A hot potato: Cisco has announced that it will become the latest tech giant to lay off workers just as its revenue is soaring and AI becomes the most important focus. The move comes a week after CEO Chuck Robbins told an interviewer, "I don't want to get rid of a bunch of people right now."
Cook compares AI to the launch of the Mac, iPhone, and iPad - calls it a make-or-break moment
Big quote: In a rare all-hands meeting at Apple's Cupertino headquarters, CEO Tim Cook made it clear to thousands of employees that AI now stands at the forefront of the company's ambitions. Addressing a packed auditorium following a stronger-than-expected earnings report, Cook called the AI transformation "as big or bigger" than the internet, the smartphone, cloud computing, and apps. "Apple must do this. Apple will do this. This is sort of ours to grab," Cook told staff, vowing, "We will make the investment to do it."
Forward-looking: The Trump administration wants the US public to upload personal health data and medical records to a series of apps and systems managed by private health companies and tech giants. The move is supposed to allow easier access to health records across the nation, bringing personal healthcare into the digital age, but there are plenty of concerns about the security of the data and the possibility that it could be exploited.
From over-hiring to AI obsessions: Intel, Microsoft, Meta lead the cuts
Big quote: As Frank Herbert writes in Dune, "Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them."
Why you shouldn't trust early (controlled) coverage of a product
Facepalm: As Computex 2025 is set to unfold in Taipei, much of the tech world's attention will be understandably drawn to new innovations and big announcements at the show. Yet, amid the buzz, a more troubling story is playing out behind the scenes – one that raises serious concerns about transparency, media integrity, and the trustworthiness of GPU launch coverage. The issue? Nvidia's release strategy for the GeForce RTX 5060, and how the company is manipulating public perception through tightly controlled media "previews."
Why it matters: As powerful as AI may be, many industries are still struggling to find clear-cut applications that make a measurable, demonstrable difference. Thankfully, that is not the case when it comes to chip design software. In fact, since their introduction just a few years ago, AI-powered features have become a mainstay of EDA (Electronic Design Automation) tools from companies such as Cadence and Synopsys.
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.
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.