Salesforce cuts 1,000 jobs as it joins Meta, Microsoft and Apple in AI pivot February 4, 2025 Cloud-based software giant Salesforce is cutting 1,000 roles while hiring salespeople for AI, following in the footsteps of big techs like Meta, Microsoft and Apple. Salesforce is reducing its headcount to streamline its operations, while actively looking for new roles centred on selling new AI products. This move reflects a trend of layoffs in big [...]
Microsoft, Meta, Tesla & Apple: What this week’s tech earnings tell us about the AI boom January 31, 2025 Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far. AI spending shapes the tech sector This week started with the rise of Chinese startup DeepSeek causing headwinds on [...]
Microsoft and Meta defend AI spend post DeepSeek shock January 30, 2025 Tech giants Microsoft and Meta both addressed and defended their substantial investments in artificial intelligence (AI), despite recent headwinds. Both firms kicked off the earnings season on Wednesday, just days after Chinese startup DeepSeek broke the internet, as well as the market, on Monday. Its recent global traction followed the release of its new AI [...]
Meta pays Trump $25m to settle Facebook lawsuit January 30, 2025 Meta has agreed to pay $25m (£20m) to settle a lawsuit filed by President Donald Trump back in 2021 over his banned accounts. The president had sued Facebook and Instagram’s parent company, as well as its owner, Mark Zuckerberg, due to his accounts being suspended on its platforms. Meta had banned his accounts following the [...]
The Debate: Should businesses have DEI quotas? January 30, 2025 Trump's America is turning the tide on woke, but are DEI quotas good for business? Our writers hash it out in this week’s Debate.
Is this the age of the unfiltered CEO? January 29, 2025 Mark Zuckerberg’s recent conversation with podcaster Joe Rogan stays in my mind for a number of reasons. The idea of the world’s Nerd-in-Chief stripping off and shooting pigs with a bow and arrow was one of the more bizarre images to emerge from the chat, along with his slightly cringeworthy enthusiasm for fighting other men [...]
Elon Musk is wrong – we must never ‘move beyond’ the Holocaust January 27, 2025 Elon Musk addressed an AfD rally on the eve of Holocaust Memorial Day and said there was too much focus on Germany’s past. The rise of populism combined with the consolidation of the power of big tech should worry us all, says Jack Mendel This year’s Holocaust Memorial Day falls in the immediate aftermath of [...]
Nvidia tanks as Chinese AI startup Deepseek spooks global markets January 27, 2025 Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
X and Meta: Who’s benefiting from Tiktok’s brief hiatus? January 20, 2025 As Tiktok temporarily went down on Sunday afternoon, rival social media platforms such as X and Meta scrambled to fill the void left by the app’s absence. Several competitors moved quickly to capitalise on its downfall, hoping to attract its 170m US user base by picking up its various features. Before the ban took effect [...]
Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech January 16, 2025 Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?