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Category Archives: Business

PostedinBusiness Posted on April 28, 2023

Samsung overtakes Apple in phone shipments as the market dips again

Posted By Shannon.Smith

In brief: The smartphone market just saw its fifth straight quarter of decline in what has become a familiar picture of phone makers experiencing the sting of low demand for their products. Changing consumer priorities made for a horror holiday quarter,

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PostedinBusiness Posted on April 26, 2023

Apple drops a major hint that new desktop Mac models are coming soon

Posted By Matthew.England

iMac? Mac Studio? Mac Pro? With Apple’s annual WWDC 2023 event rapidly approaching, there’s a lot of speculation about new hardware that could be unveiled alongside the usual wealth of software updates – and a major hint in that direction has now

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PostedinBusiness Posted on March 30, 2023

Electronic Arts to Lay Off 6% of Staff

Posted By Matthew.England

Some 800 jobs could be on the chopping block. Video game hitmaker Electronic Arts is laying off 6% of its workforce. “As we drive greater focus across our portfolio, we are moving away from projects that do not contribute to

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PostedinBusiness Posted on March 28, 2023

UK Regulator: Microsoft-Activision Deal Probably Won’t Harm Console Market

Posted By Shannon.Smith

However, the UK’s Competition and Markets Authority indicates it still wants to examine the potential impact of the Microsoft-Activision deal on cloud gaming. Microsoft has notched a new win in its ongoing bid to buy Activision Blizzard. A UK regulator says the

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PostedinBusiness Posted on February 23, 2023

Everything Leaving Netflix in March 2023

Posted By Matthew.England

Every month, Netflix has to renegotiate contracts and get rid of some of its streaming offerings. Here are the movies and shows that will be leaving the service in March. Every month, Netflix adds a bunch of new content to its library

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PostedinBusiness Posted on February 21, 2023

Lenovo considers layoffs amid the shrinking PC market

Posted By Matthew.England

PC giant hopes the market will bounce back soon Lenovo is said it is prepared to discuss cost-cutting measures that could see a number of its workers being made redundant as the company faces the same tough economic challenges that

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PostedinBusiness Posted on January 25, 2023

ChatGPT: Microsoft to invest billions in chatbot maker OpenAI

Posted By Matthew.England

Microsoft has announced a multi-year, multibillion dollar investment in artificial intelligence (AI) as it extends its partnership with OpenAI. OpenAI is the creator of popular image generation tool Dall-E and the chatbot ChatGPT. In 2019 Microsoft invested $1bn (£808m) in the company,

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PostedinBusiness Posted on January 23, 2023

Microsoft Makes ‘Multibillion Dollar’ Investment in ChatGPT Creator OpenAI

Posted By Kerry.Hershey

Terms of the deal were not revealed, but reports suggest that Microsoft could be investing as much as $10 billion in the San Francisco lab, which is behind ChatGPT and DALL-E 2. Microsoft is pouring billions more into OpenAI, the

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PostedinBusiness Posted on December 29, 2022

Mastodon Rejects Funding Offers to Preserve Nonprofit Status, Founder Says

Posted By Matthew.England

Mastodon founder Eugen Rochko tells the Financial Times that he turned down multiple six-figure investment offers to avoid turning the site into ‘everything you hate about Twitter.’ Mastodon, the social media platform that has seen a surge in popularity since

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PostedinBusiness Posted on December 27, 2022

The Biggest Tech Fails of 2022

Posted By Shannon.Smith

Come reminisce over Twitter trash fires, Crypto crashes, metaverse malfunctions, and much, much more. The world of technology is one of incredible advancements—but also, at times, spectacular failures. 2022 was no exception, with industry giants and start-ups alike suffering some

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