Technology

Philippe Wojazer | Reuters Alexander Ljung, SoundCloud CEO Music streaming service SoundCloud on Thursday said that it cut 173 jobs, or 40 percent of its staff, as it seeks to become profitable. SoundCloud also said it has consolidated its employees into two offices — the Berlin headquarters and New York. …

Stephen Lam | Reuters Tim Cook, CEO, speaks during Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. Apple is gearing up to launch three new iPhones in 2018, according to Japanese financial news outlet Nikkei. Previous reports said Apple plans three new iPhones …

Qilai Shen | Bloomberg | Getty Images Ofo bicycles sit parked on a sidewalk in Shanghai, China. Chinese bike-sharing startup Ofo has set its sights on global expansion, saying on Thursday it raised over $700 million in a funding round that included Jack Ma’s Alibaba Group. The funding round was …

Robert Daemmrich Photography | Corbis | Getty Images A worker at an Amazon shipping center in Schertz, Texas. Amazon announced it will be creating 1,500 full-time jobs at its Salt Lake City, Utah fulfillment center on Wednesday. “We are excited to continue growing our team with the first fulfillment center …

VCG | Getty Images Xiaomi CEO Lei Jun introduces Surge S1 chipset, Mi 5C smartphone and Redmi 4X smartphone during a press conference on February 28, 2017 in Beijing, China Finland’s Nokia and Chinese smartphone maker Xiaomi announced an agreement on Wednesday to cross-license patents from each other, which will …

Rob Engelaar | AFP | Getty Images A laptop displays a message after being infected by ransomware as part of a worldwide cyberattack on June 27, 2017. Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a government report said …

Getty Images Satya Nadella, chief executive officer of Microsoft, speaks during a Microsoft launch event to introduce the new Microsoft Surface laptop and Windows 10 S operating system, May 2, 2017 in New York City. Microsoft is reportedly planning to lay off thousands of employees around the world, according to …

Lucy Nicholson | Reuters The Ground-based Midcourse Defense element of the U.S. ballistic missile defense system launches during a flight test from Vandenberg Air Force Base, California, U.S., May 30, 2017. The former director of a U.S. intelligence program that helped Ronald Reagan improve America’s missile defenses has lashed out …

Kai Pfaffenbach | Reuters A booth of Micron Technology at an industrial fair in Frankfurt, Germany, July 14, 2015. Shares of Micron Technology fell on Friday, dragging the broader chips sector lower. The iShares PHLX Semiconductor exchange-traded fund (SOXX) slipped 0.2 percent, with Micron falling about 4 percent to lead …

Lucas Jackson | Reuters Traders work on the floor of the Exchange ahead of the Blue Apron IPO on the New York Stock Exchange in New York, June 29, 2017 First Blue Apron, now Tintri. It’s been a lousy week for tech initial public offerings, so rough for Tintri that …