Tag: Apple Inc

Apple lays off over 600 California employees after shuttering car project

ichitra.digital

Apple lays off of 614 workers in California, marking the company’s first significant job cuts since the pandemic. The affected employees, working across various Santa Clara facilities, include machine shop managers and engineers. The move comes amid Apple’s recent cancellation of a self-driving car project, reflecting shifts in the tech giant’s strategic focus. of 614 workers in California, marking the company’s first significant job cuts since the pandemic. The affected employees, working across various Santa Clara facilities, include machine shop managers and engineers. The move comes amid Apple’s recent cancellation…

Generative AI 'FOMO' is driving tech heavyweights to invest billions of dollars in startups

ichitra.digital

[ad_1] Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Tech giants aren’t doing much acquiring these days, due mostly to an unfavorable regulatory environment. But they’re finding other ways to spend billions of dollars on the next big thing. Amazon’s $2.75 billion investment in artificial intelligence startup Anthropic, announced this week, was its largest venture deal and the latest example of the AI gold rush that’s prompting…

Apple’s Antitrust Battle: 5 Years of Disruptions Ahead

ichitra.digital

[ad_1] Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Also Read :KKR vs SRH, IPL 2024: March Madness Spotlights a Sport Relegated to Pittsburgh’s Shadows: Basketball The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multiyear process involving hundreds of lawyers and threatening Apple’s “walled garden” business model. If the DOJ wins, it could seek a range of changes to Apple’s business, and U.S. officials didn’t rule out…