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Amazon CEO Andy Jassy denies that 5-day office mandate is a ‘backdoor layoff’

Amazon CEO Andy Jassy denies that 5-day office mandate is a ‘backdoor layoff’

Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City.  Michael M. Santiago | Getty Images Amazon CEO Andy Jassy denied speculation that the company’s five-day in-office mandate was made to further reduce headcount or […]

Amazon CEO Andy Jassy denies that 5-day office mandate is a ‘backdoor layoff’ Read More »

Super Micro says board found ‘no evidence of fraud,’ still has no timetable for annual results

Super Micro says board found ‘no evidence of fraud,’ still has no timetable for annual results

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Super Micro, the embattled server maker that’s late in releasing annual financials and at risk of being delisted by

Super Micro says board found ‘no evidence of fraud,’ still has no timetable for annual results Read More »

OpenAI hires Meta’s former Orion head to lead its robotics efforts

OpenAI hires Meta’s former Orion head to lead its robotics efforts

Jaap Arriens | NurPhoto via Getty Images The former head of Meta’s Orion augmented reality glasses initiative has joined OpenAI to lead the startup’s robotics and consumer hardware efforts. Caitlin “CK” Kalinowski announced her new role Monday in a post on LinkedIn and X, writing, “In my new role, I will initially focus on OpenAI’s

OpenAI hires Meta’s former Orion head to lead its robotics efforts Read More »

Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below ,000

Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below $69,000

Bitcoin and USA flag on a cracked wall. Ruma Aktar | Istock | Getty Images Cryptocurrencies were slightly higher as investors looked forward to results from the U.S. presidential election. Bitcoin rose 1.9% to $68,783.69, according to Coin Metrics. It’s sitting 7% below its all-time high, after coming within spitting distance of it last week.

Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below $69,000 Read More »

As Americans head to the polls, social media companies are in the spotlight

As Americans head to the polls, social media companies are in the spotlight

Kamala Harris and Donald J. Trump social media sites on X, formerly known as Twitter, are displayed on mobile phones screens for illustration photo.  Beata Zawrzel | Nurphoto | Getty Images With Americans heading to the polls on Election Day, social media companies like Meta, TikTok, X and YouTube are under intense pressure to handle

As Americans head to the polls, social media companies are in the spotlight Read More »

Nintendo cuts Switch sales forecast as demand for ageing console wanes

Nintendo cuts Switch sales forecast as demand for ageing console wanes

Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The Japanese gaming

Nintendo cuts Switch sales forecast as demand for ageing console wanes Read More »

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