Amazon to cut another 9,000 jobs Getty Images By Noor Nanji Business reporter, BBC News Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs. The firm, which employs 1.5 million people worldwide, said the cuts would fall mainly in areas including cloud computing and advertising. It did not… Continue reading Amazon to cut another 9,000 jobs
Category: Technology
OpenAI announces ChatGPT successor GPT-4
OpenAI announces ChatGPT successor GPT-4 Getty Images By Ben Derico and Zoe Kleinman BBC News OpenAI has released GPT-4, the latest version of its hugely popular artificial intelligence chatbot ChatGPT. The new model can respond to images – providing recipe suggestions from photos of ingredients, for example, as well as writing captions and descriptions. It… Continue reading OpenAI announces ChatGPT successor GPT-4
Silicon Valley Bank: Lessons learned from failed ‘tech bank’
Silicon Valley Bank: Lessons learned from failed ‘tech bank’ Ben Peter Catchpole By Zoe Kleinman Technology editor Uncertainty, panic and urgency are three words I heard rather a lot on Monday morning. I have been talking to some of the UK-based tech firms which had accounts with Silicon Valley Bank, the bank that failed rather… Continue reading Silicon Valley Bank: Lessons learned from failed ‘tech bank’
Meta exploring plans for Twitter rival
Meta exploring plans for Twitter rival Reuters By Shiona McCallum Technology reporter Meta, the parent firm of Facebook and Instagram, is working on a standalone, text-based social network app. It could rival both Twitter and its decentralised competitor, Mastodon. A spokesperson told the BBC: “We’re exploring a standalone decentralized social network for sharing text updates.… Continue reading Meta exploring plans for Twitter rival
US-China chip war: Netherlands moves to restrict some exports
US-China chip war: Netherlands moves to restrict some exports Getty Images By Annabelle Liang Business reporter The Dutch government says before the summer it will put restrictions on the country’s “most advanced” chip exports to protect its national security, following a similar move by the US. It will include technology produced by computer chip equipment… Continue reading US-China chip war: Netherlands moves to restrict some exports
Elon Musk’s Tesla cuts prices again as tries to boost sales
Elon Musk’s Tesla cuts prices again as tries to boost sales Getty Images By Natalie Sherman Business reporter, New York Tesla has cut prices for its electric cars – again – as it tries to boost sales and compete with rival firms. The reductions – worth several thousand pounds, depending on the market and model… Continue reading Elon Musk’s Tesla cuts prices again as tries to boost sales
Arm opts for New York stock listing in blow to London
Arm opts for New York stock listing in blow to London Reuters British microchip designer Arm says it will not pursue a London stock exchange listing this year. The Cambridge-based firm designs the tech behind processors – commonly known as chips – that power devices from smartphones to game consoles. Reports in January said Prime… Continue reading Arm opts for New York stock listing in blow to London
Twitter goes down with users unable to view tweets
Twitter goes down with users unable to view tweets Reuters Thousands of Twitter users around the world are reporting issues as the social network suffers another outage. The Following and For you feeds – which display tweets on the platform’s homepage – instead carried a notice reading “Welcome to Twitter”. There were more than 5,000… Continue reading Twitter goes down with users unable to view tweets
Twitter reportedly lays off 200 more employees
Twitter reportedly lays off 200 more employees Getty Images By Tom Gerken Technology reporter Twitter has laid off at least 200 staff in another round of cuts, according to reports in the New York Times. It said the tech giant had cut 10% of its current workforce, which it estimated at 2,000 people. This is… Continue reading Twitter reportedly lays off 200 more employees
Can mind-controlled VR games help stroke patients?
Can mind-controlled VR games help stroke patients? Cogitat By Zoe Kleinman Technology editor A system which can translate human brain activity into actions without any physical movement is being developed by a neurotech firm called Cogitat. When wearing a prototype headset, basic actions in virtual reality can be carried out by thinking about them. So… Continue reading Can mind-controlled VR games help stroke patients?