Artificial intelligence advancements continue to be a primary source of optimism for the technology ecosystem and a partial counterbalance to challenges in media and entertainment. Employment data released Friday reflects not only that optimism, but also that wages in the industry are stabilizing ... READ MORE >
Tech employment levels off; layoffs may be shifting toward middle market
Tech employment fluctuations have calmed over the past few months as layoff announcements from large public technology companies slow. Revised seasonal tech employment was 3,095,000 in June, the same figure as in April and May, according to the June jobs report released Friday by the Bureau of ... READ MORE >
AI advancements may be easing impact of tech sector layoffs
Two focus areas in the technology sector so far this year—advancements in generative artificial intelligence and industry layoffs—may be offsetting each other when it comes to their net impact on the tech workforce. From January to April, 135,000 tech workers were laid off (according to Crunchbase), ... READ MORE >
Private equity investment a bright spot for tech, media, telecom companies
In the first 10 months of 2022, private equity investment in technology, media and telecommunication (TMT) companies increased, indicating bright spots in the investment landscape for middle market companies in this sector even though venture capital and private corporate M&A investment activity ... READ MORE >
Could the video gaming and esports industry be at the center of the next economic evolution?: Spring 2022 outlook
At a glance The video gaming and esports sector is currently seeing significant growth and transaction activity, headlined by recent landmark acquisitions by Take-Two and Microsoft. The potential of the metaverse is driving higher valuations for gaming companies, as well as makers of design ... READ MORE >