Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

judge elon musk tesla lawsuit delaware

Judge denies Elon Musk's billion-dollar Tesla pay package for a second time

The requested $6 billion in lawyers' fee was also denied
What just happened? What's worse than having a multi-billion compensation package denied to you by a judge? Having it denied a second time, despite being overwhelmingly re-approved by Tesla shareholders. That's the situation Elon Musk has found himself in after Delaware judge Kathaleen McCormick upheld her original ruling that called the payment excessive. She also denied a request from lawyers who brought the case to be paid $6 billion.
qualcomm intel acquisition

Qualcomm backs off full Intel acquisition, could consider buying select divisions

Regulatory hurdles deter Qualcomm's acquisition plans
In brief: It appears that what could have been one of the largest and most disruptive tech acquisitions in history is not going to happen any time soon, if at all. A new report claims that Qualcomm's interest in acquiring struggling Intel has cooled, partly due to the complexities of such a deal.
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Coding boot camps fight for relevance in the era of generative AI and a shrinking job market

Was Jensen Huang right?
A hot potato: Tech leaders such as Tim Cook spent years telling people that if they wanted a lucrative career in the industry, they needed to learn to code. But the advent of generative AI now means that coding isn't the guarantee of a good job that it once was. The number of active job postings for software developers has dropped 56%, and the number of placements on coding boot camp courses is dwindling.
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Nvidia nearly doubles AMD's R&D budget – Intel's spending dwarfs both, but struggles to compete

As the world's largest company, Apple also leads in R&D spending
The big picture: The competitive strength of hardware makers is often gauged by their research and development expenditure. However, an analysis of recent financial reports from various tech giants reveals that higher R&D spending does not always guarantee success. Intel's recent struggles and Nvidia's astronomical growth driven by the AI boom have broken conventional assumptions.