Amazon.com is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday, in what would amount to its biggest such reduction to date.

Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users.

The growth is expected to temper in 2023 due to challenging macroeconomic conditions but is forecast to rebound in the years that follow on strong demand for semiconductors used in data center, automotive and industrial applications.

"I think that Elon Musk's cooperation and or technical relationships with other countries is worthy of being looked at," Biden told reporters Wednesday while speaking about the midterm election results.

Tech leaders who spent years eagerly adding to their staffs are now lining up to deliver a different message: Sorry, we grew too fast.

Apple has announced it will invest $450 million from its Advanced Manufacturing Fund to develop the infrastructure that allows off-grid backpackers to call for help when outside mobile coverage.

Toshiba, which is exploring options for a buyout, cut its profit forecast for the year ending March to 125 billion yen from 170 billion yen.

Meta Platforms is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be the largest round in a recent spate of tech job cuts after the industry's rapid growth during the pandemic.

Beijing's censors have removed viral videos circulating on Chinese social media showing workers at the Zhengzhou facility in central China asking for supplies. Two workers told the Financial Times that the factory failed to deliver food regularly to staff under quarantine.

Marvell Technology is eliminating some roles in China as part of a realignment of its global research and development investments, the company said on Thursday.

Chinese cities from Wuhan in central China to Xining in the northwest are doubling down on COVID-19 curbs, sealing up buildings, locking down districts and throwing millions into distress in a scramble to halt widening outbreaks.

Twitter's workforce is likely to be hit with massive cuts in the coming months, no matter who owns the company, interviews and documents obtained by The Washington Post show, a change likely to have major impact on its ability to control harmful content and prevent data security crises.

The latest US salvo in the chip war against China will set back its domestic chipmakers by generations, while global suppliers of semiconductors and fab tools will incur billions of dollars in lost sales because of a giant dent in demand out of China.

Intel is planning on announcing "targeted" layoffs in November, according to a report late Thursday, citing an internal video shared with employees.

Lead times - the gap between when a chip is ordered and when it is delivered - averaged 26.3 weeks in the period, according to research by Susquehanna Financial Group. That compares with nearly 27 weeks the prior month.

American workers hold key positions throughout China's domestic chip industry, helping manufacturers develop new chips to catch up with foreign rivals. Now, those workers are in limbo under new US export control rules that prohibit US citizens from supporting China's advanced chip development.

The iPhone manufacturing hub of Zhengzhou locked down one of its most-populated districts to tame a virus flareup, with creeping restrictions throughout China underscoring the constant threat of disruption companies face while the country sticks to Covid Zero.

US regulators will investigate units of Samsung, Qualcomm and TSMC over certain semiconductor devices and integrated circuits and mobile devices using those components, the U.S. International Trade Commission said on Friday.

ASML told its employees in the US to refrain from servicing customers in China following new regulations from the Biden administration, according to an internal email sent to staff.

US chip toolmaker KLA will cease offering some supplies and services from Wednesday to China-based customers including South Korea's SK Hynix in compliance with recent US regulations, a source familiar with the situation said on Tuesday.

Shares in major Asian computer chipmakers have slumped after the US announced tough new measures to restrict sales of technology to China. The US said it will ban American firms from selling certain chips used for supercomputers and artificial intelligence to Chinese firms.

Taiwan Semiconductor Manufacturing Co. reported higher-than-expected quarterly revenue, signaling the chip giant is benefiting from market share gains to weather an industry slowdown.

The US Department of Commerce (DoC) added limits on exports of chips and related production tools to China, citing national security concerns. Following the announcement, US Senate Majority Leader Chuck Schumer noted he is pressing for further restrictions.

While Meta funnels billions into CEO Mark Zuckerberg's pitch for the metaverse, Apple CEO Tim Cook thinks most people couldn't even define the metaverse, let alone spend long periods of time living their lives inside of it.

Top US lawmakers are urging the Biden administration to put Chinese semiconductor company Yangtze Memory Technologies on a blacklist for allegedly violating export controls by supplying Huawei.

Nvidia reportedly refused to reveal basic pre-launch information about its PC graphics card to partners like EVGA, making it diffcult for them to prepare.

Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has said.

Most people may live out their digital lives with the assumption they can delete their posts, messages and personal data from services whenever they choose. But a tech hearing this week threw that core assumption into question.

Tech giants currently under investigation by the EU are unlikely to be calmed by the General Court's judgment, especially with the Digital Markets Act (DMA) set to come into force next year.

Intel first debuted the Pentium brand name almost 30 years ago, and the Celeron range of CPUs about 25 years ago. Since the rise of the Core series in 2006, they've both been assigned to low-cost budget CPUs, often featured on budget laptops and desktops. As of 2023, they're both disappearing: Intel's low-end laptop offerings will simply be labeled "Intel Processor" with a new iteration of the Intel Inside logo.

Apple's iPhone 14 models contain a Qualcomm chip that can talk to satellites, but have additional custom-designed Apple components used in the phone's biggest new feature, according to an analysis of the phone by iFixit and an Apple statement.

Tighter restrictions on US semiconductor and equipment sales are set to test China's artificial intelligence superpowers as Washington removes a key plank of next-generation technological development.

The European Central Bank has announced a record rise in eurozone interest rates as it seeks to fight inflation. Prices in the bloc are rising at the highest pace for half a century as energy costs soar.

Republican lawmakers have warned Apple that it will face intense scrutiny from Congress if the California company procures memory chips from a controversial Chinese semiconductor manufacturer for the new iPhone 14.

The US government is loosening restrictions on the sharing of technology with blacklisted firms, seeking to maintain America's lead in setting international standards as China closes the gap.

The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.

Apple CEO Tim Cook credited Steve Jobs with making privacy a top priority at the company and said he largely still runs the tech giant in the manner of its late co-founder.

A Reuters review of more than a dozen publicly available government tenders over the past two years indicated that among some of China's most strategically important research institutes, there is high demand - and need - for Nvidia's signature A100 chips.

Volkswagen and Foxconn Technology Group are keeping their workers on-site in their factories in Chengdu after the Chinese metropolis locked down its 21 million residents to contain a Covid-19 outbreak.

European Commission regulators have suggested that smartphones and tablets sold there offer 15 different kinds of spare parts for at least five years, as part of a broad effort to lessen their environmental impact.