Tech

Share to Twitter Share to Linkedin The tech industry has been rocked with layoffs over the last six months. Over 150,000 tech workers were laid off as tech companies trimmed the extra workers they hired during the pandemic to handle current and future needs. Many tech companies felt the demand for technology would remain strong after the pandemic wound down. They assumed more work would shift to the home and the need for more digital tools would rise. While this is partly true, and more people are working from home, many companies have instituted in-office work at least three times a week. To a degree, it has diluted the need for additional demand for PCs in the home and other digital resources optimized for in-home work. Add to that the threat of a recession, a slowdown in tech purchasing in the enterprise and consumer markets, and the threat of more layoffs linger. Indeed, as I write this column, Paypal has just laid off hundreds of workers this … [Read more...] about The Light At The End Of The Tech Downturn

Share to Twitter Share to Linkedin The mass tech layoff impacted women across the board and turned the tables in the tech industry. Perseverance and practical advice from experts are needed more than ever, especially for the BIPOC woman in tech. According to Crunchbase , over 58,000 U.S. tech workers have been laid off due to budget and job cuts in 2023. Sadly this is just the beginning, and more layoffs will take place throughout the year. In January, data from layoffs.fyi , shows another wave of layoffs took place with private and public startups across the U.S. workforce. Some notable companies are: Coinbase 2,110 layoff's Amazon 18,000 layoff's Salesforce 9090 layoff's (Google) Alphabet 12000 layoff's SAP 3000 layoff's IBM 3900 layoff's The economy has made a drastic shift to deal with the reality of the tech fast growth mentality and hiring quickly and recklessly. According to Crunchbase , in 2022, when the … [Read more...] about 8 Tips For Black Women Navigating Tech Layoffs

LONDON/SYDNEY  – A global stock rally, powered by hopes of central banks ending aggressive rate rises, ran into roadblocks on Friday following weak earnings from U.S. tech giants and as key U.S. jobs data loomed. The MSCI World Stock Index slipped 0.2 percent, but was still near its highest since last August following a sharp rebound in recent weeks on hopes that central bank rate hikes are nearing an end. Wall Street stock futures fell sharply, with contracts on the tech-heavy Nasdaq 100 2 percent lower, on disappointing earnings from Google, Apple and Amazon. S&P 500 futures slid 0.9 percent. Investors are also watching the fallout from this week’s plunge in shares of India’s Adani group, which continued to nosedive on Friday with market losses amounting to $115 billion in the wake of a U.S. short-seller’s report. In Europe, the Stoxx 600 share benchmark fell 0.6 percent. Germany’s benchmark 10-year bond yield inched 2 basis points (bps) higher to 2.097 percent, having on … [Read more...] about Tech giants call time on stocks rally, U.S. payrolls loom

Share to Twitter Share to Linkedin Yura Lazebnikov, an investor, entrepreneur and expert in technology industries, IT and esports. The Managing Partner of TECHIIA Holding. Interactions between a startup and a corporation can speed up the development of both. I've found it can also harm a startup. I want to remind young teams to consider the perspective of corporations. You need to choose the right way to interact to boost your product and avoid worst-case scenarios. For the purposes of this article, a startup is a tech company with an innovative product, at least a few customers and revenue. It offers a fundamentally new solution to a problem. Often, startups have ten to twenty mobile and flexible employees. A person with a laptop working from coffee shops may well be the founder of such a company. Sometimes a startup is also a group of students who write code for some application in their spare time. I am not discussing this case here. Until … [Read more...] about How Tech Startups And Corporations Can Avail Each Other

Share to Twitter Share to Linkedin Australian-based tech company ALOGIC recently announced a range of new chargers with enough power to charge a laptop, smartphones and other gadgets that make our life on the road a little more bearable. The innovative brand’s new GaN chargers have been made with the digital nomad in mind, so I decided to get a couple of them in for review. The first product to cross my desk was the ALOGIC 67W multi-country GaN wall charger. This compact little unit is small because GaN technology makes it possible to reduce the size of the charger and boost its efficiency, creating less heat. Compared with the old-style silicon technology used in traditional chargers, this latest generation of charging technology is a significant improvement. The ALOGIC 67W multi-country GaN wall charger is ideal for powering and charging phones, tablets and laptops. The kit is housed in a high-quality, zippered textile case that also includes … [Read more...] about Reviewed: These Two ALOGIC GaN Chargers Are Ideal For Travelers

