Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

cybertruck

Tesla Cybertruck sales collapse, company accepts trade-ins with extreme depreciation

34 percent depreciation after one year and 6,000 miles
Recap: Although the Cybertruck began missing CEO Elon Musk's stated goals as soon as it launched in late 2023, the odd-looking electric pickup truck sold well out of the gate. However, the vehicle's commercial performance has tanked over the last few months. Musk's political activities have soured public opinion on the company and contributed to declining global sales.
trump amazon ceo

Trump tariffs haven't impacted Amazon's prices or customer spending, says CEO

In contrast to Walmart and Target, Amazon reports no tariff-driven average-price hikes
In brief: Amazon CEO Andy Jassy has assured the company's shareholders that Trump's tariffs have neither increased average selling prices of items on the site nor have they affected consumer demand. It comes a few weeks after Amazon was blasted by the White House over a plan to show exactly how much the tariffs will increase the cost of items on its Amazon Haul site.
tech google microsoft layoffs protests staff

Silicon Valley's era of open debate fades as companies clamp down on employee dissent

A culture of fear has replaced free speech in the tech industry
Through the looking glass: As the tech industry continues to tighten control over employee speech and activism, a culture once defined by open dialogue and political engagement gives way to one marked by silence and fear of reprisal. "It's different now; employers feel they can get away with stuff," said a former Google employee.
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