Month: January 2023

Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide (Ian King/Bloomberg)

Ian King / Bloomberg: Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide  —  Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% …

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North Carolina-based Zift Solutions, whose ZiftOne tool helps companies manage channel marketing, sales, and operations, raised $70M led by Investcorp (Edward Gately/Channel Futures)

Edward Gately / Channel Futures: North Carolina-based Zift Solutions, whose ZiftOne tool helps companies manage channel marketing, sales, and operations, raised $70M led by Investcorp  —  ITP’s investment will help accelerate Zift Solutions’ GTM strategy and continued international expansion.

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Dell acquires Tel Aviv-based Cloudify, a platform for cloud orchestration and infrastructure automation, sources say for ~$100M; Cloudify raised less than $8M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Dell acquires Tel Aviv-based Cloudify, a platform for cloud orchestration and infrastructure automation, sources say for ~$100M; Cloudify raised less than $8M  —  Dell is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: the company is buying Cloudify …

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Elon Musk thinks Twitter is real life

Laura Normand / The Verge This should come as no surprise, but Elon Musk doesn’t see a downside to being extremely online. Asked whether his recent tweets — spreading tawdry conspiracy theories about the attack on Nancy Pelosi’s husband, embracing COVID misinformation, mocking trans people, making groan-inducing, jokes, and exposing himself as a right-wing troll

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Meta plans to reinstate Donald Trump’s Facebook and Instagram accounts in the coming weeks with “new guardrails to deter repeat offenses”, after a two-year ban (Axios)

Axios: Meta plans to reinstate Donald Trump’s Facebook and Instagram accounts in the coming weeks with “new guardrails to deter repeat offenses”, after a two-year ban  —  – “We’ve always believed that Americans should be able to hear from the people who want to lead the country,” Clegg told Axios.

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Meta allows Trump back on Facebook and Instagram

Photo by Joe Raedle / Getty Images Meta announced Wednesday that it will allow former President Donald Trump back on Facebook and Instagram two years after his initial suspension. In a Wednesday blog post, Meta announced that it would reinstate Trump’s accounts sometime over the next few weeks. If Trump once again violates Meta’s content

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IBM plans to lay off about 1.5% of its global workforce, or around 3,900 jobs, focusing on workers who remained after spinning off Kyndryl and Watson Health (Brody Ford/Bloomberg)

Brody Ford / Bloomberg: IBM plans to lay off about 1.5% of its global workforce, or around 3,900 jobs, focusing on workers who remained after spinning off Kyndryl and Watson Health  —  International Business Machines Corp. delivered an upbeat annual sales forecast while announcing it would eliminate about 1.5% …

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Elon Musk’s Twitter is caving to government censorship, just like he promised

Prime Minister Narendra Modi | Getty Images Tech companies — including Twitter — are following the Indian government’s demands to suppress a BBC documentary critical of Prime Minister Narendra Modi. As reported by The Intercept and TechCrunch, Twitter and YouTube both locally blocked The Modi Question, which investigates claims of Modi’s involvement in India’s deadly

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