Not even the holiday rush could help the smartphone market
The IDC doesn't expect any noticeable recovery until 2024
Smartphone shipments dip to lowest seen in a decade, 17-percent decline from 2021
Phone upgrades were low on consumers' priority list for 2022
Waning consumer demand sees TSMC miss revenue forecasts for first time in two years
Revenue was up, but not as much as analysts expected
Samsung's quarterly profits hit 8-year low as chip and smartphone demand crash
Even Samsung is feeling the pressure
Amazon confirms it is letting go of a record 18,000 employees
Some workers won't find out if they've lost their jobs for another 2 weeks
Cities stand to lose billions in taxes thanks to work-from-home, analysts sound alarm
Let's shutdown the economy, what could possibly go wrong?
Billionaire Jeff Bezos advises people to be careful with their money this holiday season
Bezos is worth $120 billion
Xbox price increases incoming even as GamePass subscriptions grow by 159 percent
Phil Spencer was vague on which products would cost more and when to expect the hikes
Tencent and Alibaba have lost more value this year than any other company in the world
Regulators, Covid Zero, and the economy are all having an impact
CEO Jensen Huang talks of raises instead of layoffs after Nvidia issues revenue warning
Company employees are safe, at least for now
Robinhood is nearly $300 million down, lays off a quarter of its staff, and gets hit with $30 million fine
The definition of a bad week
SK Hynix lowers forecast as fragile economy flattens demand
"Market growth for the year is going to be a lot lower than our expectations"
Facebook parent Meta is targeting low-performing staff who fear job cuts could reach 10%
One staff member likens the crackdown to a witch hunt
Corsair expects quarterly losses of $11 million due to faltering economy, but the outlook is positive
Tech companies are reeling as consumer confidence wanes
Seagate and Snap blame economy for weak financial reports that crash shares
This is becoming depressingly familiar
TSMC increases revenue forecast in sign that demand is better than feared
Some welcome good news from the tech industry
Google slows hiring as more companies worry about the economy
While Microsoft cuts jobs but increases its headcount
TSMC plays down economic concerns, predicts 30% sales increase this year
"...inflation has no direct impact on the semiconductor industry"
Elon Musk wants Tesla to cut 10% of jobs, pause all hiring over his 'super bad feeling' about the economy
Tesla employees around 100,000 people
SAP shares dip by almost 21%, its biggest stock market slump since 1999
Software maker cuts profit forecasts
Cash has almost gone extinct in Sweden
Half of Sweden's retailers predict they'll go cashless by 2025
Economist says US tech giants are turning into harmful monopolies, should be broken up
Are the likes of Google, Amazon, and Facebook damaging the economy and stifling innovation?
