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News

Why widespread tech layoff keep happening despite a strong U.S. economy

The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The artificial intelligence boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year to date. The U.S. economy is also doing surprisingly well, adding 353,000 jobs in January, well ahead of economists’ forecasts. Hotter-than-expected inflation data may also keep the Fed from cutting rates as […]

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The new realism in venture capital is healthy

The stampede of new Silicon Valley unicorns emerging into the world has thinned into a straggling herd. Venture capital firm Cowboy Ventures recently reported that of 532 US start-ups with billion-dollar-plus valuations in 2023, 60 per cent were what it dubbed “Zirpicorns” — companies last priced between January 2020 and March 2022 when zero-interest rate […]

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As we travel into new AI world in 2024, it’s the same old internet privacy tradeoff for consumers

All the dominant technology companies are integrating generative AI into their online services, from Google to Meta, Microsoft and Apple. Google’s recent integrations of Bard, its chat-based AI tool, with a host of Google apps and services is one example of moving generative AI more directly into consumer life via text, image, and voice interactions. Bundled with everything from Gmail, Docs, […]

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