Demand

Google CEO defends job cuts in bustling town hall as employees demand clarity on process

Google CEO defends job cuts in bustling town hall as employees demand clarity on process

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Sundar Pichai, CEO, Alphabet Luis Gene | AFP | Getty Images Days after Google announced the largest round of layoffs in the company’s 25-year history, executives defended the job cuts and answered questions from a worried workforce at a town hall meeting on Monday . Google CEO Sundar Pichai led the company-wide meeting and told …

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Protesting students demand Bethune-Cookman resume negotiations with Ed Reed

Protesting students demand Bethune-Cookman resume negotiations with Ed Reed

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Bethune-Cookman University students are calling on executives to resume contract negotiations with Pro Football Hall of Famer Ed Reed. The protest spilled out into the street outside the campus. “We express our concerns. We send emails all the time. No response, so that’s what it is,” student body vice president Janaya Jones said. This happened …

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TSMC cuts investment in 2023 after record fourth quarter as chip demand weakens

TSMC cuts investment in 2023 after record fourth quarter as chip demand weakens

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Q4 profit of T$295.9 billion vs. T$289.44 billion, analysts say Fourth-quarter revenue up 26.7% year-on-year to $19.93 billion Sees 2023 investments at $32-36 billion from $36.3 billion the previous year The company plans to increase its production abroad TAIPEI, Jan 12 (Reuters) – Taiwanese chipmaker TSMC (2330.TW) warned on Thursday that first-quarter revenue would fall …

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Tesla shares suffer from New Year's hangover over demand worries and delivery issues

Tesla shares suffer from New Year’s hangover over demand worries and delivery issues

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The stock is the first loser in the S&P 500 on the first trading day of 2023 Selloff removes $50 billion from market capitalization Tesla misses fourth-quarter vehicle delivery estimate The electric vehicle company is still the world’s most valuable automaker Jan 3 (Reuters) – Shares of Tesla Inc (TSLA.O) started 2023 with a thud, …

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Apple's mini-LED display supplier says demand is falling as rumors suggest transition to OLED in coming years

Apple’s mini-LED display supplier says demand is falling as rumors suggest transition to OLED in coming years

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Thursday, December 29, 2022 12:06 a.m. PST by Sami Fathi One of Apple’s top mini-LED suppliers says demand for displays in consumer products is declining while demand for mini-LEDs in other use cases is growing as Apple considers transition to move its iPad and MacBook lineup to OLED screens in the coming years. A new …

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China's elite give Paxlovid to friends as Covid drug demand soars

China’s elite give Paxlovid to friends as Covid drug demand soars

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Chinese elites are hoarding stocks of Paxlovid, Pfizer’s Covid-19 antiviral drug, and giving it to business associates as an unprecedented Covid wave leaves hospitals stripped of resources and ordinary people struggling to access drugs . Several public and private hospitals told the Financial Times that the drug, the only foreign Covid drug approved for use …

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Linux 6.2 features: Stable Intel Arc graphics. Support for RTX 30, Intel on demand + IFS Ready

Linux 6.2 features: Stable Intel Arc graphics. Support for RTX 30, Intel on demand + IFS Ready

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Happy Holidays If you enjoyed reading new and original content on Phoronix every day this year, consider showing your support by the end of the year / holiday offer on Phoronix Premium. Phoronix Premium helps make operations possible while you enjoy ad-free viewing and multi-page articles on a single page. There have been over 2,800 …

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Micron to cut 10% of its workforce as demand for computer chips plummets

Micron to cut 10% of its workforce as demand for computer chips plummets

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(Bloomberg) — Micron Technology Inc., the largest U.S. memory chipmaker, said the industry’s worst glut in more than a decade will make it difficult to return to profitability in 2023. Bloomberg’s Most Read The company announced a series of cost-cutting measures on Wednesday, including a 10% reduction in the workforce, aimed at helping it cope …

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Micron to cut 10% of its workforce as demand for computer chips plummets

Micron to cut 10% of its workforce as demand for computer chips plummets

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(Bloomberg) — Micron Technology Inc., the largest U.S. memory chipmaker, said the industry’s worst glut in more than a decade will make it difficult to return to profitability in 2023. Bloomberg’s Most Read The company announced a series of cost-cutting measures on Wednesday, including a 10% reduction in the workforce, aimed at helping it cope …

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Amid allegations at Juilliard, classical music leaders demand change

Amid allegations at Juilliard, classical music leaders demand change

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Comment this story Comment An open letter calling on the Juilliard School to take disciplinary action against composer Robert Beaser for “decades-long abuse of power and women” has drawn signatures from around 450 composers, musicians, educators and arts leaders. On Friday night, after 120 people signed the letter, Beaser, 68, a former chairman of the …

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