The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing. The incentives include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to expand a factory in…
Listen to article (1 minute) Google is going forward with sweeping changes to how companies track users online—moves that have been years in the making. Advertisers still aren’t ready. The changes, among the biggest in the history of the $600 billion-a-year online-ad industry, center on the use of cookies, technology that logs the activity of…
Perplexity, with a fraction of Google’s users, raised the largest sum by an internet search startup in recent years.
Yusuf Mehdi, Microsoft’s consumer chief marketing officer, speaks during an event at the company’s headquarters in Redmond, Washington, on Feb. 7, 2023. Chona Kasinger | Bloomberg | Getty Images Microsoft on Thursday said keyboards on upcoming Windows PCs will feature a Copilot key for having text conversations with the software maker’s virtual assistant. It’s one…
A US labour agency says the employees sent an open letter to SpaceX executives, detailing workplace concerns.
AI is increasingly being used by fitness apps and gym equipment as an alternative to human trainers.
Bitcoin on Wednesday reversed its new year rally as investors weighed the Federal Reserve’s policy outlook and stayed on alert for updates on the Securities and Exchange Commission’s looming bitcoin exchange-traded fund decision. The price of bitcoin was last lower by more than 4% at $42,685.85, according to Coin Metrics. Earlier in the day, it…
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…
Rocket and satellite maker SpaceX on Wednesday was accused by a US labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a “distraction and embarrassment.” A regional official with the National Labor Relations Board issued a complaint claiming SpaceX violated the workers’ rights under federal labor law to band…
Updated Jan. 3, 2024 1:42 pm ET Xerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model. The printer maker said Wednesday that it had formed a global business-services unit as it aims to stabilize its core print business. Xerox also plans to…
