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Intel Posts Flat Q1 Revenue, Rolls Out $17.5bn Cost-Cutting Plan

Intel Corporation has reported flat revenue for the first quarter of 2025, prompting the tech giant to unveil a sweeping $17.5 billion cost-cutting initiative aimed at streamlining operations and setting the stage for sustainable growth. According to its Q1 financial report released Thursday night, Intel posted revenue of $12.7 billion (N20.44 trillion), mirroring the figure

India’s TCS posts small profits dip in ‘challenging’ environment

India's TCS posts small profits dip in 'challenging' environment by AFP Staff Writers Mumbai (AFP) April 10, 2025 Indian IT giant Tata Consultancy Services (TCS) reported on Thursday weaker-than-expected results for the March quarter, as lingering demand weakness weighed on the company's operations. TCS, the leader of India's $254 billion IT sector, earns the bulk

Caesars posts largely flat Q1 as digital segment shines again

While Caesars Entertainment's brick-and-mortar business posted softer results, another excellent performance from the digital segment buoyed the operator in Q1. In its results for the three months ended 31 March, published Tuesday, Caesars posted $2.8 billion (£2 billion/€2.5 billion) in group net revenue, up 2% YoY. Adjusted EBITDA grew 4% from $853 million in the

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These cyborg cockroaches could be a lifesaver for people trapped in the rubble following natural disasters

Cyborg cockroaches designed for disaster rescue missions reach targets with a 95% success rate The complete movement and injection sequence achieved 72% success Tiny injectors allow the insects to deliver close-range emergency assistance Engineers in Australia have built small robotic systems around live cockroaches, equipping them with cameras and injectors to reach disaster survivors. Researchers

Micron’s workers want the AI boom bonuses SK Hynix and Samsung already gave theirs

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. Bottom line: The profits of DRAM and NAND manufacturers have skyrocketed since the AI boom drove up demand for memory. After SK Hynix and Samsung awarded their employees generous bonuses from the windfall, union members at Micron are now wondering when

South Korea is giving its entire population free access to AI, no token limits

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. The big picture: South Korea is preparing to offer free generative AI services to its entire population, using the technology to help people handle everyday tasks such as booking medical appointments, finding housing, and sorting out taxes. The program is intended

HP strikes deal with blacklisted Huawei to license essential Wi-Fi patents

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. No Ban: Despite being essentially banned from the US market, Huawei still plays a major role in the global technology industry. The Chinese conglomerate holds several crucial patents and other intellectual property, which is why US corporations continue to do "business"

CW@60: Technology must move businesses forward, not hold them back

Alan Trefler, founder and CEO at Pega, explains why, in the technology industry, it pays to think a few steps ahead By Alan Trefler, Pegasystems Published: 27 Aug 2026 On 22 September 2026, Computer Weekly turns 60. To mark the milestone, we asked some of our friends - experts, parliamentarians, IT leaders and suppliers -