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US layoffs surge 7% to reach 14-month high amid govt, tech cutbacks | World News

April 4, 2024 by buzzluv.com

[ad_1] U.S. layoff announcements rose 7% in March to the highest since January 2023, led by technology and government-sector job eliminations, though cuts announced year to date are down 5% from a year ago amid a still-strong job market, a report out on Thursday showed. Job cut announcements increased to 90,309 in March … Read more

Huawei chip breakthrough used technology from two US gear suppliers | World News

March 8, 2024 by buzzluv.com

[ad_1] Huawei (Photo: Bloomberg) Huawei Technologies Co. and its partner Semiconductor Manufacturing International Corp. relied on US technology to produce an advanced chip in China last year, according to people with knowledge of the matter. Shanghai-based SMIC used gear from California-based Applied Materials Inc. and Lam Research Corp. to manufacture an advanced 7-nanometer … Read more