Technology Industry News

A collection of Technology latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

washingtonpost.com - Heather Long - Opinion | What the mass tech layoffs mean for the U.S. economy
Opinion | What the mass tech layoffs mean for the U.S. economy
Washington Post

Hardly a day goes by that there aren't announcements of mass layoffs at marquee tech firms: 8,000 at Salesforce, 10,000 at Microsoft, 12,000 at Google, the largest in company history, and 18,000 at Amazon. IBM and music streaming service Spotify…

wired.com - Chris Stokel-Walker - Big Tech Is Really Bad at Firing People
Big Tech Is Really Bad at Firing People
WIRED

For one Google worker it was when the light on the card reader outside their New York office flashed red, rather than green. For a staffer at Twitter, it was when their password was changed remotely, and an unusual gray screen showed their company…

forbes.com - Committee of 200 - Tech Solutions Can Help Employees Struggling With Caregiving Burdens
Tech Solutions Can Help Employees Struggling With Caregiving Burdens
Forbes

C200 member Joanna Drake co-founded Magnify Ventures to partner with entrepreneurs who are boldly transforming how modern families and communities live, work and care for one another. She has advised and invested in other founders solving important…

bloomberg.com - Xinyi Luo - A Union Square Advisors Banker Previews Tech M&A Trends to Watch
A Union Square Advisors Banker Previews Tech M&A Trends to Watch
Bloomberg

Hi, it's Xinyi Luo in New York, recapping my recent talk with a partner at Union Square Advisors on its 2023 tech M&A market outlook. Elsewhere, Salesforce appoints new directors, which don't include most of the activists circling plus there's a…

techcrunch.com - Connie Loizos - Fifth Wall, focused on real estate tech and managing $3.2B, looks to eat up even more of its market
Fifth Wall, focused on real estate tech and managing $3.2B, looks to eat up even more of its market
TechCrunch

Brendan Wallace's ambition is beginning to seem almost limitless. The venture firm that Wallace and cofounder Brad Greiwe launched less than seven years ago already has $3.2 billion in assets under management. But that firm, Fifth Wall, which…

ft.com - Tom Braithwaite - Big Tech got the pandemic wrong but one company emerged on top
Big Tech got the pandemic wrong but one company emerged on top
Financial Times

Apple is the only one of the bunch to avoid mass job cuts so far We'll send you a myFT Daily Digest email rounding up the latest Big tech news every morning. The advent of human-sounding robots really exposes robot-sounding humans. No machine could…

bloomberg.com - Mark Bergen - Europe Needs a Climate Tech Plan to Compete With the US, an Early Tesla Investor Says
Europe Needs a Climate Tech Plan to Compete With the US, an Early Tesla Investor Says
Bloomberg

Like many clean tech investors, Ion Yadigaroglu is incredibly pleased with the US climate bill passed last year. He's also convinced that Europe, unless it marshals a similar response, is doomed. Yadigaroglu, a partner and co-founder at Capricorn…

reuters.com - Steven Scheer - Israeli justice reforms spark tech investor flight fears
Israeli justice reforms spark tech investor flight fears
Reuters

Israeli government plans judicial system overhaul Proposals sparked protests in Tel Aviv, other cities Some in Israel's high-tech sector express concerns PM Nethanyahu says IP rights, investments safe JERUSALEM, Jan 27 (Reuters) - Barak Eilam, a…

coindesk.com - Michael J. Casey - Tech's Money Woes: Beginning of the End for Web2?
Tech's Money Woes: Beginning of the End for Web2?
CoinDesk

After two decades of dominating and reshaping our lives, “Big Tech” is finally looking weakened. According to Crunchbase, more than 46,000 staffers at U.S.-based tech companies lost their jobs in the first three weeks of 2023 alone…

foreignpolicy.com - Rishi Iyengar - Modi Is Muzzling Big Tech
Modi Is Muzzling Big Tech
Foreign Policy

This week, India made global headlines by banning a BBC documentary on its prime minister, Narendra Modi, which focused on his role in religious riots in the state of Gujarat in 2002 when he was the state's chief minister. The broadcast ban…

bloomberg.com - Ellen Milligan - UK Sees No Need For Subsidies in US, EU Green Technology Battle
UK Sees No Need For Subsidies in US, EU Green Technology Battle
Bloomberg

The UK sees no need for immediate subsidies to counter US and EU proposals to boost green industries, two cabinet ministers said. President Joe Biden's administration has assured Britain it will “take the rough edges off” its $369…

entrepreneur.com - Zack Rosen - The Tech Landscape Has Changed and It's Time Tech Leadership Change With It.
The Tech Landscape Has Changed and It's Time Tech Leadership Change With It.
Entrepreneur

What started with euphoria over high valuations and seemingly endless growth expectations ended with market-cap compaction and layoffs as a new reality sank in for the tech sector last year. Thanks to inflation and rising interest rates, the…

ft.com - Richard Waters - A legal victory over Google could yet dent Big Tech's armour
A legal victory over Google could yet dent Big Tech's armour
Financial Times

The US trustbusters and politicians only have themselves to blame for such a belated swing at a changing industry It is easy to view the US government's latest legal challenge to the power of Big Tech as a case of too little, too late. Years of…

washingtonpost.com - The Tech Friend: undefined
The Tech Friend: undefined
Washington Post

I was at home on a recent lazy Sunday when panic set in. Someone was trying to use my credit card details to place a $1,300 order from Apple's website. It was flagged as potential fraud, my credit card company texted me right away, and the…

federalnewsnetwork.com - Federal News Network Staff - Turning Around Tech Layoffs: Opportunities for Public Service
Turning Around Tech Layoffs: Opportunities for Public Service
Federal News Network

In 2022, the technology industry laid off over 150,000 employees. Thus far in 2023, an additional almost 70,000 employees across 210 tech companies have lost their jobs. As the private sector tech industry undergoes a major transition, government…

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