Intel Forecast Spurs Expense and Jobs Cuts

April 24, 2025, 4:35 pm

Intel’s latest earnings report revealed a gloomy outlook, prompting plans to trim operational, capital expenses and workforce cuts. The disappointing guidance sent investors scrambling for reassurances, as the chip giant grapples with slowing demand and competitive pressures. A series of reports confirm that internal management isn’t sparing any expense cuts—even if it means more layoffs.

cnbc.com / Intel issues weak guidance, says it will slash expenses this year

bloomberg.com/technology / Intel (INTC) Delivers Disappointing Forecast, Moves to Slash More Jobs - Bloomberg.com

permalink / 2 stories from 2 sources in 0 hours ago #earnings #intel #semiconductor #restructuring #ceo +

VW and Uber join forces for US robotaxi rollout

April 24, 2025, 8:20 am

Volkswagen and Uber announced an ambitious collaboration to launch a commercial robotaxi service in the US, with plans to deploy autonomous electric vehicles in Los Angeles by late 2026. This joint venture marks a bold step towards transforming urban mobility through self-driving technology.

Bluesky: @jonkeegan.com, @seanokane.bsky.social

cnet.com / Uber and VW Team Up to Bring Robotaxis to a US City Near You

theinformation.com / Uber and Volkswagen’s Autonomous Mobility Subsidiary Ink Robotaxi Deal - The Information

pulse2.com / RYT.io: CEO & Co-Founder Steve Durbin On Building The Future Of Layer-1 Blockchain

permalink / 7 stories from 6 sources in 8 hours ago #robotaxis #electric-vehicles #autonomousvehicles #uber #volkswagen +

Discord leadership shakeup fuels executive transition

April 23, 2025, 1:20 pm

In a major internal shakeup, Discord’s co-founder Jason Citron is stepping down as CEO after 13 years, making way for former Activision Blizzard exec Humam Sakhnini. This leadership change marks a pivotal moment for the platform as it navigates the heightened expectations of its evolving digital landscape.

Reddit: r/technology

Bluesky: @tomwarren.co.uk

techinasia.com / Social platform Discord appoints new CEO as co-founder steps down

theinformation.com / Discord Co-Founder Jason Citron Steps Down as CEO - The Information

cnbc.com / Discord names new CEO ahead of potential IPO as co-founder steps down

permalink / 8 stories from 8 sources in 27 hours ago #gaming #leadership #social-media #ipo #startup +