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Milestone alert: Facebook now has around a quarter of the world’s population, with 2 billion users
3 min read

Milestone alert: Facebook now has around a quarter of the world’s population, with 2 billion users

02-Feb-2023
The number of Facebook users reached two billion in December 2022, accounting for roughly a quarter of the world’s population. This comes after Facebook founder and CEO Mark Zuckerberg declared that 2022 was a “challenging” year for his company. This higher-than-expected increase contributed to renewed optimism about the corporation, which has been under pressure as […]
02-Feb-2023 Business
Amazon threatened workers and broke union labor laws, rules US judge
2 min read

Amazon threatened workers and broke union labor laws, rules US judge

01-Feb-2023
A US national judge ruled against Amazon for breaking union labor laws and threatening NYC warehouse workers for their attempt to unionize. Read to know more about the ruling. Judge rules against Amazon for breaking labor laws A judge from the National Labor Relations Board (NLRB) on Monday ruled against Amazon for treating workers if […]
01-Feb-2023 Business
‘We’re not robots’: UK Amazon workers unhappy with minimal raise go on strike
4 min read

‘We’re not robots’: UK Amazon workers unhappy with minimal raise go on strike

27-Jan-2023
A few hundred Amazon warehouse workers in the United Kingdom (UK) walked out on Wednesday (January 25) over a 5% salary raise, which is less than half the current inflation rate. This is the company’s first strike in the United Kingdom. The warehouse is in Coventry, England, and the workers there held a banner that […]
27-Jan-2023 World
‘We’re not robots’: UK Amazon workers unhappy with minimal raise go on strike
4 min read

‘We’re not robots’: UK Amazon workers unhappy with minimal raise go on strike

27-Jan-2023
A few hundred Amazon warehouse workers in the United Kingdom (UK) walked out on Wednesday (January 25) over a 5% salary raise, which is less than half the current inflation rate. This is the company’s first strike in the United Kingdom. The warehouse is in Coventry, England, and the workers there held a banner that […]
27-Jan-2023 Business
IBM cuts 3,900 jobs, misses annual cash target
3 min read

IBM cuts 3,900 jobs, misses annual cash target

26-Jan-2023
IBM Corp announced 3,900 layoffs as part of asset divestments on Wednesday, and missed its annual cash target, dampening optimism about exceeding revenue estimates in the fourth quarter. Chief Financial Officer James Kavanaugh told Reuters that the corporation was still “dedicated to hiring for client-facing research and development”. The layoffs will result in a $300 […]
26-Jan-2023 Business
Ad expenditure on Twitter falls by more than 70% in Dec – Data
2 min read

Ad expenditure on Twitter falls by more than 70% in Dec – Data

25-Jan-2023
According to statistics from an advertising research agency, advertising spending on Twitter Inc fell by 71% in December, as prominent advertisers cut their expenditure on the social-media network following Elon Musk’s takeover. The latest Standard Media Index (SMI) data comes as Twitter attempts to reverse the advertiser exodus. It has launched a host of steps […]
25-Jan-2023 Business
Microsoft confirms investing millions in ChatGPT creator
3 min read

Microsoft confirms investing millions in ChatGPT creator

25-Jan-2023
Microsoft confirmed its “multibillion-dollar” investment in OpenAI, the creator of ChatGPT, the viral chatbot. Read to know more. Microsoft confirms early investment in ChatGPT creator Tech giant Microsoft on Monday confirmed making “multibillion-dollar” investments in OpenAI. The company is behind the viral ChatGPT. The firm is an early investor and stated its interest in expanding […]
25-Jan-2023 Business
Amazon employee approves bug in code 21 hours before layoffs, shares post
3 min read

Amazon employee approves bug in code 21 hours before layoffs, shares post

24-Jan-2023
A post on the anonymous community workplace app Blind was allegedly shared by an Amazon employee revealing they tried to break a product in case of a layoff. Read to know more. Amazon employee approved a bug? A post on Blind, an anonymous community workplace app reveals an Amazon employee’s shot at getting back at […]
24-Jan-2023 Business
Spotify planning layoffs as soon as this week
2 min read

Spotify planning layoffs as soon as this week

23-Jan-2023
According to people familiar with the plans, Spotify Technology SA is considering layoffs as soon as this week, joining a wave of tech companies, from Amazon.com Inc. to Meta Platforms Inc., in announcing job cuts to slash expenses. The folks did not specify the number of posts to be abolished. In October, Spotify fired off […]
23-Jan-2023 Business
Spotify planning layoffs as soon as this week
2 min read

Spotify planning layoffs as soon as this week

23-Jan-2023
According to people familiar with the plans, Spotify Technology SA is considering layoffs as soon as this week, joining a wave of tech companies, from Amazon.com Inc. to Meta Platforms Inc., in announcing job cuts to slash expenses. The folks did not specify the number of posts to be abolished. In October, Spotify fired off […]
23-Jan-2023 Technology