Microsoft executive vice president Chris Young, who oversaw the company’s deals and investments, resigned on Wednesday, Microsoft said in a filing with the Securities and Exchange Commission. As the ...
Ten months ago, we broke the story that OpenAI and Microsoft were discussing “Stargate,” an unprecedented $100 billion data ...
Several big tech companies are laying off employees and making performance-based job cuts. But firms are also hiring and ...
A pending ban of TikTok in the U.S. is prompting a flood of TikTok users to try out Chinese social media app RedNote. Chinese regulators aren’t happy. The Cyberspace Administration of China, the ...
Amazon is laying off about 200 employees in its North America stores division, the company said Thursday. An Amazon spokesperson confirmed the cuts to the division, which includes a wide variety of ...
Apple is in talks with Barclays and Synchrony Financial to replace Goldman Sachs as the partner for its credit card, Reuters reported Wednesday. The news comes after the CEO of Goldman Sachs told ...
Before we get to the rest of today’s newsletter, we have the latest update on TikTok. On Tuesday night, my colleague Sylvia ...
The Securities and Exchange Commission sued Elon Musk in federal court in Washington, D.C., for not properly disclosing a major purchase of Twitter shares ahead of his takeover of the social media ...
JPMorgan has elevated the co-head of its commercial and investment bank, Jennifer Piepszak, to chief operating officer, replacing Daniel Pinto who is retiring from the role at the end of June. Pinto, ...
The Biden administration announced a set of controversial restrictions on the export of advanced artificial intelligence chips on Monday, in an attempt to plug loopholes that have led to voluminous ...