Category: Technology News

A federal jury in Texas handed out a decree for Intel Corp on Tuesday. The verdict required the semiconductor company Intel to pay $948.8 million to VLSI Technology as compensation for the infringed VLSI’s patented

Amazon.com Inc reportedly plans to cut 10,000 employees this week as the company prepares for a possible recession and slower growth. The potential layoff would be the e-commerce giant’s biggest staff reduction to date, representing

Apple Inc’s mixed-reality headset, the company’s next major product, might be the first step to creating Apple’s version of the “metaverse.” The tech giant, despite its aversion for the term “metaverse,” have been working on

In his first address to Twitter staff on Thursday, the new owner of Twitter, Elon Musk, warned about the possibility of Twitter’s Bankruptcy if the social media platform failed to generate more cash. Before the

Unity Software Inc fell 14% in after-hours trading on Wednesday after reporting a $253.7 million Q3 loss, compared to only $155.1 million the prior year. Although the software company posted higher revenue for Q3 at

Shares for the Kyoto-based company Nintendo Co experienced their biggest one-day drop in a year, recording an almost 7% decline on Tuesday following the company’s Switch sales projection cut. The Japanese videogame company said that

The US-based chipmaker Nvidia Corp confirmed on Monday a new advanced chip for China that supposedly meets the recent US export regulations. In Nvidia’s report, the chipmaker company noted that Chinese computer sellers are using

Meta Platforms Inc is expected to announce a mass layoff on Wednesday amid the company’s slow growth and dismal financial results. Before this, Meta’s shareholder Altimeter Capital Management stated in an open letter to the