Meta Plans Thousands More Layoffs As Soon As This Week
Meta, the owner of Facebook andInstagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter. The world’s largest social networking company is eliminating more jobs, on top of a 13% reduction in November, in Read more…
Germany Planning To Ban Huawei, ZTE From Parts of 5G Networks
Germany’s government is planning on forbidding telecoms operators from using certain components from Chinese companies Huawei and ZTE in their 5G networks, German paper Zeit Online reported on Monday. The ban could include components already built into the networks, requiring operators to remove and replace them, Zeit Online wrote, citing Read more…
Sceptical Investors Worry Whether Advances in AI Will Make Money
Silicon Valley VCs fearing a repeat of falling crypto values warn against pouring cash into hype-fuelled start-ups. Gordon Ritter, founder of San Francisco-based venture fund Emergence Capital, believes that recent developments in the field of artificial intelligence represent a significant technological advance. He just cannot see a way to make Read more…
Amazon’s Big Dreams for Alexa Fall Short
It has been more than a decade since Jeff Bezos excitedly sketched out his vision for Alexa on a whiteboard at Amazon’s headquarters. His voice assistant would help do all manner of tasks, such as shop online, control gadgets, or even read kids a bedtime story. But the Amazon founder’s Read more…