Metaverse is the virtual world that helps people build an intuitive interaction with each other. It requires diverse technologies that provide the platform robustness, flexibility, and scalability. The basic requirement in metaverse development is the amalgamation of hi-tech hardware and software techniques. The technologies like AR/VR, IoT, machine learning, and high-level languages are the top demanding technologies that can level up the users’ experience. Many companies are interested in creating a virtual space like this and are looking forward to experimenting in this space. Also, individuals are highly intrigued in using this technology, especially in the gaming industry. A superb collection of games creates a 3D world where the players feel like they are playing in the real world. This gives a real-life experience of interactivity with fellow players. Understanding The Need For AR/VR In The Metaverse Metaverse is a unique space that gives an immersive experience to the … [Read more...] about Grow Your Business With Metaverse Development

Share to Twitter Share to Linkedin Tech entrepreneurs and companies with digital offerings may choose to expand their offerings to include physical products. An essential first step, of course, is developing an offering that truly addresses a market need. However, a great product alone won't guarantee success, and tech companies must be prepared for the unique challenges that come along with a physical launch. To help, the members of Forbes Technology Council offer 15 expert tips for moving into the physical product space. 1. Gauge Customer Response Although it’s important to get internal buy-in within your organization before moving into the product space, the real key to a successful marketing and sales approach is validating your value proposition within your customer base. Gauging customers’ perceptions and needs can help you tailor your strategy and ensure you’re creating products that deliver real value. - Kevin MacDonald , Bluesight 2. … [Read more...] about 15 Tips For Tech Companies Launching Physical Products

Share to Twitter Share to Linkedin Nagaraju Bandaru is CTO for Mosaic , a leading financing platform for U.S. residential solar and energy-efficient home improvements. With the passing of the Inflation Reduction Act (IRA), the U.S. government is expecting a boom in clean energy jobs . And according to a recent survey conducted by Mosaic, 75% of American adults said they would consider a job in clean energy. While it’s true that sustainable infrastructure initiatives like the IRA are contributing to the growth of this industry, since becoming the CTO of clean energy fintech, I have experienced a much deeper appeal that clean tech jobs hold. This new perspective has changed the way I think about work, so I wanted to share the top five things I have learned since moving into clean tech. 1. Work With Joy According to the old cliche, if you do what you love, you’ll never work a day in your life. But I would take that a step further and … [Read more...] about Five Things I’ve Learned As A CTO Of A Clean Tech Company

How Blockchain is Revolutionizing the Education Industry Blockchain is a powerful technology that has transformed the way companies conduct their businesses. It has revolutionized several industries like finance, healthcare, land documentation, supply chain, and so on. Now, it is entering the education sector. The education sector is embracing this revolutionary tech trend because of the integrity and security it offers. This distributed ledger technology can positively impact the education sector regarding accountability and transparency. Ever since blockchain technology has entered the education industry, the demand for education app development services has augmented, and they have been a perfect match forever. What Is Blockchain? To better understand how blockchain can revolutionize the education sector, let’s first comprehend what blockchain is. Blockchain is a peer-to-peer distributed ledger technology that stores, shares, and secures digital data in a way that is … [Read more...] about Leverage Blockchain with the Best eLearning App Development Services

Share to Twitter Share to Linkedin Honda's revamped Clarity fuel cell sedan is a technological marvel, but hydrogen fuel stations ... [+] remain scarce. (Honda) Honda The dogged persistence Honda has shown in its decades-long quest to perfect hydrogen as a zero-emission replacement for gasoline can be seen as quixotic or futile. But the quirky company that makes motorcycles, lawnmowers, jets, humanoid robots, boat engines and a few million cars soldiers on, along with GM, Toyota and Hyundai, in the face of haphazard government support for hydrogen, minimal consumer awareness and withering critics like Elon Musk , a tireless advocate for Tesla’s battery-powered cars. All the sweat equity Honda engineers have invested in its fuel cell program, year after year, has yielded a remarkable new version of the Clarity sedan, the most compelling argument yet for the potential hydrogen cars still hold. Yet for all its technological sophistication, … [Read more...] about Honda’s Dogged Hydrogen Push Yields A Remarkable New Clarity Fuel Cell Sedan