Software
Atlassian CEO cites AI shift when announcing plan to shed 1,600 jobs
The company expects to incur about US$230 million in expenses such as severance costs due to the cuts
Middle East war jolts oil, dollar gains, Asia tech winners emerge
Geopolitics vs. economics - Middle East conflict drives oil prices and stagflation fears; the safe-haven dollar rises, challenging gold.
AI euphoria: reality check hits the software market
Amid tech stock struggles and 'Software-mageddon' fears, we examine if Nvidia's results will soothe anxieties, also Asia’s chip rally and Japan’s spending risks.
C3.ai to cut 26% of workforce following CEO transition
The software firm has posted a series of underwhelming earnings results
Software maker WiseTech to cut 30% of workforce in AI shift
The job cuts will be made this fiscal year and next
Software companies face higher borrowing costs, tougher scrutiny as AI threatens businesses
No software sector deals in pipeline as firms await trading level recovery
Private software companies release earnings early to calm AI nerves
The software industry has faced a seismic shift as the rapid advance of AI threatens to turn swaths of corporate debt into a burden
The SaaS apocalyse: When fear does the thinking
THE stock market can’t make up its mind. On the one hand, it is fretting over the hundreds of billions of dollars being spent on artificial intelligence (AI) infrastructure.
Salesforce cuts fewer than 1,000 jobs: report
The start of the year has seen massive layoffs across US companies
