Zoom will lay off 1,300 employees and CEO is taking a massive pay cut

Zoom on Tuesday said it will lay off about 1,300 employees, or approximately 15% of its staff, becoming the latest tech company to announce significant job cuts as a pandemic-fueled surge in demand for digital services wanes.

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Microsoft set to hold mystery event as ChatGPT competition heats up

Microsoft on Tuesday is set to hold a mystery event at its Redmond, Washington headquarters, weeks after it confirmed plans to invest billions in OpenAI, the company behind ChatGPT.

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Sen. Daines's Twitter account suspended after posting profile picture of himself hunting

Twitter has suspended Montana Republican Sen. Steve Daines's account for violations of the company's sensitive media policy.

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US senators seek answers from Meta on whether user data was accessed by China, Russia and others

Top US lawmakers on the Senate Intelligence Committee want answers from Meta on a newly disclosed internal investigation it conducted in 2018 that found tens of thousands of software developers in China, Russia and other "high-risk" countries may have had access to detailed Facebook user data before the company clamped down on that access beginning in 2014.

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Microsoft Outlook email experiences outage

Microsoft Outlook experienced an outage late Monday night and into Tuesday morning.

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Chinese search engine giant Baidu announces ChatGPT-style AI bot

Chinese search engine giant Baidu says it will be launching its own ChatGPT-style service.

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Google unveils its ChatGPT rival

Google-parent Alphabet on Monday unveiled a new chatbot tool dubbed "Bard" in an apparent bid to compete with the viral success of ChatGPT.

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Dell to lay off 5% of its workforce

Dell plans to lay off roughly 5% of its workforce, the company said in a regulatory filing Monday, in the latest example of tech companies cutting costs in an uncertain economic climate.

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Foxconn January sales hit record high after production restored at world's biggest iPhone factory

Apple supplier Foxconn says its January monthly sales hit a record high as it bounced back from Covid-19 disruptions in China.

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Why Twitter users are upset about the platform's latest change

Users are once again worried about Twitter's future and overall culture following the platform's announcement that it will no longer provide free access to its API. Here's what API is and how this change could affect Twitter.

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Activision Blizzard settles SEC charges for $35 million

Activision Blizzard will pay $35 million to settle US government allegations that the video game giant violated a whistleblower protection rule and lacked processes to collect workplace misconduct complaints, according to the Securities and Exchange Commission.

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A first generation iPhone going up for auction hopes to fetch $50,000

An unopened first-generation iPhone from 2007 is hitting the auction block Thursday -- with an estimated value of $50,000.

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Meta shares surge nearly 20% as Zuckerberg pledges to make 2023 a 'year of efficiency'

For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential. But after a brutal year in which the company lost more than $600 billion in market value, Zuckerberg has started speaking Wall Street's language — and they are rewarding him for it.

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ChatGPT creator launches subscription service for viral AI chatbot

OpenAI, the company behind ChatGPT, announced on Wednesday it is piloting a $20 monthly subscription plan that offers users priority access to the AI chatbot even during peak times.

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Judge reportedly allows Meta to move forward with VR startup acquisition, in blow to FTC

A federal judge will not block Meta from buying a virtual reality tech startup, according to multiple reports, in a setback for the US government, which had alleged the deal would threaten competition in a nascent market.

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Record $3.8 billion stolen in crypto hacks last year, report says

A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by North Korean-linked hackers, according to a report Wednesday from blockchain analytics firm Chainalysis.

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Apple and Google's app stores wield 'gatekeeper' power and should be reined in, Commerce Department says

The Biden administration on Wednesday took its biggest swipe yet at app stores run by Apple and Google, with a new report accusing the two tech giants of exercising "gatekeeper" power that has led to "suboptimal" levels of competition in digital markets.

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Apple is the only US tech giant to have avoided significant layoffs. Will it last?

In less than three months, four of the big five US tech companies have cut tens of thousands of employees combined, shattering myths about the industry's seemingly unstoppable growth in the process.

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