Cisco to lay off thousands more in second job cut this year, sources say

August 9, 2024 – 9:18 AM PDT REUTERS/Sergio Perez/File Photo (Reuters) – Cisco (CSCO.O) will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. Advertisement The number of people affected could […]
OpenAI is a bigger threat to Google than US regulators

August 8, 2024 – 7:39 AM PDT REUTERS/Dado Ruvic/Illustration/File Photo/File Photo (Reuters) – Google is facing a bigger threat from Sam Altman’s OpenAI even as it awaits a decision on how antitrust regulators in Washington plan to level the playing field in the internet search business. Advertisement A US ruling on Monday, which found that […]
Apple’s artificial intelligence features to be delayed, Bloomberg News reports

July 28, 2024 – 12:11 PM PDT Photo by JOSH EDELSON/AFP via Getty Images (Reuters) – Apple’s (AAPL.O) upcoming artificial intelligence features will arrive later than anticipated and will miss the initial launch of upcoming iPhone and iPad software overhauls, Bloomberg News reported on Sunday. Advertisement The iPhone maker is planning to begin rolling out […]
SpaceX’s Falcon 9 cleared to return to space, FAA says

July 25, 2024 – 8:52 PM PDT SpaceX’s Falcon 9 is pictured launching satellites to orbit in space after it lifted off from the Vandenberg Space Force Base in California, U.S., in this screenshot obtained from a handout video released on July 12, 2024. SpaceX/Handout via REUTERS (Reuters) SpaceX’s Falcon 9 rocket has been cleared […]
Musk to discuss $5 billion xAI investment with Tesla board

July 25, 2024 – 8:16 AM PDT REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Tesla CEO Elon Musk said on Thursday he will discuss a $5 billion investment in artificial intelligence startup xAI, as the electric-vehicle maker looks to double down on efforts to expedite the development of its robotaxi and self-driving products. Advertisement The ambitious self-driving […]
As losses mount, CrowdStrike says bug in quality control process led to botched update

July 24, 20248:28 AM PDT United Airlines employees wait by a departures monitor displaying a blue error screen, also known as the “Blue Screen of Death” inside Terminal C in Newark International Airport, after United Airlines and other airlines grounded flights due to a worldwide tech outage caused by an update to CrowdStrike’s “Falcon Sensor” […]
Apple likely to release foldable iPhone as early as 2026, the Information reports

July 23, 2024 – 9:57 AM PDT Photo by JOSH EDELSON/AFP via Getty Images (Reuters) – Apple (AAPL.O) is likely to introduce its foldable iPhone as early as 2026, the Information reported on Tuesday, that could mark the biggest hardware design revamp for the company’s most popular product. Advertisement The Cupertino, California-based company’s plan to […]
CrowdStrike shares tumble 13% on IT outage impact

July 22, 2024 – 7:23 AM PDT Travelers walk past a monitor displaying a blue error screen, also known as the “Blue Screen of Death” inside Terminal C in Newark International Airport, after a worldwide tech outage caused by an update to Crowdstrike’s “Falcon Sensor” software which crashed Microsoft Windows systems, in Newark, New Jersey, […]
Global tech outage disrupts industries, highlights online risks

July 19, 2024 – 6:49 AM PDT Passengers wait at Barajas Airport, as Spanish airport operator Aena on Friday reported a computer systems “incident” at all Spanish airports which may cause flight delays, in Madrid, Spain July 19, 2024. REUTERS/Elena Rodriguez (Reuters) – A worldwide tech outage crippled industries from travel to finance on Friday […]
What is CrowdStrike, the cybersecurity firm behind a global tech outage?

July 19, 2024 – 7:33 AM PDT A person with luggage waits at BER airport following a global IT outage, in Berlin, Germany, July, 19, 2024. REUTERS/Nadja Wohlleben (Reuters) – Companies across several industries including airlines, banking and media were hit on Friday by a global tech outage tied to Microsoft’s (MSFT.O) Azure cloud platform […]