Technology Industry News
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Tech services trends in 2026 - TechNewsDaily - Technology News & Reviews
The tech industry undergoes major restructuring as companies prioritize artificial intelligence. In 2026, 92,913 tech workers lost their jobs due to AI adoption. This number follows 35,534 layoffs in 2025 and 10,030 in 2024. Meta laid off 10,400…
Big Tech promised to lead on climate. Now it's driving a fossil fuel boom.
Not too long ago, Amazon founder Jeff Bezos was pledging to use his company's size and scale to galvanize corporate America to confront global warming. If Amazon “can meet the Paris agreement 10 years early, then any company can,”…
Midterm Results Unlikely to Ease Tech's Polarized Political Rhetoric
This article is for subscribers only. Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world. Today, Austin Carr reports on the implications of Tuesday's US midterm election for the…
AI can make tech CEOs' lives easier. What about everyone else?
Dazzle AI CEO Marissa Mayer recently became the latest tech CEO to face criticism over seemingly out-of-touch comments extolling the usefulness of AI. In Mayer's case, that involved asking an AI tool for help with a school-assigned description of…
Hong Kong shares close higher on tech gains
Hong Kong stocks ended higher on Monday, mainly driven by tech gains. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng Index rose 98 points, or 0.42 percent, to 23,393 points, with a full-day turnover of HK$204.8 billion. The Hang Seng Tech…
Palantir AI tech unused or little used by 29 NHS trusts said to be benefiting from it
More than two dozen hospital trusts the NHS claims have benefited from Palantir's medical data platform are not using all or most of the AI-powered technology, the Guardian can reveal. The 29 hospital trusts that NHS England publicly lists as…
Jobs Data, More Tech Earnings: What to Watch This Week
After a bruising week for tech stocks, investors will get more dispatches from the front lines of the artificial intelligence boom with Apple and Palantir earnings, among others. Midterm election results start to pour in Tuesday, while jobs data…
Asian Stocks to Fall as Tech Rout Fuels AI Fears: Markets Wrap
Asian stocks were set for declines, tracking Friday's sharp Wall Street selloff as a rout in technology shares deepened concerns that a rally in artificial intelligence may have gone too far. Oil fell. Equity-index futures for Japan and South Korea…
'Virtual migration' drains experienced tech workers from SA
Lehlohonolo Mokenela, managing director of Africa Analysis and telecommunications analyst. (Image by Lesley Moyo) South African companies are facing an increasing challenge when it comes to finding technology talent. While local demand for…
One Great Chart: Tech Stocks' Terrible Month
The pain was a lot more acute depending on where you look. The Nadaq composite ended last month 5.3% lower, its worst performance since March 2025. Markets Coverage The latest news & analysis…
Asian shares mostly advance but tech stocks remain volatile, while oil sinks 3.3%
Asian shares were mostly higher Monday but technology stocks remained volatile, while oil prices fell more than 3%. U.S. futures edged higher after Wall Street fell Friday to its worst day since June as investors dumped technology- and artificial…
The S&P 500 may be headed for 'outsized gains' despite tech-stock rout, JPMorgan says
Amid a brutal week in the tech sector, the S&P 500 is flashing one sign better days are coming: improving market breadth. The tech sector is still getting pummeled by fears around AI, but JPMorgan Private Bank sees one bullish signal in the…
Nikkei Falls 0.9%, Dragged by Bank, Tech Stocks
0014 GMT — Japanese stocks are lower after a selloff in artificial intelligence-related U.S. technology shares on Friday. Bank and technology stocks are leading declines. Sumitomo Mitsui Financial Group is down 3.0%, SoftBank Group is 3.5%…
4 Major Tech Brands You Might Not Realize Are Owned By French Companies
When consumers think about countries where major tech brands are based, the U.S., China, Japan, and South Korea are usually first to ring a bell. France doesn't really come to mind as a major tech brand hub, but the country punches above its weight…
Wall Street Braces for More Wild Days in Stocks After Tech Rout
The stock market got a long-awaited jolt of volatility late last week after disappointing earnings from technology giants added to angst around the AI-driven rally. Now traders are bracing for further shocks this week from the US midterm elections…
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