IT sector crisis deepening: Pinterest, Miro, Splunk, Tinder, many others laying off workers
Popular photo hosting Pinterest plans to cut 5% of its staff to optimize costs and focus on “strategic priorities”…
- IT Giants
Alphabet ad business in decline, company records worst performance in 4th quarter
During the fourth quarter, the company's net profit fell to $13.62 billion, compared to $20.64 billion last year…
Meta users grow, but losses reach $13.7 billion in 2022, layoffs also expected
Meta's user base grew in 2022, pushing the company's stock price higher. But losses also increased, reaching $13.7 billion. The head of the company ...
AI-related companies’ shares skyrocket on hype surrounding ChatGPT: Open AI introduces paid version of ChatGPT
The rise in popularity of the ChatGPT chatbot has created a lot of hype around the potential use of AI technologies in various industries…
What is ChatGPT and is it time to say goodbye to Google search engine?
So it's not surprising that it has become the primary search engine for many users...
New cuts in IT: IBM and Lam Research plan to lay off 5,200 people
IBM, based in New York State, didn't mention the cuts in its quarterly earnings report Wednesday or ...
Companies’ ad costs drop 71% on Twitter: Advertisers leaving because of Elon Musk?
About 90% of Twitter's revenue comes from advertising. So, at least, it was until the acquisition of this ․․․
Microsoft to invest $10 billion in OpenAI, creator of popular ChatGPT chatbot
Тhe company did not disclose specific financial terms of the deal, but a source familiar with the deal said Microsoft's investment in OpenAI will total $10 billion.
ChatGPT passes final exam in one of best business schools. How can teachers identify AI-written work?
The ChatGPT chatbot developed by the OpenAI company and working with artificial intelligence (AI)…
Twitter to have more expensive subscription that disables ads
There is no word yet on how much the new subscription will cost…
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