Computing

'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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Hackers release millions of Twitter IDs and user information for free

Hackers release millions of Twitter IDs and user information for free

Twitter’s security flaw that allowed hackers to steal millions of user records was patched in August this year, but that hasn’t stopped hackers from posting that data for free online.Photo: Sergey Yelagin (Shutterstock) Twitter’s API once contained a flaw so easily exploitable that hackers managed to capture 5.4 million user details. Now, according to reports …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

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