Global Tech Spending
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Google Cuts About 200 Staff in Global Business Unit: Report
Google has cut about 200 jobs across its global business unit. Big Tech players have been redirecting spending towards data centers and AI development, while scaling back investments in other areas.
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"He's A Hero": Nvidia CEO Gets Rock Star Welcome At AI Summit In India
Nvidia's leather-jacket-clad CEO Jensen Huang got a rock star welcome at the company's AI summit in India on Thursday, with passes sold out and tech enthusiasts spending thousands of rupees to travel to the event.
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Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
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Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
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Pinterest Posts Slowest Quarterly Growth in Nearly 2 Years, as Inflation Curbs Advertiser Spending
Pinterest on Thursday reported that its quarterly revenue grew 8 percent, its slowest quarterly growth in nearly two years. As ad spending dries up due to decades-high inflation, big tech firms like Alphabet, Meta, and Snap have started to compete for advertising business. Meanwhile, Pinterest's global monthly active users (MAUs) remained flat at 4...
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Google, Amazon, Microsoft Deemed Too Big to Fail by Bank Regulators; Causes Worry
Over a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they're not banks. This time it's the tech giants including Google, Amazon, and Microsoft that host a growing mass of bank, insurance and market operations on their vast cloud internet platf...
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Justin Trudeau Pitches Canadian Globalism to California Tech Firms
Justin Trudeau on Thursday pitched Canadian globalism and the country's new fast-track visa as reasons why Silicon Valley companies should consider Canada as a place to do business and spend money.
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Why Infosys, TCS, HCL Tech, Tech Mahindra Shares Have Rallied To 1-Year Highs
The momentum in IT stocks come in the wake of weakness in the rupee as well as bets by investors that global IT spending will pick up this year, benefitting the Indian outsourcers.
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Global tech spending to drop to $1.06 trillion in 2014: CEA
The lower average selling price of smartphones and tablets is attributed.
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Gartner lowers 2012 tech spending growth forecast
Research firm Gartner Inc. has lowered its global technology spending growth forecast because of the sluggish economy and the euro crisis
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Gartner lowers 2012 tech spending growth forecast
Research firm Gartner Inc. has lowered its global technology spending growth forecast because of the sluggish economy and the euro crisis
-
Google Cuts About 200 Staff in Global Business Unit: Report
Google has cut about 200 jobs across its global business unit. Big Tech players have been redirecting spending towards data centers and AI development, while scaling back investments in other areas.
-
"He's A Hero": Nvidia CEO Gets Rock Star Welcome At AI Summit In India
Nvidia's leather-jacket-clad CEO Jensen Huang got a rock star welcome at the company's AI summit in India on Thursday, with passes sold out and tech enthusiasts spending thousands of rupees to travel to the event.
-
Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
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Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
-
Pinterest Posts Slowest Quarterly Growth in Nearly 2 Years, as Inflation Curbs Advertiser Spending
Pinterest on Thursday reported that its quarterly revenue grew 8 percent, its slowest quarterly growth in nearly two years. As ad spending dries up due to decades-high inflation, big tech firms like Alphabet, Meta, and Snap have started to compete for advertising business. Meanwhile, Pinterest's global monthly active users (MAUs) remained flat at 4...
-
Google, Amazon, Microsoft Deemed Too Big to Fail by Bank Regulators; Causes Worry
Over a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they're not banks. This time it's the tech giants including Google, Amazon, and Microsoft that host a growing mass of bank, insurance and market operations on their vast cloud internet platf...
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Justin Trudeau Pitches Canadian Globalism to California Tech Firms
Justin Trudeau on Thursday pitched Canadian globalism and the country's new fast-track visa as reasons why Silicon Valley companies should consider Canada as a place to do business and spend money.
-
Why Infosys, TCS, HCL Tech, Tech Mahindra Shares Have Rallied To 1-Year Highs
The momentum in IT stocks come in the wake of weakness in the rupee as well as bets by investors that global IT spending will pick up this year, benefitting the Indian outsourcers.
-
Global tech spending to drop to $1.06 trillion in 2014: CEA
The lower average selling price of smartphones and tablets is attributed.
-
Gartner lowers 2012 tech spending growth forecast
Research firm Gartner Inc. has lowered its global technology spending growth forecast because of the sluggish economy and the euro crisis
-
Gartner lowers 2012 tech spending growth forecast
Research firm Gartner Inc. has lowered its global technology spending growth forecast because of the sluggish economy and the euro crisis
