Articles by tag: tech
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Clean Energy Sets $1.1 Trillion Record That’s Bound to Be Broken
(Bloomberg) — Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and […]
American Airlines Sees Profit Above Estimates on Steady Demand
(Bloomberg) — American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery going into 2023. Full-year adjusted earnings will be $2.50 to $3.50 a share, the Fort Worth, Texas-based carrier said in a statement Thursday that also detailed fourth-quarter results. […]
Chipotle Seeks to Hire 15,000 Workers Amid Tech Layoffs
(Bloomberg) — Chipotle Mexican Grill Inc. is adding 15,000 jobs across its North American locations — a sign that demand for restaurant food is robust despite high inflation and economic uncertainty. The burrito chain’s hiring push is meant to ensure its more than 3,000 US restaurants are fully staffed for the company’s busiest season, which […]
Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues
(Bloomberg) — Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed. In an internal meeting, Sundar Pichai, who is CEO of Google parent Alphabet Inc., said he had consulted with the company’s founders and board in making the decision for […]
Microsoft to Cut Engineering Jobs This Week as Layoffs Continue
(Bloomberg) — Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that are scaling back as the industry prepares for a prolonged slump in demand. The magnitude of the cuts couldn’t be learned, but the person, […]
Data Privacy Lawsuits Sweeping the Healthcare and Tech Sectors and What They Mean for the Industry
Data privacy lawsuits have rapidly increased in the healthcare and technology sectors in recent years, in part due to the increasing demand for access to sensitive medical data as well as the emergence of innovative products and services that rely on personal information. Since these attacks have occurred, companies have been forced to rethink […]
What We Can Learn From the Major Tech Layoffs Across the Corporate Spectrum
In recent news, Amazon has reportedly made plans to let go of 10,000 corporate and tech employees, about 3% of white-collar staff. According to Financial Post, in addition to laying off workers from the company’s devices unit, which houses voice-assistant Alexa, the number of layoffs remains uncertain. With news of these major tech layoffs […]
Why an Elon Musk Twitter Might Work in the Long Run
Despite the challenges, Elon Musk’s Twitter model might succeed in the long run, according to Dan Newman, Principal Analyst & Founding Partner, of Futurum Research. Dan’s Thoughts: Elon Musk faces a number of tough decisions over the coming weeks and months, but as one of the most prolific entrepreneurs of all time, it’s hard […]
Is Cryptocurrency and Its Tech Infrastructure Ready for a Revolution?
On There’s More to IT, host Jason Claybrook and guests will explore some foundational questions about the technology that’s driving us all forward. Why do we build the stuff we build? What’s behind the scenes? Where are we falling short or putting revenue first? The days of post-trade show drinks and conversation are far from over. […]
What Lies Ahead in B2B Social Media Marketing?
Much has changed in the B2B tech landscape, with companies rapidly evolving and scaling to deal with heightened demand for remote connectivity, stronger networks, more robust tools, and more. Now, though, with an end to the pandemic on the horizon but no sign of slowed growth, how will B2B tech companies keep up the pace […]
Biden Flashes Warning to Big Tech as Antitrust Team Takes Shape
(Bloomberg) – President Joe Biden’s plan to put two progressive antitrust scholars in top positions signals an aggressive approach to combating corporate consolidation and monopoly power, especially that wielded by technology giants such as Alphabet Inc.’s Google and Facebook Inc. Biden’s team is vetting Lina Khan, a Columbia Law School professor who specializes in antitrust law, […]
Maximizing the Impact of Super Bowl Commercials
The fans remember the highlights but the franchises remember the technology, data, and inventions that powered their season. Host Tyler Kern sits down with the innovators, leaders and founders that are taking sports into the future. The Super Bowl is the biggest day of the year for the advertising world, but how do the brands measure […]