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Microsoft Beats Estimates with AI-Powered Cloud Revenue | Q4 Results 2023

Microsoft surpasses Wall Street expectations in Q4, driven by AI technology boosting cloud revenue.

China’s Internet Industry Surges with 43% Profit Growth, Alibaba and Tencent Lead the Rebound

China's internet industry defies expectations with a 43% surge in profitability, as major tech giants Alibaba and Tencent rebound with…

“China Chip Design Industry Sets Sights on Automotive Electronics for Rapid Growth”

Chip design software companies are targeting China's booming auto industry, with Empyrean Technology aiming to develop EDA solutions for automotive…

TSMC braces itself for Q2 as its customers struggle to make sales

Analysts predict a slightly stringent Q2 for the chipmaker giant amid the sales trajectory of its clients

Meta will officially fire another set of 10,000 employees starting as early as this week

The company's current financial status has required it to operate leaner while also abandoning low-priorities projects in hopes of saving…

By Simbi

Meta reportedly planning a new round of job cut that could affect thousands more

The social media giant is said to be planning to flatten its organization in a bid to be more efficient

By Simbi

Despite its optimism for a better Q1, Foxconn experienced a sales decline in February

The effects of the Zhengzhou factory are now being felt even though operations are said to be back to normal

Twitter made more job cuts in its global content moderation team

The company recently cut some 3,700 jobs after it was acquired by Tesla CEO, Elon Musk back in November

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