Tag: tech industry
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Microsoft Nears US$4 Trillion Valuation on Cloud Earnings Surge
Microsoft’s fiscal fourth-quarter performance surpassed market expectations, propelling its market value toward the unprecedented $4 trillion threshold.
The company reported adjusted earnings of $3.65 per...
X CEO Linda Yaccarino Resigns Amid Platform Turbulence
Linda Yaccarino has resigned as Chief Executive Officer of X, the social media platform owned by Elon Musk, after approximately two years in the...
Microsoft Cuts 9,000 Jobs Amid US$80 Billion AI Push
Microsoft will lay off approximately 9,000 employees globally, representing about 4% of its 228,000-person workforce, as part of its 2025 restructuring efforts.
According to the...
Meta’s $100 Million AI Talent Bids Fail to Sway OpenAI Researchers
OpenAI CEO Sam Altman disclosed that Meta offered signing bonuses reaching $100 million to recruit top artificial intelligence researchers from his company, according to...
Tech Graduate Unemployment Rises Sharply as Market Shifts
Recent computer science graduates face rising unemployment rates, challenging long-standing assumptions about guaranteed tech sector employment.
According to Federal Reserve Bank of New York data...
