Industry

Industry

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

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The reality of today's tech industry: layoffs, long hours, AI threats, and few perks

Silicon Valley's not so hot anymore
In a nutshell: It had long been said that a career in tech was the ultimate dream: high salaries, security, and a huge number of perks made for some very happy workers. But things look quite different today. The tech world has seen the highest number of layoffs of any private sector industry this year; perks have been cut; salaries aren't increasing in line with the extra demands; and there's the constant spectre of AI.
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CATL's new battery tech promises 800-km range and five-minute charging

The battery tech means to outpace Tesla, BYD, and the rest of the pack
Forward-looking: CATL has announced a series of breakthroughs that could reshape the EV industry, promising batteries that are cheaper, lighter, faster to recharge, and more resilient in extreme temperatures, all while extending driving range. The company, which supplies a third of the world's EV batteries to major automakers including GM and Tesla's Shanghai plant, unveiled these just ahead of the Shanghai Auto Show.
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Sparklink may be the biggest wireless standard you have never heard about

The wireless standard quietly shipping millions
In context: We imagine most of you are familiar with all the major wireless standards – so familiar, in fact, that it's become boring. We don't write much about them anymore, beyond the usual speculation around 6G, there just not that much worth saying. But on our recent trip to Mobile World Congress, we came across something genuinely new in the space. New to the point of feeling almost magical – a new wireless standard.
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Big Tech avoided $278 billion in corporate tax over the past decade, says watchdog

Cutting corners: A new report has reignited the debate over how much tax the world's largest technology companies pay, revealing that the so-called "Silicon Six" – Amazon, Apple, Alphabet, Meta, Microsoft, and Netflix – have paid nearly $278 billion less in corporate income tax over the past decade than would be expected if their profits were taxed at the average statutory rate for US companies.
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