google Google Joins Tech Layoff Wave With 12,000 Job Cuts Google eliminates 12,000 positions as the tech sector continues to shed jobs following a pandemic-era hiring boom. The cuts affect six percent of the company's global workforce across multiple departments.
amazon Tech Giants Slash Thousands of Jobs as Economic Fears Mount Salesforce and Amazon lead a wave of early 2023 layoffs as the tech industry braces for a potential recession and fading demand.
chatgpt ChatGPT Challenges Google Search as AI Chatbots Enter the Spotlight A new AI chatbot named ChatGPT sparks debate over whether conversational text generators could eventually replace traditional search engines like Google.
big tech Big Tech Stumbles in Third Quarter as Meta Suffers Historic Weekly Loss Major tech companies outside of Apple lose over $350 billion in market value following bleak third-quarter earnings and weak future guidance. Meta experiences its worst week since its 2012 IPO as economic headwinds weigh heavily on the sector.
big tech Big Tech Stumbles as Alphabet and Microsoft Kick Off Q3 Earnings Major tech companies face disappointing results early in the Q3 earnings cycle, with Alphabet reporting particularly weak advertising revenue growth.
alphabet Alphabet Reports $69.1 Billion Q3 Revenue Amid Economic Realignments Alphabet generates $69.1 billion in Q3 2022 revenue, showing a 6% increase year-over-year. The tech giant focuses on AI advancements and resource realignment to navigate current economic headwinds.
verily Alphabet's Verily Secures $1 Billion to Advance Precision Healthcare Alphabet's life sciences arm Verily raises $1 billion to expand its personalized healthcare products and undergoes a major executive leadership transition.
deepmind DeepMind Expands AlphaFold Database to 200 Million Proteins DeepMind multiplies its AlphaFold protein structure database by 200, offering predictions for nearly every known protein to accelerate scientific and medical research.
alphabet Alphabet Reports $69.7 Billion Q2 Revenue Driven by Search and Cloud Alphabet achieves $69.7 billion in Q2 2022 revenue, marking a 13 percent increase from the previous year. Search and Cloud lead the growth, while Other Bets continues to post significant losses.
google Google Surpasses $68 Billion in Q1 Revenue Amid YouTube Ad Miss Google reports strong Q1 2022 revenue growth driven by Search and Cloud, but falls short of analyst expectations due to a slowdown in YouTube advertising. The tech giant continues to invest heavily in office spaces and product development to support long-term growth.
youtube YouTube Experiences First Ad Revenue Drop Amid Alphabet Q3 Miss YouTube sees a 1.9% decline in Q3 ad revenue to $7.07 billion, marking its first year-over-year drop in at least two years. The shortfall contributes to parent company Alphabet missing Wall Street expectations for both revenue and earnings.
alphabet Alphabet Misses Earnings Estimates But Ad Revenue Beats Expectations Alphabet reports lower-than-expected earnings and slow revenue growth for the second quarter, but a slight beat in ad revenue eases investor fears. The tech giant's stock jumps 4% in after-hours trading despite a broader hiring slowdown.
tech layoffs Economic Headwinds Drive Over 219,000 Tech Layoffs in 2022 Faced with inflation, supply chain issues, and declining revenue growth, tech companies lay off over 219,000 employees in 2022. Even strong cloud computing sectors show signs of slowing down as businesses brace for a potential recession.
uber Uber Partners With Waymo to Integrate Self-Driving Tech Uber and Waymo form a strategic partnership to bring Waymo's autonomous vehicles to the Uber platform. The deal marks a major shift after years of prior rivalry and legal disputes.
waymo Waymo Launches Fully Driverless Robotaxi Service in Downtown Phoenix Waymo removes human safety drivers from its downtown Phoenix robotaxi operations, initially offering the fully autonomous rides to employees before a public rollout. The company also begins autonomous testing at Phoenix Sky Harbor International Airport.