That plan calls for 4,000 layoffs and reducing the staff by about 40%. The jobs will basically be done by AI. In turn, Blockʻs guidance called for an 18% increase in gross profit, a 26% boost in ...

A lawsuit in the UK alleges that Sony is taking advantage of consumers with its PlayStation Store "monopoly." Credit: Pavlo Gonchar/SOPA Images/LightRocket via A $2.7 billion dollar class action ...

The agreement takes a company breakup off the table and lifts regulatory uncertainty — but critics say high fees and ...

For enterprise IT, the mandate to not use any Anthropic code if the company does any US government business forces politics into what had been pure tech decisions.

Sony Class Action Lawsuit: "Sony has a near monopoly on the sale of digital games" for its console, allowing it to dictate prices and charge a 30% sales commission to video game publishers, the ...

But wait, there’s more – which Berezin lays out in a recent paper, AI Will Kill The Tech Monopolies. Tech companies, Berezin says, have historically generated profits from three sources: economies of ...

Super Micro reported December quarter earnings that beat expectations. CEO Charles Liang outlined steps to improve the company's gross margin. The company anticipates over $40 billion in revenue this ...