Companies

Apple releases iOS 16.3

Apple's iOS 16.3, the third major update to the iOS 16 operating system, has been made available to all supported devices. The update enables the...

Toshiba executive picks HDDs over SSDs

Rainer Kaese, a Toshiba executive, believes that Hard Disk Drives (HDDs) are critical for storing data in a variety of market areas because Solid...

Microsoft invests in OpenAI for the third time

Microsoft announced an extension of its partnership with OpenAI, with a "multi-year, multi-billion-dollar" investment expected to be in the $10 billion range. Microsoft, which already...

Spotify to lay off 6% of its staff

Spotify announced plans to lay off 6% of its workforce and take a related charge of up to nearly $50 million, adding to the...

Entire Microsoft VR team among laid off 10,000 staff

Microsoft's 10,000-person layoff may put a halt to the company's HoloLens and headset-based projects, with entire teams working on mixed reality and virtual reality...

Google layoffs 12,000 workers 

Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to cut staff as the industry's economic...

Elliott Management buys multibillion-dollar stake in Salesforce

According to people familiar with the matter, activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., the world's largest software-as-a-service...

Canadian digital forensics specialist taken private, to merge with US partner

With public share values of North American tech companies dropping and management laying off staff, a Canadian maker of digital investigation solutions for police has found a savior: Being bought by a private equity firm. Magnet Forensics of Waterloo, Ont. said this afternoon it has struck a deal to be bought by American-based Thoma Bravo

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