AMD is losing the gaming graphics card market — revenue from them fell by 48% in the first quarter and will continue to decline
In the first quarter of 2024, AMD’s revenue from gaming solutions decreased by 48% year-on-year due to lower demand for discrete Radeon graphics cards and reduced sales of chips for PlayStation and Microsoft consoles. The company expects its gaming revenue to decline further in 2024 before recovering in 2025.
Google programmer fired for protesting in the office — says he just came to watch (company denies)
A programmer who was fired from Google because of protests at the company’s offices says he was simply observing a protest against an Israeli defense contract. The former employee said anonymously that he went to the lobby of Google’s New York office just to watch the protest.
Not just Paramount: CEOs in the U.S. are leaving in droves — due to stress, pressure and loneliness
It’s not a good time to be a CEO, judging by the recent wave of layoffs in the US. HSBC’s Noel Quinn unexpectedly announced on Tuesday that he will step down as CEO when the board selects his successor. Bob Bakish of Paramount Global resigned from the media giant on Monday, and Kenny Wilson of Dr Martens recently announced that this…
«Ukrainian teams need to have competitive advantages»: Head of «EPAM Ukraine» on the current «crisis of survival»
«There is always a crisis», – emphasizes the head of the Ukrainian office EPAM Stepan Mitish. During the three years of his leadership, the company faced a «growth crisis» after the covid and a «survival crisis» due to a full-scale invasion. Plans for the industry’s growth were abruptly cut short by military risks. The same […]
Ex-manager of Twitter X (the one who slept in the office), now works at Meta and tells interesting things about Elon Musk
Do you remember the woman who slept in Twitter’s X office and justified Elon Musk’s methods, and she was fired anyway? Well, now Esther Crawford is working for Mark Zuckerberg at Meta, which she talks about said on Instagram. Crawford was XTwitter’s director of product management for more than two years before she was fired in…
«Job search services were invented for office workers». Jooble co-founder on the challenges of finding a job «blue-collar workers»
While the number of vacancies in the Ukrainian IT market is decreasing, the number of blue-collar jobs is growing, but there are not enough candidates. The problem is further complicated by the fact that, according to Roman Prokofiev, co-founder of Jooble, all job search services have historically been designed for office workers. Recent years…
Google’s value exceeded $2 trillion — the company announced its first dividend payment in 25 years
The last time the market capitalization of Google’s parent company Alphabet briefly approached this milestone was in 2021.
Taiwanese from TSMC and Slovenians from EKWB abuse workers in the US: racism, overtime and underpayment
It seems that Asian and Eastern European companies that open factories in the United States bring their «production culture» there. According to testimonies, American employees of TSMC and PC manufacturer EKWB from Slovenia face racism, rudeness, overtime, underpayment, and false accusations.
Ahead of Apple Fitness+. The Ukrainian app BetterMe: Mental Health has won the Webby Award
Ukrainian app BetterMe: Mental Health won the international award The Webby Awards 2024 People’s Choice in the Health & Wellness & Fitness Apps category.
Embracer Group will split into three companies — one of them will own Ukrainian 4A Games, which was supposed to be sold to the Russians
Embracer Group has announced its intention to split into three different publicly traded games and entertainment companies. The new companies will be called Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.
Not everyone at NVIDIA is a millionaire — shares have to be sold, says a programmer with a salary of $250 thousand per year
An NVIDIA employee who earns $250,000 dollars a year said that the earnings of the company’s employees «are not as rosy» as some might think. He told us anonymously Business Insiderthat while some NVIDIA employees may have to be lucky enough to become millionairesThis is not always the case. The publication checked the identity and wealth…
Netflix will stop reporting the number of subscribers — from April 2025
Netflix published report for the first quarter, and the most interesting thing about it is that profits grew very significantly, largely due to the successful fight against password sharing and advertising rates.
Google merges Android and Chrome teams with hardware division — all for AI
The united team will be responsible for implementing artificial intelligence in smartphones and everything running on Android.
Crisis, competition, war: Samsung moves executives to a six-day work week
Samsung Corporation has decided to transfer the heads of all departments to a six-day work week to combat the current crisis.
TSMC will increase prices for chips made outside Taiwan – this is likely to lead to higher prices for end devices
TSMC is the world’s largest chipmaker, and its products are found in a wide range of devices, from phones to game consoles to computers. But soon, devices using TSMC chips may become more expensive if manufacturers decide to buy chips that the company produces outside its base in Taiwan.
TSMC is powering Taipei suburbs with its own generators — Taiwanese government has asked for help
TSMC has shared energy from its backup power generators with Taiwan’s state-owned power company Taipower to help avoid power outages, according to the Taiwanese newspaper Commercial Times. This follows a recent 7.4-magnitude earthquake that shut down eight power units.
