WSJ News Exclusive | Jeff Bezos Bets on a Google Challenger Using AI to Try to Upend Internet Search
Perplexity, with a fraction of Google’s users, raised the largest sum by an internet search startup in recent years.
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Apple to begin taking pre-orders for Vision Pro virtual reality headsets
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Apple iPhone sales in China fell more than 30% during first week of 2024: Analysts
Apple CEO Tim Cook delivers remarks during an Apple special event in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images Apple’s iPhone sales in China were down more than 30% year over year for the first week of January, while competitors such as Xiaomi and Huawei have “remained much stronger” with flat…
Amazon slashes jobs at Twitch, MGM and Prime Video
In an email sent to staff at Prime Video and Amazon MGM Studios, senior vice president of the department Mike Hopkins wrote: “We’ve identified opportunities to reduce or discontinue investments in certain areas while increasing our investments and focus on content and product initiatives that deliver the most impact.”
Xerox to cut 15% of its workforce
Signage is displayed outside the Xerox headquarters in Norwalk, Connecticut. Michael Nagle | Bloomberg | Getty Images Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees…
Millions to lose affordable internet unless Congress extends subsidies
Comment on this storyComment Add to your saved stories Save Millions of households will lose discounts on their internet bills in the coming months if Congress does not act to extend an affordable-internet program. The Federal Communications Commission says it will begin winding down the Affordable Connectivity Program this week if it cannot secure more…
Microsoft’s multibillion-dollar investment in OpenAI could face EU merger probe
Jaap Arriens | Nurphoto | Getty Images Microsoft’s multibillion-dollar investment in artificial intelligence firm OpenAI could face a full-blown merger investigation in the European Union, EU officials signaled Tuesday. The European Commission, which is the executive arm of the EU, said that it was embarking on a competition investigation looking at the markets for virtual…
