Saturday, January 20, 2024

Online retailer Wayfair's shares jump on job cuts, upbeat 2024 core profit

The company said the job cuts, which affect 19% 0r 1,650 of its corporate employees, would lead to annual cost savings of $280 million.

from Tech-Economic Times https://ift.tt/uIe9N78

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...