Google employees arrested for office protest against cooperation with Israel
A dozen Google employees were arrested at the company’s offices because they protested against cooperation with the Israeli government.
«Pension Fund» NVIDIA: how the company’s shares make its employees millionaires
The wealth that can be gained by helping to develop a successful company is vividly illustrated by the example of NVIDIA employees. One of them, an employee «middle management» has accumulated a fortune of $62 million by receiving shares in the company. This option can be a great incentive for employees. However, another NVIDIA employee made a…
Multimillion-dollar developer profits in the Apple App Store have turned out to be a bug in recent days
Some developers have had a disconcerting morning as a bug in App Store Connect has been showing millions in revenue from apps placed in the store for some time. App Store Connect provides developers with statistics and analytics related to their apps. While the system is fairly reliable, minor issues arise from time to time that can lead to data…
How to talk to management about a salary increase — tips from Ciklum, Jooble, and more HRs
A good job should be well-paid, so it’s understandable that all professionals expect their remuneration to increase over time. So what’s the best way to ask for a raise? How to argue, and what is better not to mention? HR specialists from well-known companies answered these questions and gave advice on how to act in […]
Rakuten Viber appoints Country Director in Ukraine — Ilya Boshnyakov, former head of AIN.UA
Bochniakov will lead Viber’s local team and will be responsible for adapting new features for the Ukrainian market and the Ukrainian diaspora around the world, as well as for partnerships, marketing and communications in Ukraine. Previously, these tasks were assigned to Atanas Raikov, Vice President of Global Marketing and Development, based…
ChatGPT creator Sam Altman became a billionaire — but not thanks to OpenAI
Altman is known to have no equity in OpenAI, but his bets on startups like Reddit, Stripe, and Helion have still secured him a spot on the Forbes billionaire ranking.
Significantly losing weight, Gabe Newell has created a company to develop neuro-interventions called Starfish
It seems that Valve CEO Gabe Newell is now interested in the new project. On the website of Starfish, a company that develops neural interfaces, in the «Our team» among others, you can also find a photo of Gabe Newell. He is listed as a co-founder of the company.
Monte esports team was not allowed to participate in an international tournament in China
The Ukrainian esports team Monte was unable to leave the country to take part in the tournament. This is stated in a message on the team’s official Instagram account.
Samsung regains leadership in the smartphone market — Apple lasted 5 months
Samsung Electronics has regained the lead in global smartphone sales just five months after losing to Apple. According to official data, the return was due to the release of new Galaxy S24 smartphones with artificial intelligence functions.
Mark Zuckerberg became the third richest man in the world with $186.9 billion and surpassed Elon Musk
Mark Zuckerberg has surpassed Elon Musk to become the third richest person in the world. Back in early March, Musk was ranked first in the billionaire index Bloomberg, but dropped to fourth after the announcement of the cancellation (which Musk later denied). Earlier in the week, it was reported that Tesla’s fell over the past three months.
«PrivatBank» will carry out routine maintenance on the night of April 6 – card transactions, ATMs and terminals will not work
«PrivatBank» has announced that it is carrying out scheduled maintenance to upgrade its processing center. They will take place on the night of April 6 and will last from 00:05 to 07:05 in the morning.
Samsung invests $44 billion (instead of $17 billion) in chip production in Texas
Samsung Electronics plans to increase its investment in chip manufacturing in Texas to about $44 billion. This was reported by knowledgeable sources.
Apple lays off 600 engineers after canceling car project — largest layoff since the pandemic
A few weeks ago, Apple canceled its long-standing project to create a self-driving electric car, and has now announced the layoff of 614 employees — according to documents provided to the California Employment Development Department (although Mark Gurman notes the actual figure may be much higher).
Alphabet + HubSpot: Google’s owner is considering a $35 billion acquisition of a software company
HubSpot offers cloud-based software for automation, online marketing and sales
When a client wants a Ferrari for a Fiat budget. How Ukrainian IT wins competition with foreigners – Head of EPAM Ukraine
«When our clients need to do something impossible, they come to Ukraine», says Stepan Mitish, Vice President, Head of EPAM Ukraine, during a panel discussion at presentations research Digital Tiger: the Power of Ukrainian IT – 2023. Mitish argues that as an employee of a global company with a presence in 55 countries, he has […]
Google may make search paid — premium options will use AI
Google Search is considering charging for new premium features based on artificial intelligence. The addition of paid features to the search engine may be the first case of direct monetization of the company’s main product for ordinary users. It is reported by Financial Times, citing insiders.
All on AI. How NVIDIA’s revenue structure has changed over the past 5 years (infographic)
Following the AI boom, the key revenue drivers of the largest US chipmaker have changed dramatically.
