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Uber lays off 3,300 employees in largest cuts since the pandemic

Al Jazeera

Uber Technologies has laid off 3,300 employees, or 10 percent of its workforce, marking the largest cuts to the ride-hailing company's headcount since the onset of the COVID-19 pandemic. In a memo to employees on Wednesday, CEO Dara Khosrowshahi said that the cuts were part of wider efforts reducing layers of management and "simplifying team structures" as the company looks to "build the autonomous future" as well as "invest even more in drivers, couriers and merchants". "A leaner organisation will mean clearer ownership, faster decisions, and more time spent building rather than coordinating," Khosrowshahi said. Khosrowshahi also told employees that the company is pushing for most of its workers to return to the office, declaring, "going forward, only ~1% of employees will be remote". The latest round of cuts comes just weeks after the ride-sharing giant eliminated 10 percent of its customer service roles as it embraced artificial intelligence (AI), according to Bloomberg, which first reported the July cuts.


West Virginia looks to AI data center boom to help eliminate state income tax

FOX News

West Virginia Gov. Patrick Morrisey unveils a plan to use hyperscale data center revenue to eliminate the state income tax while funding schools, infrastructure, and water upgrades.


The Bond Market's Supply and Demand Problem

TIME - Tech

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The best Spotify alternatives to ease your conscience

Engadget

It's no secret that Spotify is the dominant player in the music streaming market, with 293 million paid subscribers and 761 million monthly active users across both paid and free tiers. Along with massive market dominance has come a fair bit of controversy in recent years. As the biggest music-streaming platform, Spotify is usually the first mentioned in the discussion about whether artists are fairly compensated for their work. The math around that question is obvious -- buying a digital album outright typically costs between 10 and 15 depending on where you buy it, while a Spotify Premium subscription costs 13 a month in the US. Fair pay is far from the only drama surrounding Spotify, though.


Taiwan's Foxconn reports 35 percent rise in profit on AI demand

Al Jazeera

Taiwan's tech titan Foxconn has reported a forecast-busting second-quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powers the company's growth. The world's largest contract electronics maker said on Wednesday that net income rose 35 percent to $59.97 billion New Taiwan dollars ($1.86bn) in the April-June period. "AI infrastructure is driving growth," Foxconn said in its earnings announcement. In an earnings release, Foxconn, Nvidia's biggest server maker and Apple's top iPhone assembler, stuck to its previous forecast of "strong" growth for revenue this year. Governments and tech giants are pouring huge sums into building data centres that can train and run AI tools such as chatbots, image generators and agents that can execute tasks.


'Long-range sanctions': Ukraine hopes strikes cause Russia fear and losses

Al Jazeera

Is the war entering a new phase? 'Long-range sanctions': Ukraine hopes strikes cause Russia fear and losses Then come indistinguishable shouts of male voices, followed by a crescendo - a loud sound like scissors tearing through wrapping paper. "Like an orchestra, every part has to work together in order for us to achieve effective strikes," says Colonel Ray, commander of the Kairos Battalion of the Magyars Birds Brigade. The drone, roughly the length of a compact SUV with a wingspan of nearly 6 metres (19.7 feet), climbs into the night. Where exactly it is headed is known only to him.


X retires revenue sharing for new Original Content Rewards program

Mashable

Look Up Say More Versus Creator Hub Switch Off Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Trending Now Safety Net In My Bag VidCon with Mashable Back to School Furtastic All Series X retires revenue sharing for new'Original Content Rewards' program Chance Townsend is the General Assignments Editor at Mashable, covering tech, video games, dating apps, digital culture, and whatever else comes his way. He has a Master's in Journalism from the University of North Texas and is a proud orange cat father. His writing has also appeared in PC Mag and . X is overhauling how it pays creators, phasing out its long-running Revenue Sharing program in favor of a new system called the Original Content Rewards Program. The platform's Creators account announced the change in a post, saying the program is meant to reward creators who bring original ideas, expertise, reporting, creativity, and commentary to X.


America's Best Companies of 2026

TIME - Tech

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Canada's Best Companies of 2026

TIME - Tech

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