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Splunk appoints Gary Steele as new CEO
Nov 13,2023
Splunk has named Gary Steele as its new CEO, three months after the surprise resignation of longtime CEO Doug Merritt. "The board is focused on identifying a leader with a proven track record of scaling operations and growing multi-billion-dollar ent...
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Microsoft edges back to 'normal' with workplace reopening plan
Nov 13,2023
With COVID-19 infections dropping in the US, Microsoft on Monday announced it is solidifying its hybrid workforce plans and will begin bringing employees back into offices by the end of the month. Beginning Feb. 28, its headquarters in Washington sta...
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Low-code platform provider Airtable enacts new round of layoffs
Nov 13,2023
Low-code software company Airtable announced its second round of job cuts in nine months, laying off around 237 people, or approximately 27% of the company. The cuts are part of a plan to focus the company on winning large enterprise clients and gett...
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Tencent debuts Hunyuan AI model, opens it up for enterprise use
Nov 13,2023
Chinese cloud and social media conglomerate Tencent has announced that its Hunyuan large language model (LLM) will be available for enterprise use, as companies in the country stake their claim as technology industry and generative AI leaders. "...
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Enterprise software, services to boost 2023 IT spending by 2.3%: Gartner
Nov 13,2023
Software and IT services will drive worldwide IT spending to$4.5 trillion in 2023, an increase of 2.4% above 2022, according to the latest forecast by market research firm Gartner. That's down from last quarter's estimate of 5.1% growth, mainly due t...
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European Parliament approves sweeping big tech antitrust laws
Nov 13,2023
The European Commission announced late yesterday that the Digital Markets Act (DMA) and Digital Services Act (DSA) have been voted through, marking a new chapter for how technology companies will be able to operate in the EU. The parliament voted 588...
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Microsoft promises to recognize Activision Blizzard unions
Nov 13,2023
Microsoft and the Communications Workers of America (CWA) have reached a neutrality agreement that promises to ease the path to unionization for staff at Activision Blizzard, the game studio Microsoft plans to acquire for$68.7 billion. Quality assura...
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Tech firms face unionization push, as Amazon and Apple workers organize
Nov 13,2023
The recent efforts by workers at Apple and Amazon to undertake high-profile attempts to organize represent something of a departure from the norm for a sector that's long been averse to worker unions. "The tech industry has,by and large, resisted uni...
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EU targets big tech with new Digital Markets Act
Nov 13,2023
Members of the European Union have confirmed the rules that will make up the new Digital Markets Act (DMA). The legislation is intended to rein in the power of large tech corporations such as Apple, Amazon, Google and Meta, forcing them to change how...
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PC market shows signs of a turnaround after historic slide
Nov 13,2023
Global PC shipments fell during the second quarter of 2023, according to preliminary data from two analyst firms, but recent sales offered some indication of a market turnaround following recent historic declines. Shipments of desktop and laptop devi...
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As biz travel slowly returns, some companies expect workers to pay their own way
Nov 13,2023
Corporate travel managers have backed off their expectations for a recovery this year, with fewer than one in five confident travel will return to pre-pandemic levels in 2022, according to a new report by consultancy Deloitte LLP. As companies are re...
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This year's biggest tech IPO begins as ARM hits Nasdaq
Nov 13,2023
The year's most hotly anticipated initial public offering (IPO) in tech opened at the starting bell this morning, with ARM Holdings' (ARM) stock beginning the day on Nasdaq at$51 per share. That's the cost per share for the 10% of the company (95.5 m...
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