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Keywords: Tech industry


Chinese manufacturer Boway to establish $150 million production base in Morocco

Chinese alloy manufacturer Boway has unveiled plans to construct a state-of-the-art production facility in Nador, Morocco, marking a major step in the company’s global expansion strategy. Headquartered in Zhejiang, China, Boway specializes in producing alloy materials such as copper, brass, bronze,......

Amazon CEO links 14,000 layoffs to cultural overhaul, not AI or finances

Amazon has announced the elimination of 14,000 corporate roles, a decision CEO Andy Jassy attributes to cultural restructuring rather than financial pressures or artificial intelligence (AI). Speaking during the company’s earnings call on October 30, Jassy emphasized that the move was not driven......

Huawei aims to challenge Nvidia’s dominance in AI chips with focus on inference technology

In the rapidly evolving landscape of generative artificial intelligence (AI), China’s tech giant Huawei is making strategic moves to position itself as a key player in the semiconductor industry. With U.S. restrictions limiting access to advanced AI chips, Huawei has crafted an ambitious plan to......

Trump and Elon Musk: A Shared Stance on H-1B Visas

The debate surrounding H-1B visas, which allow U.S. companies to employ foreign skilled workers, has found a surprising convergence between President-elect Donald Trump and billionaire tech CEO Elon Musk. Both have expressed strong support for the program, despite opposition from certain political factions. On......

Google Faces Record-Breaking €149 Billion Fine for Dominant Market Position

In a landmark decision that has sent shockwaves through the tech industry, Google is facing an unprecedented fine of €149 billion for allegedly abusing its dominant position in the market. The European Commission has taken a firm stance against the tech giant, accusing it of unfair practices that......

Google's Search Dominance Deemed Illegal: US Judge's Landmark Ruling Challenges Tech Landscape

In a groundbreaking decision that could reshape the technology industry, a US judge has ruled that Google's monopoly on online search is illegal. The verdict, delivered on Monday, marks a significant setback for Alphabet, Google's parent company, and underscores the growing scrutiny of big tech......

Intel to Slash Workforce by 15,000 in Strategic Overhaul

In a dramatic pivot, Intel has announced a significant reduction in its workforce, shedding 15,000 jobs, amounting to over 15% of its current employees. In a memo dispatched to employees on Thursday, the tech giant disclosed this substantial workforce cut as part of a broader strategy to reduce expenditures......

Silicon Valley's Shifting Allegiance: Kamala Harris Reignites Tech Sector Support

In a dramatic turn of events, Vice President Kamala Harris’s campaign is witnessing a resurgence of support from Silicon Valley, a sector that had previously shown signs of drifting towards Donald Trump. This renewed interest comes as the Democratic campaign seeks to re-engage donors who had initially......

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