Technology

Alex Chriss, the CEO of PayPal, said that it plans to cut 2,500 jobs or 9% from its global workforce this year. In a memo sent to employees on Tuesday, the newly-appointed CEO explained that the decision had been made to "right size" the…

Microsoft's Cloud and Windows services helped it beat Wall Street forecasts of revenue for the second quarter. Analysts had estimated that revenue would be $61.12 billion, but it rose 18% to $62 billion. Microsoft's Intelligent Cloud…

If the UK Home Office refused an update under the proposed changes to existing laws, then it could not be released anywhere else and the public wouldn't be informed. The Government is looking to update the Investigatory powers Act (IPA)…

Spotify is claiming a victory in Europe over Apple by allowing in-app purchases and promotion of its services, which were previously prohibited. The new iPhone app for the Swedish streaming service will, starting in March, display…

Vertical Aerospace, an electric flying taxi company, received $50 million from its founder in order to stay airborne. Stephen Fitzpatrick is the Northern Irish businessman behind Ovo Energy. He will invest $25 million in equity capital…

In its latest round of funding, a start-up company that clones people's voice was valued at over $1 billion. This investment came from Silicon Valley heavyweights Andreessen Horowitz as well as Sequoia Capital. ElevenLabs converts…

Publishers complain that Google's dominance of internet search has put them "between rock and hard place" when it comes to using their copyrighted work as the basis for its artificial intelligence models. They claim that Google has a…

It is a difficult task to get students to attend a morning seminar. Even the most hungover of freshers would be attracted by a physics lecture from Albert Einstein, or a masterclass in design from Coco Chanel. Some universities are…

Google DeepMind used artificial intelligence (AI) to almost match the geometry problem solving skills of some of the brightest mathematicians in the world. This is a major step forward in the quest to apply this fast-growing technology for…

Elon Musk wants more control over Tesla, as it pushes the company into advanced technologies beyond car manufacturing. In a tweet on his platform Twitter/X he wrote, "I'm uncomfortable growing Tesla into a leader in AI and robotics…

Apple's software update last year lowered the volume on Audioboom, and the podcast platform revealed yesterday the impact of this change. The London-listed company announced in a trading update that it had generated revenue of $19.2…

Like many married couples, Ugur Sahin and Ozlem Tureci work best as a double-act. Just as the duo were explaining how the German pharmaceutical company they founded, BioNTech, won the race to develop the Covid vaccine, Sahin leapt to his…

At least three tech companies are looking to float on the London stock exchange. All three companies, including the computer designer Raspberry Pi and Quantum, a tech and cybersecurity company, as well as ClickASnap - a platform based in…

Last year, Russia purchased at least one third of its critical battlefield components abroad from US-based companies and their allies. This was largely due to the fact that production facilities were outsourced to states with weaker export…

Investors become more nervous as the share price of a company drops and sales drop Tim Cook didn't hold back. In a 2018 email to finance executives, he ordered his lieutenants that they should improve the sales of Apple's new iPhones.…

In a year when American, Indian and British citizens will go to the polls, elections in Taiwan, the democratic island off the coast of China, may not attract too much attention. But when voters in Taiwan choose their new president next…

Apple is banned from selling Watch Series 9 and Watch Ultra 2 to the US market after the administration of President Joe Biden refused to grant an exemption from the decision by a trade tribunal that Apple had violated a patent owned by…

The FAANGs were once the five biggest US tech stocks dominating the investment landscape. These included Facebook (now Meta), Amazon (now Alphabet), Apple (now Netflix), and Google (now Alphabet). This picture is no longer relevant.…