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Apple abandons electric car plans - China Tech News
Tech

Apple abandons electric car plans

Several US automakers have hit the brakes on EVs in recent months as demand has slowed. Self driving carmakers Cruise and Waymo which is owned by Google parent Alphabet have also...
Chinese companies excel in this year's Fortune Global 500 - China Economy News
Economy

Chinese companies excel in this year's Fortune Global 500

Three technology companies namely Apple Microsoft and Alphabet are on the top five most profitable list and the most profitable Chinese companies are Industrial Commercial Bank...
Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit - World News
World

Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit

US District Judge Jed Rakoff said earlier this month the territory may serve legal papers on Larry Page although his ruling did not specify the information sought from the co founder of Google which is owned by Alphabet...
Alibaba unveils an AI model similar to GPT - China Tech News
Tech

Alibaba unveils an AI model similar to GPT

Others include Alphabet Incs Google and Baidu Inc have since promoted their AI models and released similar chatbots.
Microsoft unveils AI office copilot in fast-moving race with Google - China Tech News
Tech

Microsoft unveils AI office copilot in fast-moving race with Google

At the center are Microsoft and Google owner Alphabet Inc which on Tuesday touted AI features for Gmail and a magic wand to draft prose in its own word processor.
IBM to cut 3,900 jobs as it reorganizes business - China Company News
Company

IBM to cut 3,900 jobs as it reorganizes business

Amazon Meta Microsoft and Googles parent company Alphabet have all recently laid out plans to reduce workforces after hiring heavily during the pandemic to meet increased demand...
Spotify to cut 6% of its global workforce - China Company News
Company

Spotify to cut 6% of its global workforce

Last week Microsoft announced that it was laying off 10 000 people and Googles parent company Alphabet said it would cut 12 000 jobs.
Google announces nearly 12,000 job cuts worldwide - China Company News
Company

Google announces nearly 12,000 job cuts worldwide

Google's parent company Alphabet announced about 12,000 job cuts globally on Friday, becoming the latest US tech giant to enact large-scale restructuring.
Meta posts first-ever revenue drop as inflation throttles ad sales - China Company News
Company

Meta posts first-ever revenue drop as inflation throttles ad sales

Alphabet Inc, the world's largest digital ad platform, reported a rise in quarterly revenue, with sales from its biggest moneymaker – Google search – topping investor expectations.
Twitter vows legal fight after Musk pulls out of US$44b deal - China Tech News
Tech

Twitter vows legal fight after Musk pulls out of US$44b deal

Shares of online advertising rivals Alphabet Meta Platforms Snap and Pinterest have seen their stocks tumble 45 percent on average in 2022 while Twitters stock has declined just...
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