Tag: Bloomberg
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Four years after Amazon acquired podcast network Wondery, the tech giant is abandoning its $300 million purchase and reorganizing several audio properties into separate teams within the company. As previously reported BloombergAs a result of this restructuring, the studio will lose approximately 110 employees and CEO Jen Sargent will leave the company. Amazon said Bloomberg…

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Apple is still working hard to become a relevant player in the AI space. Mark Gurman’s recent writings on Bloomberg suggests that Apple is shifting its AI goals to focus on new device segments. Sources reportedly told the publication that Apple has a number of new smart home products in the works that could help…

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Intel has had some trouble generating results for its shareholders lately, but the company may soon have another boss under its belt. The current administration is reportedly pushing to get the US government to take a stake in the chip maker. Bloomberg It initially reported the news without providing details on the size or value…

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The final 12 months have been fairly miserable for anybody invested within the long-term way forward for Xbox and the final well being of the video games business. Back in May, Microsoft laid off 3 p.c of its international workforce, with the corporate’s gaming division being one of many huge casualties, and quite a lot…

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China’s new five-year plan — an overarching coverage proposal for the subsequent time period of Chinese Communist Party management — is concentrated on making the nation technologically self-reliant and fewer weak to overseas stress, Bloomberg reviews. The plan has but to be formally adopted, however is being launched forward of a summit between President Donald…
