Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

ceo martin luther king layoffs

Tech layoffs are becoming the new normal

Salaries have also stagnated, layoffs are second only to the dot-com bubble
The big picture: Job cuts in the tech industry last year were attributed to the need to economize, driven by inflation and a hiring spree during the pandemic. So, what's the explanation this year, especially when many of these firms have accumulated a significant amount of cash?
ventiva cooling startups futurology

Ventiva shows off tech to keep chips and devices cool

Our gadgets are getting hotter
In context: We've noticed a burning sensation in our pockets lately. Not the bite of inflation, but an actual heat source coming from our phones. Maybe it is 5G, maybe it is a design decision made by Apple, or by TSMC, whatever the reason, our smartphone runs hot.
nvidia ceo acquisition jensen huang mellanox

Jensen Huang: Even if competitors' AI products were free, Nvidia's chips would still be better value

Jensen "Humble" Huang
A hot potato: Nvidia has become the dominant force in the AI hardware industry, and CEO Jensen Huang knows it. The leather jacket-loving boss is so confident in the ability of his products, he says that even if the competitors' chips were free, they would still be a worse option than Nvidia's expensive alternatives.
baldur gate gdc bafta awards baldurs gate 3

Baldur's Gate 3 resumes awards show dominance with GDC and BAFTA nominations

Puzzle adventure 'Cocoon' is also a big surprise with five GDC nominations
GOTY: Larian's critically acclaimed RPG dominated the Golden Joystick Awards, The Game Awards, and the DICE Awards, securing numerous accolades across all three events, including Game of the Year. This winning streak is poised to continue at the BAFTA Games Awards and the GDC Awards this spring. Other strong contenders for both upcoming events include Spider-Man 2, Alan Wake 2, The Legend of Zelda: Tears of the Kingdom, and Cocoon.
apple epic games sweden europe epic games european union european commission epic v apple digital markets act

Apple flips Epic Games ban less than 24 hours after the EU opened an investigation

Like a kid caught in the act, Cupertino gives Epic its license back
Round 10: Watching Apple and Epic duke it out for the past four years causes one to wonder if they will ever get along. Their very public US court bout is long past, with neither feeling like the victor. As the European Commission bears down on Apple, the boxing match continues, with Cupertino throwing punches to defend its walled garden and Epic hiding behind the referee hoping for a low-blow penalty point.
ea layoffs developers industry with video

EA says generative AI will make gamers spend more, speed up development time

A hot potato: Electronic Arts is an organization that arguably only misses out on the title of "most-hated game company in the world" because Ubisoft exists. As it turns out, EA loves generative AI. CEO Andrew Wilson has been praising the technology, claiming it is set to make EA 30% more efficient while boosting monetization by 20% over the next five years. It also sounds like it will cost more game developers their jobs.
asml manufacturing

The Netherlands is scrambling to stop ASML from moving its lithography business outside the country

Why it matters: ASML is the largest manufacturer of photolithography machines, designed for etching intricate circuits onto silicon wafers to create advanced computer chips. It stands as the most highly valued European tech company, boasting a market capitalization of nearly $400 billion. Additionally, ASML represents one of the major business ventures in the Netherlands' economy.
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