Microsoft Cuts 4,800 Jobs as Xbox Business Undergoes Historic Restructuring
The software giant eliminated 2.1% of its workforce, with gaming division facing 1,600 cuts amid margin pressure and a broader shift toward enterprise AI deployment
Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.
The software giant eliminated 2.1% of its workforce, with gaming division facing 1,600 cuts amid margin pressure and a broader shift toward enterprise AI deployment
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…
The Italian acquirer of aging tech brands posted a $25.7 billion valuation despite broader SaaS headwinds, turning five portfolio companies …
The Italian acquirer of Evernote, Vimeo, and Meetup went public today on Nasdaq, with revenue per employee jumping from $1.12M to $2.57M in …
The actor-turned-investor is pivoting from established AI labs toward the energy and hardware layer that powers them, signaling where early-…
The acquisition combines launch capability with an operational satellite constellation, but scaling to compete in consumer broadband remains…
The company is developing Arena, a forecast platform that may initially use game-style points rather than real money, raising questions abou…
Paul Meade's move signals OpenAI's push into consumer devices - and raises questions about how its in-house team will coexist with Jony Ive'…
The premium electric brand will produce SUVs at Proton's facility by mid-2027, doubling overseas sales as domestic momentum falters and oil-…
The Idaho-based chipmaker posted a 28-fold profit surge while Apple warns customers to brace for higher device prices…