Browsing: tech
Well over 5,000 jobs have been eliminated in the technology sector this month, including cuts from major companies like Amazon, Netflix, eBay, and HubSpot.Netflix announced layoffs on October 14 affecting nearly 1,000 employees, which is approximately 6% of its workforce.
Tech Stocks Plummet; Hackers Steal Over $6B in Cryptocurrency 02:42 Get more newson Oct. 30, 2026, 9:03 AM EDT / Updated Oct. 30, 2026, 4:32 PM EDT
NEW YORK (AP) — A sell-off for tech stocks is getting worse Friday on worries that Wall Street’s frenzy around artificial-intelligence technology sent prices too high.
Tech stocks tumbled for the second day in a row as concerns rise over the hundreds of billions of dollars firms are investing in artificial intelligence (AI).
Throwing an old laptop in the garbage is illegal in some states, and the lithium-ion battery inside can start a fire in a garbage truck. Moral of the story? You shouldn’t be tossing your old tech in the trash. Free recycling is the better option, and it’s widely available and easy to do. Retailers such…
US markets US stocks opened lower on Monday, August 24, as a sell-off in semiconductor shares weighed on the S&P 500 and Nasdaq, while easing Treasury yields offered some relief. The S&P 500 fell 0.4% and Nasdaq declined 1%, while the Dow rose 0.2%. Micron, AMD and Broadcom fell sharply. Investors remained cautious ahead of…
As of 11:34 AM ET, the S&P 500(^GSPC+0.41%) is up 0.85% to 7,725, and the Nasdaq Composite(^IXIC+1.11%) has climbed 1.67% to 26,576 as growth stocks rebound from their worst week since June. The Dow Jones Industrial Average(^DJI-0.07%) is trading 0.15% higher at 52,094.
The US has ordered all artificial intelligence (AI) technology from the Chinese firm DeepSeek to be removed from most government systems.