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Tech Companies to Keep Spending on A.I. Despite Worries of Slow Payoff
Posted inAlphabet Inc Amazon.com Inc Artificial Intelligence Company Reports Computers and the Internet Google Inc Meta Platforms Inc Microsoft Corp Stocks and Bonds

Tech Companies to Keep Spending on A.I. Despite Worries of Slow Payoff

Big technology companies show no signs of slowing their spending on artificial intelligence, even though a payoff still looks a long way away.
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Posted by By Karen Weise
News Movement Showed How Hard It Is to Profit From Gen Z on Social Media
Posted inComputers and the Internet Generation Z Lewis, William (1969- ) Mergers, Acquisitions and Divestitures News and News Media Newspapers Social Media Start-ups The News Movement Washington Post

News Movement Showed How Hard It Is to Profit From Gen Z on Social Media

The Washington Post is creating a division to find valuable audiences in new places. The C.E.O.’s last company shows that’s a tough road.
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Posted by By Benjamin Mullin Katie Robertson and Justin Scheck
Intel Will Cut More Than 15,000 Jobs
Posted inArtificial Intelligence Company Reports Computer Chips Computers and the Internet Factories and Manufacturing Gelsinger, Patrick Intel Corporation Layoffs and Job Reductions NVIDIA Corporation Regulation and Deregulation of Industry Silicon Valley (Calif) Taiwan Semiconductor Manufacturing Company Ltd

Intel Will Cut More Than 15,000 Jobs

The Silicon Valley chip maker also reported a net loss and declining revenue in the latest quarter.
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Posted by By Don Clark
Amazon Reports $148 Billion in Second Quarter Sales
Posted inAmazon.com Inc Cloud Computing Company Reports Computers and the Internet Delivery Services E-Commerce Jassy, Andrew R Mergers, Acquisitions and Divestitures

Amazon Reports $148 Billion in Second Quarter Sales

The e-commerce giant’s stock dipped about 5 percent in after-hours trading after lower-than-expected guidance.
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Posted by By Karen Weise

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