Peloton has cut 11% of its global workforce, a significant reduction aimed at slashing costs. The layoffs, announced by CEO Peter Stern, heavily impact engineering teams working on technology and enterprise projects.
Samsung’s next flagship might finally catch up to Google’s Pixels on a key power-user feature. Log files from a Galaxy S26 Ultra show support for the required Android Virtualization Framework. This could open up a world of development tools on a Samsung phone.
Stellantis is rolling out autonomous inventory-scanning robots from Dexory across multiple North American assembly plants. The robots can map over 36,000 square feet of warehouse space in under an hour, providing real-time part visibility. The goal is to prevent line stoppages by catching part short
A new report details a fresh wave of departures from Apple’s AI and Siri teams. The exits include researchers heading to Meta and Google DeepMind, plus a senior Siri executive.
Sumitomo Mitsui Financial Group (SMFG) posted strong third-quarter earnings, with net profit rising 12% to 461 billion yen. The bank is sticking with its upgraded annual profit forecast of 1.5 trillion yen, a target it’s already 93% of the way to hitting with one quarter left.
Ubuntu Pro provides extended security maintenance for up to 15 years and live kernel patching without reboots. For most home users, it’s an optional perk, but veteran home labbers might find real value in its stability guarantees.
European leveraged loan issuance hit a record €26.5 billion this week as companies seized on strong investor demand to slash borrowing costs. However, the rush to refinance is squeezing returns for some investors, and fears over AI disruption are already derailing deals for software firms like Team.
The 2026 State of the Game Industry Report reveals a sharp rise in developer skepticism towards generative AI tools. While usage is up, negative sentiment is growing even faster, with many fearing its impact on creative roles.
Nokia is betting big on AI and data center switching, but CEO Justin Hotard warns it’s a slow ramp. While optical networking grew 17%, overall profits fell and the core mobile business is struggling for growth.
Apple CEO Tim Cook recently highlighted a $600 billion commitment to US manufacturing and AI. According to AppleInsider, however, the vast majority of that money was announced back in February 2025, largely as a political gesture. The report argues Apple has long invested in the US, just with less f
