April 22, 2024 Big Six tech companies’ profit momentum could ‘collapse’ in 2024, UBS says The earnings momentum of the Big Six has experienced four distinct cyclical waves, UBS said. BY Reuters Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, … Continue reading Big Six tech companies’ profit momentum could ‘collapse’ in 2024, UBS says
April 17, 2024 Tech layoffs: Google and Rivian both cut jobs Nearly 75,000 tech employees have lost their jobs so far this year. BY Chris Morris The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. … Continue reading Tech layoffs: Google and Rivian both cut jobs
April 17, 2024 MGM Resorts is using a Big Tech strategy to fight Lina Khan’s FTC—but will it work? Khan, who was a guest at the hotel during last year’s cyberattack, is now leading an investigation into how the event was handled. And like Meta and Amazon before it, MGM wants Khan to recuse herself. … Continue reading MGM Resorts is using a Big Tech strategy to fight Lina Khan’s FTC—but will it work?
March 22, 2024 Ukraine’s tech sector has proved resilient in wartime. Women’s startups have offered hope Martial law prohibits most men of military age from leaving the country, creating a need and space for female tech entrepreneurs at home and abroad. BY Reuters War in Ukraine has pushed women into more leadership roles in its growing … Continue reading Ukraine’s tech sector has proved resilient in wartime. Women’s startups have offered hope
March 22, 2024 This new pay transparency tool lets tech workers check their salaries against their colleagues FairComp wants to help workers evaluate job offers and make sure they’re being paid fairly, by giving them access to the type of compensation data used by employers. BY Pavithra Mohan In his former life as a chief people … Continue reading This new pay transparency tool lets tech workers check their salaries against their colleagues
Nearly two-thirds (65%) of marketers are prioritizing technology over creativity, a new study from Clevertouch Consulting found. Chris Wood on February 22, 2024 Marketers are making martech a priority, although some organizations have found their stacks becoming increasingly complex and are looking to simplify them. Some 57% of marketers are feeling overwhelmed by the number … Continue reading Marketers keep adding tech despite feeling overwhelmed by too many tools
It took Google nine days to explain its pushback against the IAB Tech Lab’s assessment. Criticisms are now detailed in a 28-page response. Kim Davis on February 15, 2024 Google has released a detailed response to claims made about Privacy Sandbox in a recent report by the IAB Tech Lab. In a brief statement to … Continue reading Google hits back at IAB Tech Lab Privacy Sandbox assessment
By Janko Roettgers February 09, 2024 Stevie Wonder. Ray Charles. Andrea Bocelli. If you were to ask a random person to name a blind musician, one of those three would almost inevitably come up. Ask that same person about up-and-coming blind musicians, and they’ll likely draw a blank. That’s no accident, according to Athan … Continue reading The quest to build more accessible music tech for blind and visually impaired artists
By Leila Frankina February 08, 2024 When Amazon announced last week that it was backing off a bid to purchase Roomba-maker iRobot, the two companies cited a familiar refrain: “Amazon’s proposed acquisition of iRobot has no path to regulatory approval in the European Union,” read a statement from iRobot. That the EU was scrutinizing … Continue reading Why EU regulators can rein in Big Tech, and the U.S. can’t
By Michael Grothaus February 08, 2024 Layoffs continue to mount in the tech sector as the first week of February comes to a close. As of (March 08, 2024), some well-known companies are among those to announce significant job cuts. Those layoffs have now accounted for 33,874 job losses in the industry since the start … Continue reading Tech layoffs update this week: DocuSign, Grammarly, Amazon, Snap, Meetup cut jobs
