Belgium has agreed to withhold defence technology from Pakistan, accepting India’s demand during Defence Minister Theo Francken’s New Delhi visit…
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Maldives funnels $630 million in restricted Western tech to Russia
The Maldives has become a key transit hub channeling restricted Western technology to Russia, with imports surging from under $7…
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Meta Tops Silicon Valley Pay at $296,320 Median Despite Mass Layoffs
Meta Platforms led Silicon Valley compensation with a median pay of $296,320 in 2022, even as tech layoffs mounted. Alphabet…
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Europe’s venture capital abandons consumer apps for quantum machines and robotics
Europe’s startup funding is shifting decisively from consumer apps to deep tech, including robotics, semiconductors and quantum computing. The European…
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AI dominates Europe’s €2.7B weekly haul as Helsing lands $1.8B
Europe’s tech sector saw over €2.7 billion flow into 60 funding deals last week, led by Munich defence AI firm…
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Airtable slashes 237 jobs despite $11 billion valuation and cash reserves
Airtable is laying off 237 employees, its second major workforce reduction in under a year, as the San Francisco software…
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Robotaxi firm Cruise cuts 535 California jobs after pedestrian-dragging crash fallout
Cruise is cutting 900 jobs, nearly a quarter of its workforce, including 535 positions across California. The San Francisco robotaxi…
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Europe Fights for AI Sovereignty as American Models Vanish Overnight
Europe’s tech sector grappled with AI sovereignty at Copenhagen’s TechBBQ after Anthropic restricted US users’ access to its Mythos and…
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Salesforce’s new AI agents could trigger widespread customer service layoffs
Salesforce debuted Agentforce at its Dreamforce conference in San Francisco, unveiling autonomous AI bots for sales, service, and marketing. The…
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Tech Layoffs Hit 33,281 in October, Worst Month Since 2003
Tech layoffs surged to 33,281 in October, a nearly sixfold jump from September’s 5,639, according to Challenger, Gray & Christmas.…
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