Business
Defense Tech Startups Draw Record Capital as Quantum Systems Raises $1.2B
Defense tech startups just got their loudest signal yet that investors are all in, as autonomous drone maker Quantum Systems raised a $1.2…
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tech
Business
Why tech stocks are getting hammered
Tech stocks took another big hit Tuesday as investors sold off shares of companies that have powered the artificial intelligence boom.…
Culture
6 ways young professionals in tech can find useful podcasts
If you’ve ever opened a podcast app and felt overwhelmed by thousands of options, you’re not alone. For young professionals in tech,…
Business
Value of Huntington Beach defense tech startup balloons to $1.8 billion
California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company’s valuation to $1.8…
Business
Another tech company says it will cut hundreds of jobs amid pivot to AI
Layoffs have continued with another tech company saying it was cutting people to enable it to use more artificial intelligence. Groupon…
Business
Another California tech company lays off thousands, citing AI
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry. Mountain View-based…
Business
LinkedIn, Cisco and Amazon are the latest tech companies laying off more workers
Job cuts are hammering the tech industry as companies ramp up investments in artificial intelligence. This week, San Jose-based tech…
Business
California tech company Cloudflare to lay off more than 1,000 workers, cites AI
Cloudflare is laying off 20% of its staff, the latest technology company to announce big cuts as it uses more artificial…
Business
Google, Nvidia and other tech titans sign AI deal with the Pentagon
Eight technology companies, including Google, Nvidia and SpaceX, have struck deals with the Pentagon to help the U.S. military gain an…
Business
Snap is cutting 1,000 workers in the latest tech layoff
Snap, the parent company of disappearing messaging app Snapchat, said Wednesday that it’s laying off 1,000 workers to reduce costs. The…
Business
Oracle lays off thousands in latest sign of tough times for tech industry
Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on artificial intelligence. On…
Business
What Founders Should Know About Emerging Tech in 2026
Keeping up with emerging technology can be an exciting yet challenging endeavor. Within the last decade alone, technology has been…
News
Hundreds of applications, no jobs and AI replacements: California's brutal tech work landscape
Laid-off tech worker Joseph Tinner has spent almost a year hunting for a job. It has been a depressing crash course on the sea change in…
Culture
Netflix buys Ben Affleck's AI film tech company, InterPositive
In 2022, Ben Affleck became so fixated on AI in film production that he quietly launched his own film tech company, InterPositive. Netflix…
Business
Equities close with slight gains as tech shares recover
Traders are pricing in a chance of roughly 63% for a rate cut of at least 25 basis points at the Fed’s June meeting, the first with odds…
Business
Foreign Investors Pull Billions From Asian Tech Stocks As AI Sell-Off Spreads
Foreign investors are sharply cutting exposure to Asian equities, particularly technology stocks, as a global sell-off in high-growth tech…
News
Video: How ICE Is Pushing Tech Companies to Identify Protesters
new video loaded: How ICE Is Pushing Tech Companies to Identify Protesters The DHS is flooding social media companies with administrative…
Business
US: S&P 500 ends up slightly as tech dips, inflation cools
The S&P 500 closed barely higher on Friday (Feb 13), with technology and communications services down on nagging fears of artificial…
Business
US stocks: Wall Street sinks as tech rout deepens on AI angst
Street indexes fell sharply, with the Nasdaq slumping 2 per cent, as investors intensified their selloff of technology shares and fled…
Business
European shares hit record high as energy stocks surge; tech, financials stumble
PEAN shares closed at a record high on Wednesday, as gains in commodity-related stocks offset weakness in technology and financials, while…
Business
Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though…
Business
Gold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Gold and silver extended losses on…
Business
Singapore, Asia markets mostly down after Wall Street tech rout
Asian markets largely ended the week in the red on Friday (Feb 6), taking the cue from the US markets on Thursday where tech stocks and…
Business
Trillion-dollar tech wipeout ensnares all stocks in AI’s path
There have been many artificial intelligence (AI)-driven sell-offs in the three years since ChatGPT burst into the mainstream. Nothing,…