IBM is cutting a low single-digit percentage of its 270,000-person workforce as part of its ongoing shift toward AI and cloud computing. The company recently reported strong quarterly results with AI-related bookings hitting $9.5 billion.
PlayStation Portal owners finally have the cloud streaming capability they’ve been waiting for. The update allows PS Plus Premium members to access 2,845 games directly from the cloud without requiring a PS5 console. New features include 3D audio support, an in-game store, and updated accessibility
Markets slid Tuesday with the Nasdaq dropping 2% as valuations reach concerning levels. The CAPE ratio now matches 1999 peaks while tech giants announce major layoffs. All eyes turn to Supreme Court tariff arguments today.
A ransomware attack has virtually erased Marks & Spencer’s profits, causing a 99% plunge to just £3.4m. The retailer faced months of online disruption and expects total costs to hit £300m.
AMD is scrambling to fix a serious vulnerability in its Zen 5 processors that affects random number generation used for cryptographic keys. The bug allows attackers with local access to potentially decrypt data or access credentials. While workarounds exist, full microcode patches won’t arrive until
Sony has officially launched cloud streaming for PS5 games on the PlayStation Portal remote player. The service requires PlayStation Plus Premium and goes live today at 6PM PT with thousands of supported titles.
An Amazon engineer who was laid off in 2023 reveals the hard-won lessons that helped her bounce back. She emphasizes not internalizing shame and the importance of community support during job transitions.
The Nintendo Switch is about to become Nintendo’s best-selling console ever, needing just 10,000 more sales to surpass the Nintendo DS’s 154.02 million units. More impressively, it’s on track to dethrone the PlayStation 2 as the best-selling console of all time, needing to reach “more than 160 milli
The pandemic exposed critical vulnerabilities in America’s supply chains. Now companies like GM are moving beyond headlines to build real domestic capacity for everything from rare earth magnets to semiconductors.
The investor famous for “The Big Short” is betting big against AI stocks. His $1.1 billion position comes as markets show extreme vulnerability to tech stock declines. Palantir’s CEO called the move “batshit crazy” despite his company’s strong revenue growth.
