Browsing: Tech
Defense tech investors thought the war in Iran could make them millionaires. Instead, some of the industry’s biggest names have faced a bloodbath | Fortune
Trading volumes in major defense contractors surged in the conflict’s opening days—rising for some as much as 140% above their…
Tech stocks lead steep global selloff as investors lose faith in AI chip trade | Fortune
📬 Would you prefer to receive this information in your email inbox every morning before the markets open in New…
AI-Created Tech Layoffs are Shifting the Housing Market
In This Article AI-powered layoffs are shaking up the once-bulletproof tech job market, with more than 100,000 layoffs so far…
Nexstar CEO: big tech swallowed local newspapers. Local TV could be next | Fortune
For decades, outdated rules and regulations have constrained the ability of local television broadcasters — the providers of local news,…
We have officially entered the era of “applied AI”. For many boards and C-suite leaders, understanding how to gain the most value from large language…
‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers | Fortune
A group of Amazon engineers spoke out against unfettered data center construction, calling out their own employer for pouring money…
Tech leaders love AI. Everyone else? Not so much
Proptech executives and Silicon Valley leaders may be stoked about the rapid rise of artificial intelligence. But how the general…
Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing so | Fortune
As professor Joseph Stiglitz sees it, AI is not just another technology wave—it’s a force that can erode jobs and…
S&P rings up 5th loss in 6 days as tech stocks drag index down, led by AMD’s 17.3% drop | Fortune
More drops for technology stocks weighed on Wall Street Wednesday. The S&P 500 fell 0.5% for its fifth modest loss…
Elon Musk makes the case for why his $2.2 trillion tech empire is the only way to save humanity as the only intelligent life in the universe | Fortune
Despite Elon Musk’s multiple proclamations that he is an alien—something he reiterated on the stage of the World Economic Forum…