An Alibaba sign is seen outside the company’s offices in Beijing. Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with COVID-19 restrictions and a sector crackdown. China’s economy has been battered by […]
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In good green economic news, electric battery maker SPARKZ and the United Mine Workers coal union have announced a labor-management memorandum of understanding for a planned factory in West Virginia that intends to put out-of-work coal miners back to work. More on new battery factories, jobs, recycling, electric vehicles, and […]
A model of one of Airbus’ ZEROe concept planes, photographed in November 2021. The firm has said it wants to develop “zero-emission commercial aircraft” by the year 2035. Giuseppe Cacace | Afp | Getty Images Airbus is launching a U.K.-based facility focused on hydrogen technologies, a move which represents the […]
Good morning, readers! Today we’re sinking our teeth into a leaked email from Amazon that tells of hiring cuts, and revealing one of the biggest problems with electric-car charging. Let’s jump in. If this was forwarded to you, sign up here. Download Insider’s app – click here for iOS and […]
A senior director at Apple who quit his job in protest at the company demanding staff return to the office three days a week has joined Google, according to a report – where work from home is allowed. Ian Goodfellow, Apple’s director of machine learning, is believed to be the […]
These days, mass shooters like the one now held in the Buffalo, New York, supermarket attack don’t stop with planning out their brutal attacks. They also create marketing plans while arranging to livestream their massacres on social platforms in hopes of fomenting more violence. Sites like Twitter, Facebook and now […]
The crypto job market shows few signs of slowing down despite high-profile cases of staff layoffs and hiring freezes across big tech companies. In recent weeks, several major tech companies have announced a paring back of staff, citing a downturn in the traditional market and narrowing demand for products that […]
PHILADELPHIA (AP) — When Chandler Jones realized she was pregnant during her junior year of college, she turned to a trusted source for information and advice. Her cellphone. “I couldn’t imagine before the internet, trying to navigate this,” said Jones, 26, who graduated Tuesday from the University of Baltimore School […]
China has shown signs of easing its crackdown on the technology sector which has wiped billions of dollars of value from its most prominent companies. But analysts said Beijing’s recent positive rhetoric should not be mistaken for a reversal of policy. “I think the big tech companies will have a […]
San Francisco Compassandcamera | Getty Images U.S. employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling […]