Technology

Schlumberger is cutting staff as virus hits revenue

Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …

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Tech Store: Have we seen our AI future?

Image copyright fake pictures It could be evidence that artificial intelligence has made a huge leap forward and that human writers and software developers will soon be redundant. Or maybe it is just the last example of advertising that is ahead of reality? At this week’s Tech Shop we found …

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