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Computers/Consumer Electronics

Rival Chip Makers Brag About Having the Tiniest Products, but Who Can Tell?

The makers of semiconductors running smartphones, TVs and other electronic gizmos like to brag about the power of their components. They also boast that the chips doing all the complex work are shrinking.The race to miniaturization signals breakthroughs in processing speed or energy consumption and can help win lucrative contracts. But the battle to be the top small-fry has led to big confusion. Chips carry a number tied to the size of its transistors, and, for years, it was believed that the lower the number, the better…

Oracle Lays Off Hundreds of Employees

Oracle Corp. ORCL -0.06% laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions.The job cuts principally hit staff at Oracle’s advertising and customer experience group, the people said. The group sells services to help clients analyze data about their customers and target advertising to those customers. Oracle’s job cuts come as the…

Databricks Says It Has Surpassed $1 Billion in Annualized Revenue

Databricks Inc. says it has topped $1 billion in annualized revenue, a milestone that comes as the nine-year-old data analytics company looks to acquire other tech startups to drive growth. Co-founder and Chief Executive Ali Ghodsi said he has no immediate plans for a public market debut or to raise another round of investor funding, adding that the San Francisco-based company has enough cash to see it through a prolonged recession. Databricks,... Databricks Inc. says it has topped $1 billion in…

Amazon Buying Roomba Maker iRobot for $1.7 Billion

Amazon.com Inc. AMZN -0.79% is buying Roomba maker iRobot Corp. IRBT 19.21% for $1.7 billion, including debt, as the online retailer adds another connected-home product to its portfolio. Amazon on Friday said it is paying $61 a share for iRobot in an all-cash deal. The price represents a 22% premium to iRobot’s closing price of $49.99 on Thursday. iRobot…

Big Tech Is the West’s Surprise Weapon in Competition With Russia, China

In February, Ukraine passed a law allowing private cloud providers to host government data outside its borders, then struck contracts with Amazon Web Services, Microsoft Corp. , Oracle Corp. and Alphabet Inc.’s Google.Days later Russia invaded, and a missile destroyed a data center in Kyiv where information had been stored, said Mykhailo Fedorov, Ukraine’s minister of digital transformation.  “All of the backups were already…

WeWork Joins Rush of Tech Companies Into Office Software as Its Shares Sag

WeWork Inc. is hoping to boost its drooping share price by joining the growing number of technology companies selling apps, data tools and other software to landlords and office tenants trying to adjust to the new world of hybrid workplaces.Nine months after going public, the shared-workplace operator in July officially launched a service named WeWork Workplace, which includes the software tools that WeWork has been using to power its scores of locations. For the first time, WeWork is now…

Reliance’s $11 Billion Bid Wins Lion’s Share of 5G Spectrum in India Auction

NEW DELHI—Reliance Group emerged as the biggest buyer in the Indian government’s first auction of 5G spectrum, offering about $11 billion over 20 years for the rights to airwaves as it seeks to cement its leading position in the world’s second-biggest wireless market with a rapid rollout of the technology. The acquisition by Reliance Jio Infocomm Ltd. of 24,740 megahertz of airwaves across multiple bands represented more than half the $19 billion of commitments received by the government after a week of bidding that ended…

How Cyber Chiefs Cut Through Marketing Noise

Hundreds of cybersecurity companies compete for attention from chief information security officers through email solicitations, cold calls and tech conferences.Here are five strategies corporate security chiefs use to weed out unsuitable cyber providers.Email filters “As a CISO, the deluge of marketing and solicitation from cybersecurity startups was intense,” said Jerry Perullo, a cybersecurity management consultant who was CISO of New York Stock Exchange owner…

What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’

Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy, supply chain and advertising markets, among other topics. “Going back to your question on whether we’re seeing any slowdown in spending by lower-income consumers: No, we’re not. We keep looking for it, because we’ve heard some other people say it, and we’re not seeing any evidence of that. your second question…affluent spending has been on the rise and is one of the reasons why we’ve seen some of the…