Verizon to Slash 15,000 Jobs as New CEO Launches Major Restructuring

Nov 14, 2025 01:01 am UTC| Business Technology

Verizon is preparing for its largest round of layoffs in company history, with plans to cut roughly 15,000 U.S. jobs as part of a major restructuring push under new CEO Dan Schulman, according to a source familiar with the...

Baidu Introduces New AI Chips to Boost China’s Domestic Computing Power

Nov 13, 2025 08:03 am UTC| Business Technology

Baidu has announced two new artificial intelligence chips designed to strengthen Chinas access to advanced, cost-efficient, and locally controlled computing power. The launch comes as ongoing U.S.China tensions continue to...

Cisco Stock Jumps as Strong AI-Driven Networking Demand Boosts Earnings and Guidance

Nov 13, 2025 02:17 am UTC| Business Technology

Cisco Systems Inc. (NASDAQ: CSCO) surged over 4% in after-hours trading on Wednesday after reporting stronger-than-expected fiscal first-quarter results and raising its full-year outlook, driven by robust demand for...

Trump’s tariffs threaten the future of innovation – and UK tech could be collateral damage

Nov 13, 2025 01:30 am UTC| Insights & Views Technology Economy Venture Capital

US president Donald Trumps 15% baseline tariffs on EU imports may read like a throwback to old-school protectionism, designed to safeguard American jobs and manufacturing. But in todays globalised and digitally driven...

AI Revolution Series

Yes, there is an AI investment bubble – here are three scenarios for how it could end

Nov 13, 2025 01:29 am UTC| Technology Insights & Views

Booms and busts are a recurring feature of modern economics, but when an assets value becomes overinflated, a boom quickly becomes a bubble. The two most recent major bubble episodes were the dot-com bubble in the United...

Foxconn’s Q3 Profit Surges 17% on Strong AI Server and iPhone Demand

Nov 12, 2025 07:28 am UTC| Technology Business

Taiwan-based Foxconn, officially known as Hon Hai Precision Industry, reported a 17% year-on-year rise in third-quarter profit, driven by robust global demand for artificial intelligence (AI) servers and steady iPhone...

Australia Warns of Chinese Cyber Threats Targeting Telecoms and Critical Infrastructure

Nov 12, 2025 02:19 am UTC| Politics Technology

Australias top intelligence official has issued a stark warning about escalating cyber threats from Chinese state-backed hackers targeting the nations critical infrastructure and telecommunications networks. Mike Burgess,...