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Tech startups buckle under pressure of high interest rates

Tech startups faced closures and layoffs in 2023 as the Federal Reserve raised interest rates to a 22-year high. New York Times reporter Erin Griffith joins CBS News to explain what’s going on in Silicon Valley. Source ....

New York , United States , Erin Griffith , New York Times , Federal Reserve , York Times ,

The layoffs that hammered the tech industry

The layoffs that hammered the tech industry
theatlantic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theatlantic.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Hayao Miyazaki , Derek Thompson , Erin Griffith , Roger Lee , Olga Khazan , Federal Reserve , Studio Ghibli , New York Times , Atlantic Daily , Spotify Wrapped , Nick Bunker , Indeed Hiring Lab , Alec Soth ,

Weekly Commentary: Repo Madness: Q3 2023 Z.1

Weekly Commentary: Repo Madness: Q3 2023 Z.1
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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From unicorns to zombies: Tech startups run out of time and money

After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire. ....

New York Stock Exchange , New York , United States , Gabor Cselle , Jenny Lefcourt , Elad Gil , Jose Sarmento Matos Bloomberg , Amanda Peyton , Dan Lewis , Dori Yona , Peter Walker , Erin Griffith , Travis Vanderzanden , Ishita Arora , York Stock Exchange , York Times Service , New York Times , Sarmento Matos , New York Times Service , Zeus Living , Silicon Valley , Freestyle Ventures ,

Microsoft Hires Sam Altman Hours After OpenAI Rejects His Return

The announcement capped a tumultuous weekend for OpenAI, after Mr. Altman made a push to reclaim his job as C.E.O. of the artificial intelligence company. ....

New York , United States , Satya Nadella , Greg Brockman , Ilya Sutskever , Mira Murati , Erin Griffith , Emmett Shear , Kellen Browning , Sam Altman , Tasha Mccauley , Karen Weise , Adam Dangelo , Helen Toner , Tripp Mickle , Elon Musk , New York Times , Sequoia Capital , Adamd Angelo , Appointments And Executive Changes , Board Of Directors , Artificial Intelligence , Computers And The Internet , Tech Industry ,