Topic
information technology
15 stories related to this topic, newest first.
news.google.comworld8 days ago
India Orders WhatsApp to Pause Username Feature; Company Cites Safety Tools and Questions Legal Basis
India's Ministry of Electronics and Information Technology ordered WhatsApp on July 1 to halt rollout of a username feature. The notice requires a response within three days or potential action under the Information Technology Act. WhatsApp said the feature is not live and will l…
Forbesai8 days ago
AI Shifts Economy From Physical Goods to Digital Value
The transition from tangible products to digital bits is accelerating due to advances in information technology and AI. This change affects work, education, and social protection systems.
Benzingafinance55 days ago
Dow Jones Falls 500 Points as NY Manufacturing Index Rises in May
U.S. stocks declined in morning trading on Friday with the Dow Jones falling about 500 points. The New York manufacturing index rose to 19.6 in May from 11 the prior month, exceeding forecasts of 7.5. Energy shares rose while information technology shares declined.
Benzingafinance56 days ago
US Stocks Rise as Dow Gains Over 250 Points on Retail Sales Data
U.S. stocks opened higher Thursday with the Dow Jones Industrial Average rising more than 250 points. Retail sales increased 0.5% in April while information technology shares led sector gains. Several small-cap stocks posted triple-digit percentage gains following company-specifi…
gamereactor.eufinance57 days ago
China Tightens Rare Earth Regulations as U.S. Prepares 2027 Ban on Chinese-origin Materials
China's Ministry of Industry and Information Technology issued new enforcement rules this week allowing confiscations, fines and license revocations. The Pentagon has delivered a memorandum to REalloys urging urgent domestic supply of dysprosium and terbium ahead of a January 202…
profootballtalk.nbcsports.comai58 days ago
GM Cuts 500-600 IT Jobs in Austin and Warren as Part of IT Transformation and AI Hiring Push
General Motors eliminated several hundred information technology positions Monday in a cost-cutting move that a company source said was partly driven by artificial intelligence. Affected employees described receiving an abrupt 15-minute virtual meeting invitation that ended with…
TechCrunchai58 days agoUpdated
GM Lays Off 500-600 IT Workers Worldwide
General Motors cut more than 10% of its Information Technology department as part of a skills shift toward artificial intelligence capabilities. The automaker confirmed the layoffs to TechCrunch while stating it continues to hire for AI-native development, data engineering and ot…
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en.globes.co.ilworld59 days agoUpdated
Company Lays Off 500 to 600 Technology Workers Globally
The company has cut between 500 and 600 information technology positions worldwide as part of a cost reduction and restructuring effort. The reductions have a significant impact in Austin, Texas, and Michigan. The move was reported by CNBC on Monday.
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investopedia.comfinance59 days ago
GM Cuts 500-600 IT Salaried Positions Globally as Part of Transformation
The automaker began the cuts on Monday, primarily affecting employees in Austin, Texas, and Warren, Michigan. GM confirmed the reductions as part of a transformation of its information technology organization while continuing to hire in artificial intelligence and autonomous vehi…
insidermonkey.comtechnology66 days ago
Hedge Funds Reduce U.S. Tech Holdings by Most Since 2011
Hedge funds have posted their biggest two-week reduction in U.S. information technology exposure in the past 10 years, excluding the 2021 meme stock frenzy. The move was driven by long sales outpacing short covers at a 1.5 to 1 ratio. Nearly all subsectors saw cuts, with semicond…
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ibtimes.co.ukfinance69 days ago
U.S. Stocks Close Mixed; Chevron Reports Q1 Earnings
U.S. stock indices ended the day with mixed results, as the NASDAQ climbed over 1% while the Dow dipped slightly. Chevron reported first-quarter earnings that beat adjusted profit estimates but missed on revenue. Energy stocks led sector declines, while information technology sha…
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investopedia.comfinance70 days ago
U.S. Stocks Open Mixed After Amazon Reports Q1 Earnings
Major U.S. stock indices showed mixed performance after Thursday's market open, with the Dow Jones rising while the NASDAQ declined in some reports. Amazon reported first-quarter revenue and earnings that exceeded analyst estimates. Industrials led sector gains, while information…
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valuewalk.comfinance76 days ago
U.S. Stocks Trade Mixed as Dow Declines Over 150 Points
U.S. stock indexes showed mixed performance during midday trading on Friday, with the Dow Jones Industrial Average down more than 150 points. The NASDAQ and S&P 500 posted gains, driven by strength in information technology shares. Procter & Gamble reported third-quarter earnings…
wccftech.comfinance78 days agoUpdated
China Reports 1,882 Exaflops in Domestic AI Computing Power, Per Ministry Data
China's Ministry of Industry and Information Technology reported the country has reached 1,882 exaflops of artificial intelligence computing power. This figure equates to 1,882 quintillion calculations per second and exceeds estimates from the Top500 supercomputer list by more th…
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Ars Technicatechnology96 days ago
Colorado Senate Committee Advances Bill to Exempt Critical Infrastructure from Right-to-Repair Law
The Colorado Senate Business, Labor, and Technology Committee unanimously approved Senate Bill 26-090 on Friday, which seeks to exempt information technology equipment for critical infrastructure from the state's Consumer Right to Repair Digital Electronic Equipment Act.