Inkhabar webdesk

Hit by AI, edtech firm Chegg slashes jobs and names new CEO in major overhaul

(Reuters) -Educational technology company Chegg said on Monday it would cut 388 roles globally, or about 45% of the workforce,…

8 months ago

Foxconn to invest up to $1.37 billion in AI compute cluster, supercomputing centre

By Wen-Yee Lee TAIPEI (Reuters) -Taiwan’s Foxconn said its board of directors has approved an investment plan to procure equipment…

8 months ago

Exclusive-Amazon targets as many as 30,000 corporate job cuts, sources say

By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday,…

8 months ago

F5 warns breach that alarmed governments will weigh on sales, shares slide

(Reuters) -Cybersecurity firm F5 forecast annual revenue below Wall Street estimates on Monday, warning that a recent systems breach that…

8 months ago

Exclusive-Amazon targets as many as 30,000 corporate job cuts, sources say

By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday,…

8 months ago

Foxconn to invest up to $1.37 billion in AI compute cluster, supercomputing centre

By Wen-Yee Lee TAIPEI (Reuters) -Taiwan’s Foxconn said its board of directors has approved an investment plan to procure equipment…

8 months ago

Foxconn to invest up to $1.37 billion in AI compute cluster, supercomputing centre

By Wen-Yee Lee TAIPEI (Reuters) -Taiwan’s Foxconn said its board of directors has approved an investment plan to procure equipment…

8 months ago

Qualcomm announces new AI chips in data center push, shares surge

By Harshita Mary Varghese (Reuters) -Qualcomm on Monday unveiled two artificial intelligence chips for data centers that will be available…

8 months ago

WiseTech Global faces Australian police inquiry for alleged trading

(Reuters) -Australia's corporate regulator and the federal police have visited WiseTech Global's office, executing a search warrant for documents related…

8 months ago

GlobalFoundries finance chief John Hollister departs, Sam Franklin named interim CFO

(Reuters) -GlobalFoundries' John Hollister has stepped down from the CFO position and will be succeeded by Sam Franklin on an…

8 months ago