Google’s Treasured AI Unit Gets Swept Up in 12,000 Job Cuts
Alphabet Inc. is reorganizing its treasured artificial intelligence unit as part of the company’s sweeping job cuts announced on Friday, according to an internal memo.
Bloomberg Tech
Ambani’s Reliance Beats Profit Estimate, Plans $2.5 Billion Fund Raising
Reliance Industries Ltd., helmed by billionaire Mukesh Ambani, posted a larger-than-expected quarterly profit as growth in its consumer units offset the weakness in its traditional petrochemicals business.
Hoosier City Takes on Debt in Bet on Kids Sports
Mishawaka, Indiana, is serious about high-school athletics, no surprise in a state whose nickname inspired the movie Hoosiers, an archetype of small-town sports heroics.
Sunak Urged to Cut UK Use of Taiwan Chips Due to China Risk
Prime Minister Rishi Sunak’s government should take steps to cut UK reliance on semiconductors from Taiwan because of the threat posed by China, a draft strategy said.
Apple Fights UK’s Antitrust Probe Into Mobile ‘Stranglehold’
Apple Inc. has issued a legal challenge to the UK antitrust watchdog’s investigation into its ability to rule over the mobile ecosystem alongside Google’s Android, arguing that the probe is invalid.
European Gas Rebounds With Demand in Focus After Recent Slump
European natural gas prices rebounded as traders weighed the risk of demand picking up in some industries following a recent slump.
Google Cuts Add to Tech Wipeout That’s Claimed Over 100,000 Jobs
Here’s a running list of the technology companies planning layoffs
Laid-Off Tech Workers Are About to Get Help From Allstate
Allstate Corp. plans to tap the pool of recently fired tech workers to help the insurer overhaul its business.
Laid Off Tech Workers Are About to Get Help From Allstate
Allstate Corp. plans to tap the pool of recently fired tech workers to help the insurer overhaul its business.
Pound Falls as Retail Slump Highlights Weak Consumer: City Latest
Your guide to everything moving the pound and UK markets, from economic data, politics, breaking news and analysis.