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Tech

Tech sector instability leads to highest office vacancy rates in South Bay history

by Craig Fedirighi
Tech sector instability leads to highest office vacancy rates in South Bay history

SAN JOSE — Silicon Valley’s office vacancy rate has reached a historically high level, indicating the economic effects of consolidation in the tech sector. The office vacancy rate in Silicon …

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Categories Business

Studies show that tweaking Facebook and Instagram algorithms will not solve the issue of polarization

by James Odonell
Studies show that tweaking Facebook and Instagram algorithms will not solve the issue of polarization

The powerful algorithms used by Facebook and Instagram to deliver content to users have increasingly been blamed for amplifying misinformation and political polarization. However, a series of groundbreaking studies published …

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Categories Politics

Tech Mahindra’s Q1 numbers disappoint; net profit plummets 38% to Rs 692.5 crore, says Mahindra

by Craig Fedirighi
Tech Mahindra’s Q1 numbers disappoint; net profit plummets 38% to Rs 692.5 crore, says Mahindra

MUMBAI: The country’s fifth largest IT services company Tech Mahindra on Wednesday reported a 38 per cent fall in June quarter net profit at Rs 692.5 crore due to a …

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Categories Business

Japanese chemicals company identifies untapped market in EUV chipmaking materials

by Craig Fedirighi
Japanese chemicals company identifies untapped market in EUV chipmaking materials

Osaka Organic Chemical Industry, a Japanese manufacturer of high-end chemicals used in chip production, is betting on the materials market for extreme ultraviolet (EUV) lithography, a method for making advanced …

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Categories Business

LinkedIn announces international layoff plans, including nearly 200 job cuts in the Bay Area.

by Ev Richard
LinkedIn announces international layoff plans, including nearly 200 job cuts in the Bay Area.

SUNNYVALE — LinkedIn has revealed that its worldwide staff cutbacks included nearly 200 job cuts in the Bay Area, disclosures that serve as disquieting reminders the region’s tech layoffs have …

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Categories Technology

Meta, Microsoft, and numerous other entities possess trademarks for a potential new Twitter name.

by Craig Fedirighi
Meta, Microsoft, and numerous other entities possess trademarks for a potential new Twitter name.

Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft already have intellectual property rights to the same letter. X is so …

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Categories Business

Default, Foreclosure Looms over San Jose Office Building

by Craig Fedirighi
Default, Foreclosure Looms over San Jose Office Building

SAN JOSE — A big San Jose office and research building has fallen into default on its real estate loan, highlighting the financial challenges faced by the Bay Area commercial …

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Categories Business

TikTok expands in Southeast Asia as it boosts e-commerce efforts

by Craig Fedirighi
TikTok expands in Southeast Asia as it boosts e-commerce efforts

Your favorite influencer just bought a vivid new shade of lipstick, and it suits her perfectly. You’re admiring the product on TikTok, and with only a few taps, without stopping …

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Categories Business

Tokyo’s Uneasiness Grows as Japan Joins U.S. in Restricting Chinese Chips

by Craig Fedirighi
Tokyo’s Uneasiness Grows as Japan Joins U.S. in Restricting Chinese Chips

TOKYO/NEW YORK – Japan’s imposition of export controls on chipmaking tools to align with a U.S. policy restricting China’s ability to produce advanced semiconductors is worrying some officials in Tokyo …

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Categories Business

Tech arms of MNCs poised to overshadow IT companies amidst hiring spree

by Craig Fedirighi
Tech arms of MNCs poised to overshadow IT companies amidst hiring spree

BENGALURU: With large IT services companies reducing their workforces in the first quarter of 2023-24, global capability centres (GCCs) – the technology arms of multinational companies – look set to …

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Categories Business
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