Latest news with #techcompany
Wall Street Journal
6 hours ago
- Wall Street Journal
The $1,999 Liberty Phone Is Made in America. Its Creator Explains How.
It is possible to build a smartphone in the U.S. right now. But it won't be as sleek or as powerful as an iPhone, and it will cost a lot more. Todd Weaver's company, Purism, developed the Liberty Phone, the closest anyone has gotten. It has specs that would have been more impressive a decade ago, and it costs $1,999.
Yahoo
6 days ago
- Business
- Yahoo
Same Role, Same Experience—One Tech Worker Found Out Colleague Made Nearly Double The Money. It Could End Up Badly For One Of Them
A tech employee recently discovered a jaw-dropping pay gap between them and a colleague with the same title and similar experience. While they earn $60,000 a year, their coworker, 'John,' makes $115,000. The two work at a large tech company, and the disparity sparked a flood of advice and opinion on Reddit. The original poster explained that they lead two teams—including one that the poster built from scratch—while John is just a member of one. They have been at the company for two years; John has been there for three. The key difference is that John came from a startup that was acquired by the tech giant, keeping his original salary intact. The poster, on the other hand, was hired post-merger through a staffing agency. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can 'He was hired as part of a startup that was bought by this tech company,' OP wrote. 'As such, his higher pay carried over after the merge. I was hired after the merge through a staffing agency.' OP later updated the post to add: 'I found out today that the company is trying very hard to find a reason to get rid of John, which is at least partially because he makes so much. Maybe our pay difference was for the best lol!' This revelation added a surprising twist to the situation. While OP may be underpaid, John's inflated salary appears to have made him a target. Many companies are always looking for ways to cut costs. If they think someone is overpaid and replaceable, some start building a case to get rid of them. What started as a frustrating realization for OP might ultimately end in job loss for John. The title of 'highest-paid peer' can sometimes come with a bullseye. Trending: Invest where it hurts — and help millions heal:. Commenters were quick to point out a harsh truth: negotiating power is everything. 'Apply to another job and get an offer. Use that offer to negotiate higher pay at your current job. Then—maybe—take the new job, it might be time to move in a new direction,' one commenter advised. Another added, 'There is no maybe. Take the new job.' Many echoed the same idea: internal raises tend to be small, and significant jumps usually come by switching employers. Others cautioned that bringing up John's name directly in negotiations would be a mistake. 'Try to negotiate a raise and don't bring John up in any way, shape or form,' someone warned. 'You now know how high the ceiling is and they don't know that you know. Use that to your advantage.'Many highlighted how hiring timing and negotiation skills play a bigger role than job performance. John kept a premium salary due to his previous startup role, while OP started at the lower end because of agency involvement and timing. '60k in tech is low, and that has nothing to do with the 'pay gap,' it's just low, period,' one compensation expert wrote. 'You should be looking and interviewing, and the same would be true if you didn't have a better-paid colleague.' Some speculated that John's days may be numbered. 'If they had someone that they thought was capable of doing John's job for $60k, they would fire John today and hire that person,' a person foreshadowed what could happen before the post was updated. The overwhelming consensus is not to count on your company to fix pay discrepancies. Use market research, get external offers, and be willing to leave. 'You're only as valuable as someone is willing to pay you,' one person summarized. Read Next: Here's what Americans think you need to be considered wealthy. Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Same Role, Same Experience—One Tech Worker Found Out Colleague Made Nearly Double The Money. It Could End Up Badly For One Of Them originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
12-06-2025
- Business
- Zawya
Yango Group upgrades its AI assistant Yasmina
Dubai, UAE - Yango Group, a global tech company, significantly upgraded the LLM powering its AI assistant, Yasmina, to deliver more accurate, in-depth, and context-aware responses in both Arabic and English. The upgrade is part of a gradual rollout of YangoAI, a suite of AI features and technologies adapted and localized to meet the specific needs of regional users, powering a wide range of the company's products and services, including Yasmina. The AI assistant now provides 38% more relevant and up-to-date answers in Arabic, thanks to its enhanced ability to analyze web documents. The new LLM has also enabled smoother conversational interactions and reduced the number of unnecessary refusals in answers by almost 50%. In addition to more robust language processing, the new LLM increases Yasmina's effectiveness as a multilingual AI assistant. One of the most notable advancements is the assistant's ability to handle translation. This feature empowers bilingual users, language learners, educators, and content creators in the region to accurately translate their speech between Arabic and English. Yasmina now delivers more contextual, actionable recommendations on everyday activities and lifestyle choices. For example, you can ask the assistant for recommendations on how to spend time in Dubai, combining modern and heritage-related activities. Whether asking for information on an array of subjects or breaking down complex concepts from history to blockchain, the assistant demonstrates enhanced clarity and precision in every response. The AI assistant's improved capabilities also extend to assisting individuals and professionals with daily tasks and content creation in Arabic and English. It enables real-time currency conversion and guides young adults to independently solve their homework, fostering critical thinking and reasoning skills. Yasmina can also help brainstorm ideas, craft poems and bedtime stories, and suggest riddles for children. 