COMPANIES

Microsoft has had earlier mass layoffs, and Evernote also cut more than 100 workers in February, just months after the company was acquired by Bending Spoons.

Utah is looking to take social media companies to court over the alleged harm their products bring to the youth. Gov. Spencer Cox previously said he was expecting legal challenges from involved companies, and there have been concerns about the state's social media law possibly being unconstitutional.

Artificial intelligence continues to break norms and extend through various applications, and Google is diving into the world of possibilities with its work on a medical chatbot that it believes could handle healthcare conversations better than ChatGPT, Bing, or even its own Bard.

High in the Austrian Alps, hundreds of construction workers toil in a huge underground project aimed at storing hydropower as climate change has reduced the country's water-dependent electricity production.

Prepare yourself for the great outdoors with this essential guide featuring 10 must-have camping gear items that will enhance your outdoor experience.

Microsoft is expected to hit $3 trillion in valuation through its work on artificial intelligence. Morgan Stanley has high hopes for the software giant, saying it has a 22% upside potential due to its "pole position" in the generative AI arms race.

Deel, valued at $12 billion, is the subject of a letter from a California state senator who wants to have the startup investigated over alleged dubious business practices, specifically with its employment classification system.

Threads is flying high after its glorious day one, but Twitter is not letting the "copycat" app celebrate too soon. Twitter lawyer Alex Spiro wrote to Meta CEO Mark Zuckerberg, accusing the social media giant of utilizing the knowledge of ex-Twitter-now-Meta-employees about Twitter trade secrets to develop Threads.

The Honda recall affects some popular models including certain Honda Civic and Pilot units.

A racial justice advocacy organization has reportedly overspent on executive salaries and some projects that had doubtful effects on the nonprofit's actual advocacy. The organization has also been accused of illegally dismissing some employees who were members of its union.

Meta has rolled out Threads, dubbed by some as a 'Twitter killer,' but there are increasing concerns about the massive trove of data that the Instagram-developed app collects.

Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest export controls on two rare metals essential for making semiconductors.

Chinese companies investing in minerals used in the renewable energy industry have been accused of more than 100 human rights and environmental abuses around the world since 2021, according to a report released on Thursday.

"This is a defining event in our journey and I'm confident that our combined strength will enable us to create a holistic ecosystem of financial services. We're truly happy to welcome the talented team of HDFC Ltd. into the HDFC Bank family," Sashi Jagdishan, CEO of HDFC Bank said in a press release.

Stripe is cutting jobs again, nearly eight months after it eliminated more than 1,000 roles. The company recently acquired analytics software company Okay and forged a partnership with Google Workspaces.

Pokémon GO maker Niantic is letting 230 workers go as part of its cost-cutting strategy, which also includes the shelving of two games. The company previously cut its staff in June last year and canceled four projects.

Plex and Zapier are just two of the software companies affected by the wider tech reckoning that has been gripping the industry since last year. This month alone, three other software companies eliminated hundreds of jobs collectively.

BlockFi creditors have moved to liquidate the defunct crypto lender following an investigative report that they said detailed CEO Zack Prince's perpetration of "a fraud on customers." BlockFi is just one of dozens of companies dragged into the collapse of crypto exchange FTX.

Google is slashing its Waze workforce as the search giant merges the app with its own mapping system. The number of tech companies laying off staff this year has now exceeded 800.

Auto giant Ford is cutting more jobs this year as it shifts its focus to the electric vehicle industry. The company laid off thousands of jobs since February after CEO Jim Farley said Ford had too many workers but not enough equipped with the skills necessary to boost its EV business.

G City's Chaim Katzman is optimistic about the future of retail real estate

The surprise data indicates that consumer spending has remained resilient despite an elevated inflation rate and the headwinds in the economy.

"We're committed to distributed work, and we're confident people can make a meaningful impact both from the office and at home," a Meta spokesperson reportedly said. "We're also committed to continuously refining our model to foster the collaboration, relationships and culture necessary for employees to do their best work."

The Frankfurt court's decision doesn't not automatically mean that the preliminary proceedings are over

CNET employees fear their jobs are being threatened by the website's AI initiatives.

The company is expected to slash about 6,000 jobs by next week.

With one in four American adults suffering from joint pain (and over 70% of elderly people)

Gambling has been around for centuries, with the earliest records dating back to Ancient China and Greece.

Boeing was notified by a supplier of the latest MAX issue, which is expected to affect a "significant" number of undelivered planes, but not those that have already been delivered, Boeing said.