Tech Layoffs Surpass 250,000 in 2023
In total, more than 250,000 workers at tech companies of all sizes were let go this year, according to job tracker Layoffs.fyi. Layoffs.fyi creator Roger Lee joins Ed Ludlow and Caroline Hyde for a deep dive on the numbers on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…
People & Blogs
Let this be your last Short for the day #TEDTalk
Do you sometimes have your most creative ideas while folding laundry, washing dishes or doing nothing in particular? It’s because when your body goes on autopilot, your brain gets busy forming new neural connections that connect ideas and solve problems. Learn to love being bored as Manoush Zomorodi explains the connection between spacing out and…
Bloomberg Technology
Intel’s Big Raise, Apple’s iPhone Roadmap | Bloomberg Tech 8/11/2026
Bloomberg’s Ed Ludlow breaks down Intel’s upsized $20 billion share sale, raising a third more than it was targeting when it announced the deal on Monday. Plus, sources tell Bloomberg that Apple’s glass-centric iPhone overhaul is still on track for 2027, even after an analyst’s report said it had been cancelled. And, drone startup Neros…
Bloomberg Technology
RUM Group’s $3 Billion AI Opportunity
RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual…
Let this be your last Short for the day #TEDTalk
Intel’s Big Raise, Apple’s iPhone Roadmap | Bloomberg Tech 8/11/2026
RUM Group’s $3 Billion AI Opportunity
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@jazilzaim
December 14, 2023 at 5:37 pm
One side of this is that the VCs aren’t getting their high IRR either. Much better to shut a business down and return cash to investors rather than keep a business running profitably and sustainably. So this is also another factor of layoffs and companies shutting down. More founders recently are now choosing to bootstrap and avoid VC money which could see a resurgence with some companies becoming more sustainable in the near future.
@BUY.YT.VIEWS.
December 14, 2023 at 6:01 pm
when are you gonna post again?