More Business Comms News
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
Cloudflare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul
More than 500 people will be affected by the closures. “We must refocus on our core business,” Porsche CEO and executive chair Michael Leiters said in a stateme
Mother Ventures is looking at moms as the ‘economic engine’
The VC firm, which focuses on mothers as consumers, raised a $10 million debut fund.
Uber partner Avride is under investigation for self-driving crashes
The National Highway Traffic Safety Administration has opened an investigation into Avride after identifying more than a dozen crashes and one minor injury.
Poland says hackers breached water treatment plants, and the US is facing the same threat
A report by Poland’s top intelligence agency accused Russia of sabotage and hacking activities against the country’s military and civilian infrastructure.
Laid-off Oracle workers tried to negotiate better severance. Oracle said no.
Some found out they didn't qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.
San Francisco’s housing market has lost its mind
The invisible force behind all of this is no mystery to anyone paying attention to the city's tech economy. San Francisco is home to some of the most valuable p
Prime Video follows Netflix and Disney by adding a TikTok-like ‘Clips’ feed in its app
The Clips feed aims to enable discovery by offering users a scrollable feed with short snippets of shows and movies.
Intel’s comeback story is even wilder than it seems
Intel's stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company's actual turnaround.
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