U.S. stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic growth, while Apple Inc slid on worries about a hit to iPhone production. Shares of the Cupertino, California tech giant lost 2.6 percent and weighed heavily on the benchmark S&P 500 index as worker […]
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HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12 percent of its global workforce, at a time when sales of personal computers and laptops are sliding as shoppers tighten budgets. The PC maker also forecast a lower-than-expected profit for the first quarter […]
Amazon.com Inc on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since media outlets including Reuters reported its layoff plans on Monday, heralded a […]
Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday, in what would amount to its biggest such reduction to date. The cuts, earlier reported by the New York Times, would represent about 3 percent of Amazon’s corporate […]
Quantum computer startup QuEra, born from researchers at Harvard University and the Massachusetts Institute of Technology, said on Tuesday its computer is now accessible to the public through Amazon.com cloud’s quantum computer service Braket. While there are various technologies for creating so-called quantum bits or qubits where the computations happen, QuEra’s qubits use neutral atoms […]
After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq slid to 0.26 last week, its level lowest […]
Amazon Simple Storage Service, S3, is a cloud object storage service offering world-class services. Data availability, security, and performance. Companies from various scales can use Amazon S3 to store and keep their data safe. Amazon S3 offers management features allowing you to optimize and organize your data. Many myths have been formulated, so which of […]
It has been over two years since Amazon made up its mind to change the future of grocery shopping and opened up its first Amazon Fresh store. Now, they have shifted into high gear and opened up dozens of stores across the U.S., continually expanding into new cities. Most recently an Amazon fresh grocery store […]
Amazon and Alphabet unit Google criticised Microsoft’s cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival cloud service providers. The U.S. software giant on Monday announced amended licensing deals and other changes that will take effect on Oct. 1 and which they say will make it easier for […]
With technology becoming an ever-present aspect of our lives, the back-to-school shopping list got a tech-savvy overhaul. So, whether you’re planning on preparing your youngsters to study and enjoy their free time, there are many fun options! The question is what are the coolest gadgets for 2022? Here’s a list of great deals and must […]