Huawei earned $97.48 billion in revenue and $12.05 billion in profit as the business recovers from 2019 US sanctions
In 2023, Huawei Technologies demonstrated the fastest revenue growth in the last 4 years. This was achieved thanks to the recovery of the consumer segment and revenues from new activities, such as components for smart cars. All this accelerated its recovery from US sanctions.
Ukraine’s largest uranium producer goes bankrupt, while the Energy Ministry ignores the problem
On March 20, the Economic Court of Dnipropetrovs’k Region held a hearing on declaring the state-owned enterprise «Vostochny Ore Mining and Processing Plant» bankrupt. This is evidenced by data from the register of court decisions.
Canadian school boards sue TikTok, Meta, and SnapChat — platforms interfere with children’s lives and learning
The four largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta, and SnapChat. They claim that social media platforms interfere with the learning process. The plaintiffs are seeking damages of more than 4 billion Canadian dollars ($2.9 billion) for disrupting student learning and the education system.…
Hyundai invests $50 billion to secure a place in the TOP 3 electric car manufacturers
Hyundai has announced a significant investment of $50 billion to maintain its position as the automotive market transitions to electric vehicles. The automaker will hire 80,000 employees in Korea to become one of the top 3 electric car manufacturers by 2030.
Sega sells Relic Entertainment and cuts 240 jobs in UK studios
The gaming industry continues to be feverish. It has become known that Sega has sold Relic Entertainment, which is known as the developer of such popular games as Company of Heroes and Dawn of War. The studio has recently developed a new Age of Empires for Microsoft. Relic is transforming into an independent studio and will no longer be part of the…
Apple officially announces WWDC24 time and hints at AI
Apple is officially announced its WWDC24 event. The conference for developers will start on June 10 and end on June 14. As in recent years, the company is holding a special in-person invite-only event at Apple headquarters. The company continues its tradition of offering WWDC online for free to everyone and is also organizing an in-person event…
Microsoft has reunited Windows and Surface teams under the leadership of Pavan Davuluri
Microsoft has appointed Pavan Davuluri as the new head of the Windows and Surface division. After Panos Panayi’s unexpected move to Amazon, Microsoft split the Windows and Surface groups last year under two different leaders.
Apple lost $113 billion due to «attacks» from EU and US regulators
US Department of Justice has filed a lawsuit against the iPhone manufacturer with allegations of violation of antitrust rules, and the EU is preparing an investigation into non-compliance with the Digital Markets Law.
America v. Apple: a large-scale antitrust trial has begun in the United States
The U.S. Department of Justice has accused Apple of having an illegal monopoly on the smartphone market in a new major antitrust lawsuit that aims to significantly change the Apple iPhone.
lifecell earned 11.7 billion in revenue last year (+24.4%), its subscriber base grew to 9.9 million and the average bill increased to UAH 111
Lifecell has announced its financial and operating results for the fourth quarter of 2023 and the full year. Last year turned out to be a successful one for the company, which managed to increase its revenue and active subscriber base.
Meta, Microsoft, X (Twitter) and Match Group oppose Apple’s intention to charge 27% commission on payments outside the App Store
Several well-known tech companies have joined Epic Games in opposing Apple’s decision to charge fees for iOS payments made outside the App Store. Meta, Microsoft, X (Twitter), and Match Group have filed a legal challenge, which provides some support for Epic’s case.
Intel to receive $8.5 billion to develop production in the US thanks to the CHIPS and Science Act
Under the CHIPS and Science Act, Intel receives a huge amount of assistance from the US government. According to a preliminary agreement reached with the Department of Commerce, the company can receive up to $8.5 billion in direct funding from the government.
Google’s DeepMind co-founder to head Microsoft’s artificial intelligence division
Mustafa Suleiman joins Microsoft to lead the company’s artificial intelligence division, which develops consumer-facing AI products, including Copilot, Bing, and Edge.
Liz Reid has been appointed to head Google’s search division — she previously managed search products with artificial intelligence
Google Search has a new head. This business is headed by Liz Reid, who has been working at Google for more than 20 years. Most recently, she was the head of artificial intelligence-based search, known as Search Generative Experience (SGE).
US regulator accuses Musk of trying to «distort» Twitter takeover investigation
The billionaire is suspected of «fraud» with shares on the eve of the acquisition of Twitter, which could potentially earn him about $150 million.
Epic seeks injunction against Apple’s App Store because external payments are still anti-competitive
Epic Games is not done yet sue Apple. The 2021 decision forced Apple to allow App Store app developers to link to external payment systems, and now Epic has filed a petition with a judge asking him to enforce the decision.
NKEC fines Lifecell for more than UAH 10 million for failing to provide base stations with backup power
The National Commission for the State Regulation of Electronic Communications, Radio Frequency Spectrum and Postal Services (NCCS) has fined mobile operator Lifecell. The reason for this was accusations of failing to comply with the requirements for power supply to base stations in Rivne region. The fine amounted to almost UAH 10.5 million.