Insider Intelligence, the research arm of German media conglomerate Axel Springer, is laying off 20 US-based employees and outsourcing their roles to the Philippines, according to internal communications viewed by The Information. The cuts will affect members of the market research provider’s forecasting, research and chart editing teams. “Some context on why we’re doing this: Most of our...
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Google’s Standoff with AI Chip 'Shark' Broadcom
Jim Cramer, CNBC’s “Mad Money” host, took a swipe at our report today that Google has set an internal goal to break from Broadcom, its supplier of artificial intelligence chips. Cramer called the story “patently false” on X. Cramer, who has been particularly bullish on Broadcom lately, is often criticized for dispensing bad advice—for example, telling his viewers earlier this year to buy shares...
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