Latest updates, breaking news, and insights from the world of technology.
Amazon is preparing to eliminate as many as 30,000 corporate jobs this week, marking one of the company’s most significant workforce reductions in years, according to people familiar with the matter. The potential layoffs, first reported by Reuters, would represent the largest round of Amazon job cuts since late 2022, when the company slashed 27,000 … Read more
Kia and Hyundai are recalling more than 335,000 vehicles in the United States after safety regulators flagged a defect that could cause fuel tanks to melt. The National Highway Traffic Safety Administration (NHTSA) said pressurized air can build up in the fuel tank, potentially causing it to contact hot exhaust components and melt, creating a … Read more
Europe’s chip dreams are gaining urgency as geopolitical tensions and supply chain disruptions push governments to reduce dependence on Asian semiconductor manufacturing. Germany’s multibillion euro partnership with Taiwan Semiconductor Manufacturing Company aims to anchor a new ecosystem in Dresden, but suppliers warn that Europe’s regulatory hurdles could challenge the continent’s ambitious plans. For decades, most … Read more
SAN FRANCISCO — Every company, including tech giants like Google, could face consequences if the current artificial intelligence (AI) investment boom collapses, Sundar Pichai, chief executive of Google’s parent company Alphabet, told the BBC in an exclusive interview. Pichai described the AI growth surge as an “extraordinary moment,” but cautioned that some “irrationality” had emerged … Read more
Amazon has renamed its long running satellite internet program from Project Kuiper to Amazon Leo, marking what company officials described as a shift from experimental development to commercial readiness. The announcement, made November 13, comes seven years after the initiative began as a small engineering effort focused on expanding global broadband access. Rajeev Badyal, vice … Read more
The federal government is open again, but the air traffic controller shortage that burdened the nation’s aviation network during the shutdown is far from resolved. Transportation Secretary Sean Duffy warned this week that the monthlong disruption could worsen staffing gaps that have already strained airports and delayed travelers nationwide. “We need more of them to … Read more
Amazon is joining Microsoft in supporting proposed US legislation that would further restrict Nvidia exports to China, deepening Washington’s efforts to prevent Beijing from acquiring high end artificial intelligence chips. The Wall Street Journal reported the development Thursday, citing people familiar with the matter, as debate intensifies over how far the United States should go … Read more
Blue Origin achieved a key milestone Thursday after landing the booster for its New Glenn launcher for the first time, marking a significant advancement in the company’s push to compete more directly in the reusable rocket sector dominated by SpaceX. The test, which featured the Blue Origin reusable rocket lifting off from Cape Canaveral and … Read more
Elon Musk’s artificial intelligence startup, xAI, has reportedly raised $15 billion in new funding, according to a CNBC report citing sources familiar with the matter. The infusion, which allegedly boosts the company’s valuation to $200 billion, underscores the accelerating race for capital in the AI sector. However, Musk quickly disputed the report. In a post … Read more
NEW YORK — Google has filed a lawsuit against what it alleges is a sprawling international network of text message scammers, signaling a major escalation in the tech industry’s battle against digital fraud. The lawsuit, filed Wednesday in the US District Court for the Southern District of New York, targets a group Google calls “Lighthouse,” … Read more
