Microsoft Cuts 4,800 Jobs as Commercial Division Bears Brunt of New Layoffs
The company eliminated 3,200 positions outside gaming alongside 1,600 Xbox cuts, while executives frame AI as a catalyst for workforce restructuring
Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.
The company eliminated 3,200 positions outside gaming alongside 1,600 Xbox cuts, while executives frame AI as a catalyst for workforce restructuring
The move drops Tencent below substantial shareholder threshold at Kuaishou even as it leads a massive financing for the platform's AI video …
As humanoid startups tout billion-dollar valuations, the Salem-based robotics maker is heading to public markets with paying customers, indu…
From space-based power grids to AI hardware inference, venture capital is minting unicorns at a pace unseen since 2021 - but the composition…
The three-year-old startup raised $150 million from Meituan and Tencent while deliberately skipping cameras in favor of privacy-conscious he…
The Redmond giant trims 2.1 percent of its global workforce, concentrating reductions in commercial sales teams and Xbox as it realigns for …
The division admits its business model isn't working as hardware costs rise and Game Pass growth stalls, forcing a fundamental restructuring…
The tech giant is cutting nearly 1,600 Xbox roles in the first wave of a broader restructuring that will see 20 percent of gaming jobs elimi…
The software giant eliminated 2.1% of its workforce, with gaming division facing 1,600 cuts amid margin pressure and a broader shift toward …
As production costs for autonomous ride-hailing hardware fall sharply in China, the economics of driverless fleets are shifting faster than …
The ride-hailing giant has paused expansion into Austria, Norway, and Greece as it pursues a multibillion-euro takeover deal.…
The humanoid robot maker's public debut arrives as venture capital pours into China's embodied AI sector, setting up a critical test of inve…
The Italian tech conglomerate's Nasdaq debut at a $25 billion market cap validates a controversial playbook of acquisitions, layoffs, and pr…
The Japanese automaker is channeling cells originally meant for electric vehicles into data centers and grid infrastructure, joining a rush …
Tencent, Alibaba, Meituan, and Xiaomi deploy billions in share repurchases, but questions remain whether capital allocation alone can restor…
DJI and Insta360 have quietly built a near-duopoly in handheld imaging hardware, leveraging deep supply chains and rapid iteration as legacy…
The California EV maker now expects to ship up to 70,000 vehicles this year, driven by commercial van momentum and early R2 SUV deliveries d…
The settlement closes a contentious chapter that saw founders ousted months before a $250 million payout milestone, then reinstated by court…
The social media giant is exploring ways to monetize its massive AI data center buildout through enterprise computing services…
The streaming service must prove profitability outside the umbrella of a $123 billion conglomerate as NBCUniversal prepares for independence…
New CEO Silvio Napoli replaces CFO and five C-suite roles while second-quarter deliveries barely budge, underscoring the Saudi-backed EV mak…
Kling AI's funding round values the company at $18 billion, down from its April target, as investor appetite for generative video cools acro…
The Helsinki-based quantum computing maker completed a $1.9 billion SPAC debut on Nasdaq, even as its own prospectus warns that commercial v…
With nearly 400 satellites now in orbit, the e-commerce giant hits the technical minimum to begin commercial operations - but catching up to…
A decade after the first autonomous vehicle wave, the same talent and capital patterns are reappearing in logistics automation, with founder…