Latest news and articles about technology companies from NEX English
A recent survey reveals that <strong>71%</strong> of technology companies in Israel are experiencing a significant decline in capital, prompting <strong>10%</strong> of them to implement austerity measures, including unpaid leave for employees.
Broadcom, a leading American semiconductor company, has announced the appointment of Amy Thoener as its new Chief Financial Officer, effective June 12, 2023. This decision follows the retirement of the current CFO, Kirsten Spears.
In a surprising move, a group of private credit firms led by Blackstone has declined to extend financial support to Medallia, intensifying pressure on its owner, Thoma Bravo. This decision comes as Medallia faces significant financial difficulties, necessitating swift action.
The FBI has charged two Iranian sisters with stealing trade secrets related to American technology companies. This act has been described as a deliberate betrayal of trust, posing a threat to the economic security of the United States.
Elon Musk has announced his new project 'Terafab' dedicated to manufacturing custom chips for artificial intelligence and robotics, to be established in Austin, Texas. The initiative aims to meet the growing demand for advanced technologies in space data centers.