Tag: Tech News

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For the first time in nearly a decade, the two largest players in online advertising are no longer raking in the majority of U.S. digital-ad dollars, a decline that industry insiders expect to continue in years to come.Alphabet Inc.’s Google and Facebook parent Meta Platforms Inc. accounted for a combined 48.4% of U.S. digital-ad spending in 2022, according to estimates from research firm Insider Intelligence Inc. Their combined U.S. market share hadn’t been under 50% since 2014, said Insider Intelligence, which expects that number to drop to 44.9% this year.  

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“Cryptocurrency is here to stay,” a top Internal Revenue Service law enforcer said, and the tax-collection agency wants to partner with the industry to fight financial crime. The IRS Criminal Investigation division is bringing on hundreds of new agents a year, including many who will be directed to work on digital assets and cybercrime, said Thomas Fattorusso, the special agent in charge of IRS-CI’s New York field office. In the alphabet soup of federal law-enforcement agencies, IRS-CI hasn’t attracted as much attention as its counterparts at the Federal Bureau of Investigation or Drug Enforcement Administration. But the 102-year-old law-enforcement arm of the IRS—whose agents are sometimes affectionately referred to as “accountants with guns”—is one of the top U.S. financial crime en...

It has been a hard few years for smaller gadget startups. It isn’t likely to get easier soon.Last year, the buzz from the CES global tech show in Las Vegas was a futuristic sound system poised to disrupt the audio industry. Created by an Israeli startup, the device used camera-powered head tracking and sophisticated acoustic engineering to beam sound directly to the ears of the listener, and nobody else.

Ukraine has achieved a cut-price version of what the Pentagon has spent decades and billions of dollars striving to accomplish: digitally networked fighters, intelligence and weapons.Kyiv’s improvised web of drones, fighters and weapons, linked through satellite communications and custom software, is giving its soldiers a level of intelligence, coordination and accuracy that has allowed the initially outnumbered and outgunned forces to run circles around Russia’s massive but lumbering armies.

Technology-driven companies across industries have been laying off workers at the fastest pace since the Covid-19 pandemic shocked the global economy in 2020, according to one data tracker.Collectively, employers in the slumping tech sector cut more than 150,000 jobs in 2022, based on estimates from Layoffs.fyi, a website that tracks the events as they surface in media reports and company releases.

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The Southwest Airlines Co. meltdown that stranded thousands of passengers during one of the busiest travel weeks of the year exposed a major industry shortcoming: crew-scheduling technology that was largely built for a bygone era and is due for a major overhaul. During the winter storm, amid a huge volume of changes to crew schedules to work through, SkySolver couldn’t handle the task of matching crew members and which flights they should work, executives of the Dallas-based carrier said.  Southwest’s software wasn’t designed to solve problems of that scale, Chief Operating Officer Andrew Watterson said Thursday, forcing the airline to revert to manual scheduling. Unlike some large rivals with hub-and-spoke networks, Southwest planes hopscotch from city to city, which may have been a...