Month: January 2024

The tech giant beat revenue predictions for the last quarter of 2023 but failed to deliver on predicted advertising revenue Alphabet stock slid more than 5% in after-hours trading Tuesday despite narrowly beating overall revenue predictions for quarter four of 2023 after the tech giant fell short in its key advertising sector. The Google parent …

Advertising slump sinks Google investor confidence despite overall high revenue Read More »

Tech giant now second business in history to reach a stock market valuation of $3tn, overtaking Apple as the world’s most valuable Microsoft beat analyst expectations Tuesday as its heavy bets on artificial intelligence bore fruit, particularly for its Azure cloud computing unit. The software giant reported revenue of $62bn, up 18% year-over-year, surpassing anticipated …

Microsoft’s Activision acquisition and bets on AI yield high quarterly revenue Read More »

Judge ruled his pay – six times larger than the combined pay of the 200 highest-paid executives in 2021 – was set inappropriately A Delaware judge on Tuesday ruled in favor of the investors who challenged billionaire Elon Musk’s $56bn Tesla pay package as excessive, a court filing showed. The judge found that Musk’s compensation …

Elon Musk’s $56bn Tesla pay package is too much, judge rules Read More »

Fintech giant will eliminate 9% of its global workforce to cut costs Paypal is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, according to its CEO, Alex Chriss. In a letter to staff sent on Tuesday, the newly appointed CEO said the decision was made to “right-size” the company …

PayPal plans to cut 2,500 workers in effort to ‘right-size’ itself Read More »

Many county systems are inoperative, but the district attorney’s office says the racketeering case against the ex-president is secure Officials said court and other systems in Georgia’s most populous county were hacked over the weekend, interrupting routine operations, but the district attorney’s office said the racketeering case against former president Donald Trump is unaffected. Fulton …

Georgia’s Fulton county hacked, but DA says Trump election case is unaffected Read More »

Early reviews of cutting-edge headset suggest it is packed with sci-fi tech and interesting ideas but is far from perfect The first reviews of Apple’s Vision Pro headset, from publications with early access to the company’s attempt to create the next computing platform, talk of a big leap forward for face-mounted computers, for better or …

Apple Vision Pro reviews roundup: stunning potential with big trade-offs Read More »

With the region’s countries among the most vulnerable to the climate crisis, digital entrepreneurs have been inspired to find innovative ways to create real environmental change Leo Prieto’s passion for nature started during his childhood by the sea. “I was obsessed with what was under the surface. I’d anchor myself to a rock with my …

Low-carbon milk to AI irrigation: tech startups powering Latin America’s green revolution Read More »

Of course the App Store owner’s fight with EU regulators is about money – but is it also about something more? • Don’t get TechScape delivered to your inbox? Sign up for the full article here Who owns the phone in your pocket? That’s the question at the heart of Apple’s latest battle with European …

TechScape: ‘Hot garbage’ or core protection? Inside Apple’s ongoing beef with the EU Read More »

Billionaire’s startup will study functionality of interface, which it says lets those with paralysis control devices with their thoughts Elon Musk, Neuralink’s billionaire founder, said the first human received an implant from the brain-chip startup on Sunday and is recovering well, in a post on Twitter/X on Monday. The US Food and Drug Administration (FDA) …

Elon Musk says Neuralink has implanted first brain chip in a human Read More »

Roomba maker announces plans to axe 31% of workforce and exit of CEO after collapse of acquisition Amazon has dropped its planned $1.4bn (£1.1bn) acquisition of the Roomba maker iRobot, amid EUopposition to the deal. The e-commerce company will pay a $94m break fee to iRobot, which immediately announced plans to axe 31% of its …

Amazon drops $1.4bn deal to buy iRobot after EU veto reports Read More »