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The Latest Breaking News on Big tech

Amazon to cut another 9,000 jobs in new round of layoffs

Redundancies to take place mostly in cloud services, advertising and Twitch livestreaming units

The Guardian - UK

Amazon to lay off 9,000 more employees as Big Tech continues shedding workforce

Amazon is eliminating roughly 9,000 more positions to make the company leaner. This follows its previous move to lay off 18,000 employees.

Android Central

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

The job cuts would mark the second-largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.

Chicago Sun-Times

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A mobile gaming subscription war looms as Netflix sets its sights on Apple Arcade

Apple, Microsoft, and Netflix are on a collision course in the world of mobile gaming if third-party app stores are allowed on iOS.

iMore

iPhone 15 Pro leak reveals design change 16 years in the making

A new iPhone 15 Pro leak has revealed Apple plans to ditch its famous mute switch in favor of a button.

iMore

Microsoft Gaming CEO Phil Spencer talks 'huge opportunity' for Xbox mobile store, which may arrive in 2024

Microsoft Gaming CEO Phil Spencer has offered additional comments on the opportunity Microsoft has coming up in mobile gaming.

Windows Central

Apple could avoid damaging layoffs thanks to these key decisions

Apple is reportedly making changes to product plans and more in an attempt to avoid laying off employees as its competitors fire people by the thousands.

iMore

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Microsoft seeks EU nod for Activision Blizzard bid

BRUSSELS: Microsoft said on Friday that it has offered formal commitments to the EU in its bid to persuade the bloc to approve its $69-billion takeover of the video game giant Activision Blizzard.

Bangkok Post

Apple Stock Shows Rising Relative Strength; Still Shy Of Key Threshold

Apple shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

PlayStation 6 Release Plans Potentially Revealed, Thanks to Microsoft

Sony claims Microsoft “has offered to continue making Activision’s games available on PlayStation only until 2027.”

Inverse

Best Apple deals for the Amazon Spring Sale 2023: Offers on Airpods, Macbooks and more

The Apple doesn’t fall far from the discount tree

Evening Standard

Wall Street Firm Turns Bearish On Apple Stock; Here's Why

A Wall Street firm turned bearish on Apple stock on Friday, downgrading shares to sell from neutral.

Investors Business Daily

Microsoft is promoting the Activision Blizzard deal in ads now

Microsoft’s latest efforts at courting positive opinion for the Xbox Activision deal include running at least one print ad promoting it

USA Today Sports Media Group

Sony says Microsoft may make Call of Duty on PlayStation unplayable

Sony believes Microsoft’s promise for parity between Call of Duty on PlayStation and Xbox may not amount to much.

USA Today Sports Media Group

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The Street

Amazon Stock: Back Up to $100 or Down to $80?

Like Apple and Amazon, Amazon stock bottomed in early January. It has struggled for traction since, and investors wonder what's next.

Investors Business Daily

Apple Stock Gets Price-Target Hike On Stable iPhone Demand

Supply chain checks in Asia bode well for Apple iPhone demand this quarter, a Wall Street analyst said.

Kiplinger

If You'd Put $1,000 Into Apple Stock 20 Years Ago, Here's What You'd Have Today

Apple stock is trading below record levels, but then AAPL has been a buy-and-hold winner for the ages.

Tribune News Service

Microsoft cuts another 689 Seattle-area jobs amid cost reductions

Microsoft laid off another 689 workers from its Seattle-area offices Monday, the latest move by the Redmond, Washington-based tech giant to trim costs amid an industrywide post-pandemic slump.

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Investors Business Daily

Apple Stock Gets Bullish Rating Amid Shift To Apple-As-A-Service

Apple stock jumped on Monday after getting its second bullish report from a Wall Street brokerage in as many trading days.

The Street

Can Apple Stock Break Out as It Nears Key Resistance Area?

Apple stock has traded well lately but it's nearing a key resistance area. Let's check the charts for a potential breakout.

Zenger

Federal Trade Commission Attempting A Lawsuit Against Microsoft Over Antitrust Issues

PlayStation owner Sony Group Corp has been vocal in its attempt to block rival Microsoft Corporation buying Activision Blizzard.

Daily Mirror

Three women, all 20, missing for two days after night out as family fears grow

Sophie Russon, Eve Smith and Darcy Ross, all from Newport, Wales, were at the Muffler bar and club until the early hours of Saturday morning as their worried family appeal for information

Investors Business Daily

Apple Stock Has 5 Underappreciated Catalysts In The Year Ahead, Analyst Says

Apple stock has five underappreciated catalysts that could drive it higher over the next 12 months, according to investment firm Morgan Stanley.

Axios

Amazon pauses construction on second HQ in Virginia

The pause comes after the tech giant announced massive job cuts.

Investors Business Daily

Innovation, Stock Highs, Big Shifts Define The 'N' In CAN SLIM

"New" is intrinsically exciting. The potential of something new feels limitless and captivating. In CAN SLIM, IBD's seven-point investing paradigm, N is for "new" and is a crucial element of how to buy stocks. It may mean a new product or service, new management, new stock price highs, or new…

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