Updated Jan. 8, 2024 6:46 pm ET Unity Software plans to lay off about 25% of its workforce as the company works to recover from a major dust-up with customers last fall. The company will let go about 1,800 employees, according to a securities filing on Monday. The cuts come after Unity laid off more…
James Whitehurst, the former CEO of Red Hat. Adam Jeffery | CNBC Unity Software said Monday that it’s cutting 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. The stock jumped almost 5% in extended trading. Unity said in a regulatory filing that the cuts…
Updated Jan. 8, 2024 6:31 pm ET Hewlett Packard Enterprise is in advanced talks to buy Juniper Networks for about $13 billion, in a bid to better position the nearly 100-year-old technology company in the era of artificial intelligence. A deal between the two companies could be announced as soon as this week, according to…
Comment on this storyComment Add to your saved stories Save LAS VEGAS — CES, one of the world’s largest technology trade shows, has long featured individual gadgets that scoot in and out of rooms, control smart-home devices, or project streaming shows onto walls. Now Samsung is combining all of those capabilities into its next big…
Walter Prescher, a father with 10 children living at home, says internet access is essential to keep his household running smoothly. “With all the kids and all the chaos in the family, that [money] could go towards doing other activities for the kids,” Prescher told CBS News. He and his family live in College…
One of the newest and fastest-growing weapons in the fight against global warming is technology to remove carbon dioxide from the atmosphere, known as direct air capture. Some liken it to sucking CO2 out of the atmosphere. However, it’s not a perfect science, and most methods require a lot of water. That is about to…
Emails obtained by The Post reveal Federal Trade Commission nominee Melissa Holyoak’s chummy rapport with ex-colleagues at a Google-funded think tank – including one who wrote of the FTC that “burning it to the ground is too good for it.” Holyoak, the Republican solicitor general of Utah, previously spent five years as an attorney for…
Updated Jan. 8, 2024 4:34 pm ET Elon Musk criticized a Wall Street Journal article detailing how leaders at Tesla and SpaceX are worried about his drug use, saying he didn’t fail drug tests and touting the business successes at his companies. He weighed in with a series of social-media posts after the article said…
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…
Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, Spain Joan Cros Garcia/Corbis | Corbis News | Getty Images Twilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software company. The move…
