Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week.
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Tag: Amazon.com
AI buzzes Davos, but CEOs wrestle with how to make it pay
Executives at the WEF say they are grappling with how to turn early demos into money-makers.
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Generative AI’s wild 2023
ChatGPT was well on its way to becoming a household name even before 2023 kicked off.
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S&P, Nasdaq muted as markets brace for inflation and Fed
The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve’s policy meeting and inflation data.
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Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown
Amazon.com asked a federal court to dismiss a U.S. government antitrust lawsuit which accuses the company of using illegal strategies to boost profits at its online retail empire.
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Wall Street ends mixed after job openings hint at cooling economy
Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the U.S. Federal Reserve will cut interest rates as soon as March.
Read More Wall Street ends mixed after job openings hint at cooling economy