Tag: technology companies
Clear cut at tech companies: Silicon Valley is mercilessly making cuts
The wave of layoffs at large US technology companies is unstoppable. After years of growth, companies are preparing for lean times – and evicting thousands of employees. But that doesn’t…
After criticism from shareholders: Apple boss Cook has his salary cut significantly
After criticism from shareholders Apple boss Cook has his salary cut significantly 01/13/2023 10:11 am Last year, Apple boss Tim Cook earned significantly more than the board of directors had…
Old economy displaces tech values: Elon Musk replaced as the richest person in the world
Old economy is supplanting tech values Elon Musk replaced as the richest person in the world By Max Borowski 12/14/2022, 11:15 am Elon Musk’s fortune was worth an astronomical $340…
World’s largest chip company in Taiwan: Buffett buys TSMC shares for four billion dollars
World’s largest chip company in Taiwan Buffett buys TSMC stock for $4 billion 11/15/2022, 10:40 am Star investor Buffett has long shied away from investing in tech stocks. That changed…
Largest single investment: Infineon wants to build a new plant in Dresden
Largest single investment Infineon wants to build a new plant in Dresden 11/14/2022, 6:27 p.m The EU and the federal government are funding the expansion of the chip industry with…
Two weeks after the Twitter takeover: Musk speaks of possible bankruptcy
Billion hole feared Musk doesn’t rule out Twitter’s bankruptcy 11/11/2022 12:39 am Elon Musk’s takeover of Twitter is becoming a debacle. In view of the lack of advertising income and…
Dependency managed: The chancellor is new, but not his China strategy
Managed in dependency The chancellor is new, but not his China strategy By Salome Foltin 11/04/2022, 7:21 p.m Even in the run-up to Olaf Scholz’ trip to China, there was…
Extensive layoffs ?: Musk probably pulls out the red pencil on Twitter
Large layoffs? Musk probably pulls out the red pencil on Twitter 10/30/2022, 6:12 p.m Elon Musk apparently piled up a gigantic mountain of debt when he took over Twitter. Analysts…
Forecast raised: IBM reports robust business – and a mega loss
forecast increased IBM reports robust business – and a mega loss 10/20/2022 7:37 am Despite a strong dollar, business at technology giant IBM is solid. Sales increase in the summer.…
Podcast “Learned something again”: Western software is Russia’s greatest weakness
Despite sanctions, Russia can fill many shelves with illegal imports. But an even more serious problem may be looming: not only iPhones and Playstations, but also oil fields, airplanes and…
Historic mega deal: Siemens brings high-speed trains to Egypt
Historic mega deal Siemens brings high-speed trains to Egypt 05/28/2022, 10:22 p.m Egypt is building a system of express trains. 60 cities are to be connected over a total of…
Plant washes greenhouse gases: “We will get millions of tons of CO2 out of the air”
Plant scrubs greenhouse gases “We will take millions of tons of CO2 out of the air” 03/25/2022, 5:25 p.m Climeworks builds plants that can scrub greenhouse gases out of the…