Google lays off hundreds of workers

Google is laying off hundreds of workers across its virtual assistant, augmented reality and central engineering teams, a spokesperson confirmed to The Hill on Thursday.  The layoffs will impact a few hundred employees working on Google Assistant, as well as a few hundred workers from other parts of the company’s knowledge and information product teams, … Read more

Google vows not to charge data transfer fees when cloud customers exit

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort to win cloud deals over larger rivals Amazon and Microsoft involves making it cheaper for clients to leave. In a blog post Thursday, Google took aim … Read more

Circle confidentially files for IPO following banner year for crypto

In this photo illustration, a woman holds a smartphone with the USD Coin (USDC) logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Circle, the issuer of the USDC stablecoin, has confidentially filed for an IPO with the Securities and Exchange Commission, a little over a year after terminating … Read more

Microsoft briefly overtakes Apple to become the world’s most valuable company again

Microsoft has surpassed Apple’s market cap to become the world’s most valuable public company again. The software giant’s stock has been rallying in recent months thanks to its AI announcements. Meanwhile, there are concerns about Apple’s iPhone sales, leading to the two tech giants swapping top places for market value during trading on the Nasdaq … Read more

Amazon’s cashierless checkout is coming to hospitals

Customers carry their purchases as they leave the U.K.’s first branch of Amazon Fresh in the Ealing area of London, England, on March 4, 2021. Leon Neal | Getty Images Amazon is pitching its cashierless checkout technology to hospitals and other health-care facilities. The company on Thursday said the latest version of its Just Walk … Read more

Here’s what a bitcoin ETF actually means for investors

The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of the U.S. The agency gave the green light on Wednesday to sponsors of 10 ETFs, including BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest — paving the way for these funds to begin trading as soon … Read more

Sanctioned Western tech is still entering Russia and powering its war

Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical components to Russia, according to … Read more