AMERICAN TECH firms are in lay-off mode. Oracle, a cloud-computing wannabe, has just sacked thousands. Block, a digital-payments darling, is slashing more than 4,000 roles—nearly half its workforce.
Tech stocks are suffering their worst stretch of performance against the broader market in half a century. As stock-market gains increasingly bolster countries, sectors and factors beyond tech, the ...
The 1X Neo can do the dishes, clean the kitchen, even fold laundry. WSJ’s Joanna Stern spent time with the humanoid—and its creator—to see what it can really do and how much still requires a human ...
Tech giants like Apple, Google, and Microsoft are among those on a target list released by Iran’s Islamic Revolutionary Guard Corps. Iran’s Islamic Revolutionary Guard Corps warned Tuesday that it ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Oracle is reportedly laying off thousands of employees, adding to an already long ...
The frothy valuations that were daunting just a few months ago have already been dialed back quite a bit. Even so, most of the tech sector's stocks are in a holding pattern somewhere between being ...
SXSW isn’t just about movies or music. The annual Austin festival has also become a hub for inventors and entrepreneurs who use technology in exciting new ways. So while my colleagues in the ...
Iran has listed a number of major U.S. tech companies as potential targets as it expands its attacks across the Middle East in retaliation for the ongoing U.S. and Israeli attacks on its military and ...
Tech companies have announced more than 45,000 layoffs since the start of 2026, as firms across the industry restructure operations and shift resources toward AI and automation investments. A recent ...
Tech industries are losing their strength. One economist said tech job losses outpaced the past two recessions. Still, there is weakness in other areas of the job market. It's a tech bloodbath in the ...
Tech giants have backed a pledge from President Donald Trump to pay more for electricity to run resource-hungry AI data centers ahead of its signing on Wednesday. Google, Microsoft, Meta, Oracle, xAI, ...
Amid the investor rotation out of the sectors that had led the bull market, valuations have flipped. Those that had once been expensive now look cheap, and vice versa. The industrials sector has the ...