'With more precise and culturally aware responses, along with additional skills, Yasmina's latest upgrade positions it as a trusted everyday companion for diverse needs. From creative storytelling to translation, we are enriching lives with human-centred AI and making innovation more accessible to all. As the region embraces digital transformation, we continue to enhance our AI assistant, aiming to make it even more helpful, versatile, and relevant,' said Rami Abu Arja, Senior Innovation Marketing Manager at Yasmina, Yango Middle East. YangoAI is powering technology that is fine-tuned and continuously trained on region-specific data. This allows Yango Group's services to better reflect local culture and user expectations across the Middle East. Users can learn more about the upgraded Yasmina, powered by YangoAI, on and experience it firsthand through the company's smart speakers. About Yango Group Yango Group is a tech company that transforms global technologies into everyday services tailored for local communities. With an unwavering commitment to innovation, we reshape and enhance leading cutting-edge technologies from around the world into seamlessly integrated daily services for diverse regions. Our mission is to bridge the gap between leading world innovations and local communities, fostering connections and enhancing everyday living experiences.
Globe and Mail
11-06-2025
- Business
- Globe and Mail
Why Snap Stock Was a Winner on Wednesday
Social media company Snap (NYSE: SNAP) saw its share price creep higher on Hump Day, thanks mainly to the announcement of a new product. The company will face some stiff competition, however, so the market's bullishness was guarded; the stock only rose by 1.2% on the news. That was good enough to beat the S&P 500 (SNPINDEX: ^GSPC), though, as that indicator fell by 0.3% on the day. Seeing the launch of a new product Toward the end of Tuesday's trading session, Snap announced that it is launching a new line of tech-enhanced eyeglasses called Specs. In the announcement, made at this year's annual Augmented World Expo, the company said the rollout would occur next year. It did not get more specific. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » It did promise several attractive features of the upcoming augmented reality (AR) products, including artificial intelligence (AI) assistance, social connectivity, and a virtual workstation in case users feel like being productive and not playful. In its official press release touting the eyewear, Snap co-founder and CEO Evan Spiegel said, "We believe the time is right for a revolution in computing that naturally integrates our digital experiences with the physical world." "We couldn't be more excited about the extraordinary progress in artificial intelligence and augmented reality that is enabling new, human-centered computing experiences," he added. Specs is the continuation of the company's digitally enhanced glasses product line, Spectacles. It introduced the first Spectacles in 2016. A Meta challenge There's a big mountain to climb here, though, and that belongs to Meta Platforms (NASDAQ: META). Nearly two years ago, Snap's social media rival introduced its Ray-Ban Meta smart glasses, with the product earning generally positive reviews, especially for its feature set. Snap will have to keep on its toes to carve out meaningful share in this still-limited market. Should you invest $1,000 in Snap right now? Before you buy stock in Snap, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Snap wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,102!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $882,344!* Now, it's worth noting Stock Advisor 's total average return is996% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
CTV News
11-06-2025
- Business
- CTV News
Google offers buyouts to staff in latest round of cost cutting
A sign is displayed on a Google building at their campus in Mountain View, Calif., Sept. 24, 2019. (AP Photo/Jeff Chiu, File) Google has offered buyouts to staff in several divisions in a fresh round of cost cutting, according to reports from several news outlets. It's not clear how many employees are affected, but the offers were made to staff in Google's search, advertising, research and engineering units, according to the Wall Street Journal. 'Some of our teams introduced a voluntary exit program with severance for US-based Googlers, and several more are now offering the program to support our important work ahead,' the company said in a statement to the newspaper. The tech company started trimming its headcount in 2023, when it announced that it was laying off 12,000 staff as the economic boom that fuelled demand for online services during the COVID-19 pandemic started to fade. The Associated Press
