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A Look at Some of the Companies in the Technology Sector That Have Recently Made Layoffs
A bunch of companies in the technology sector have been laying off some of their employees recently after quickly ramping up hiring during the COVID-19 pandemic while people spent more time and money online.
FLORIDA HOUSE PASSES A BILL TO BAN SOCIAL MEDIA ACCOUNTS FOR CHILDREN UNDER 16
Florida children under the age of 16 would be banned from popular social media platforms regardless of parent approval under a bill passed by the House on Wednesday, a measure that is the top priority for the chamber’s speaker.
TESLA 4Q EARNINGS FALL SHORT OF ANALYST ESTIMATES AS COMPANY WARNS OF LOWER SALES GROWTH THIS YEAR
Tesla’s net income more than doubled last quarter thanks to a big one-time tax benefit, but it warned of “notably lower” sales growth this year.
RING WILL NO LONGER ALLOW POLICE TO REQUEST DOORBELL CAMERA ZFOOTAGE FROM USERS
Amazon-owned Ring will stop allowing police departments to request doorbell camera footage from users, marking an end to a feature that has drawn criticism from privacy advocates.
IOS: WHY IT'S IMPORTANT TO TURN ON APPLE'S NEW STOLEN DEVICE PROTECTION
You’re in a crowded bar when a thief watches you unlock your iPhone with your passcode, then swipes it.
FRANCE FINES AMAZON $35 MILLION FOR 'EXCESSIVELY INTRUSIVE' MONITORING OF WAREHOUSE STAFF
France’s privacy watchdog said this week that it slapped Amazon‘s French warehouse business with a 32 million euro fine ($35 million) for using an “excessively intrusive system” to monitor worker performance and activity.
MICROSOFT SAYS STATE-BACKED RUSSIAN HACKERS ACCESSED EMAILS OF SENIOR LEADERSHIP TEAM MEMBERS
State-backed Russian hackers broke into Microsoft’s corporate email system and accessed the accounts of members of the company’s leadership team, as well as those of employees on its cybersecurity and legal teams, the company said.
JAPAN BECOMES THE FIFTH COUNTRY TO LAND A SPACECRAFT ON THE MOON
Japan became the fifth country in history to reach the moon when one of its spacecrafts without astronauts successfully made a soft landing on the lunar surface early Saturday (20).
WWE'S 'RAW' IS MOVING TO NETFLIX NEXT YEAR IN A MAJOR STREAMING DEAL WORTH MORE THAN $5 BILLION
WWE’s weekly television show “Raw” will move to Netflix next year as part of a major streaming deal worth more than $5 billion.
NETFLIX'S GAINS 13M NEW GLOBAL 4Q 40 SUBSCRIBERS AS IT UNWRAPS ITS BEST-EVER HOLIDAY SEASON RESULTS
Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service and a smattering of price hikes.
ONLINE RETAILER EBAY IS CUTTING 1,000 JOBS. IT'S THE LATEST TECH COMPANY TO REDUCE ITS WORKFORCE
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is growing in a slowing economy. It marks the latest layoffs in the tech industry.
AMERICANS' ECONOMIC OUTLOOK BRIGHTENS AS INFLATION SLOWS AND WAGES OUTPACE PRICES
After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes.
APPLE TV+ ACHIEVES REMARKABLE 13 OSCAR NOMINATIONS WITH 'KILLERS OF THE FLOWER MOON' & 'NAPOLEON'
Apple TV+ has emerged as a major contender in this year’s Academy Awards, securing 13 nominations for its cinematic offerings, ‘Killers of the Flower Moon’ and ‘Napoleon’. The Oscars ceremony, set for March 10, will be a moment of truth for these Apple Original Films.
JETBLUE AND SPIRIT AIRLINES SAY THEY WILL APPEAL A JUDGE'S RULING THAT BLOCKED THEIR MERGER
JetBlue and Spirit Airlines said they will appeal a federal judge’s ruling this week that blocked their plan to combine into a single carrier.
Generative OS
THE FUTURE OF AI PERSONAL IS COMING IN 2024 COMPUTING
FLEXIBLE UNDERPINNINGS OF NEW BIG STELLANTIS VEHICLES WILL HELP COMPANY NAVIGATE POLITICAL CHANGES
On the surface, you wouldn’t think the platform beneath a new generation of automobiles has anything to do with politics and elections.
AIRBNB DONATES $10 MILLION TO 120 NONPROFITS ON 6 CONTINENTS THROUGH ITS UNUSUAL COMMUNITY FUND
Airbnb on Tuesday donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents, the short-term rental giant’s latest outlays in its unusual distribution of $100 million through its Airbnb Community Fund.
APPLE OFFERS RIVALS ACCESS TO TAP-AND-GO PAYMENT TECH TO RESOLVE EU ANTITRUST CASE
Apple has promised to open up its tap-and-go mobile payment system to rivals, the European Union said, as the U.S. tech company seeks to resolve an antitrust case and avoid a fine that potentially could be worth billions.
HOW (AND WHERE) TO WATCH OSCAR-NOMINATED FILMS ONLINE
The winner in the Oscar nominations race after a bruising year for the film industry was “Oppenheimer” with 13 nods, followed by the otherworldly “Poor Things” with 11 and the period epic “Killers of the Flower Moon” with 10.
TECH FIRM BAIDU DENIES REPORT THAT ITS ERNIE AI CHATBOT IS LINKED TO CHINESE MILITARY RESEARCH
Technology company Baidu refuted a newspaper report that said its artificial intelligence chatbot Ernie was linked to Chinese military research.
BANKS PREPARE TO TAKE ON THE BIDEN ADMINISTRATION OVER BILLIONS OF DOLLARS IN OVERDRAFT FEES
The squabble over billion of dollars in overdraft fees that Americans get charged every year is intensifying.
AMAZON'S AUDIBLE IS LAYING OFF 5% OF ITS WORKFORCE, MARKING ANOTHER ROUND OF JOB CUTS IN TECH
Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce, marking the third round of job cuts at the e-commerce giant’s businesses last week as the technology industry continues to shed roles in the new year.
STILL TRYING TO MAKE 'FETCH' HAPPEN, NOW IN SONG: 'MEAN GIRLS' GETS A MUSICAL UPDATE
The first “Mean Girls,” that compulsively watchable high-school based social satire by Tina Fey, came out in 2004. The Broadway musical opened in 2018.
MORE CEOS FEAR THEIR COMPANIES WON'T SURVIVE 10 YEARS AS AI AND CLIMATE CHALLENGES GROW, SURVEY SAYS
MORE CEOs FEAR THEIR COMPANIES WON'T SURVIVE 10 YEARS AS AI AND CLIMATE CHALLENGES GROW, SURVEY SAYS
UBER CUTS OFF DRIZLY, THE ALCOHOL DELIVERY APP IT BOUGHT FOR $1.1 BILLION THREE YEARS AGO
Uber is shutting down alcohol delivery app Drizly, the company confirmed, three years after acquiring the platform for $1.1 billion.
THE SUPREME COURT ALLOWS A COURT ORDER TO TAKE EFFECT THAT COULD COST APPLE BILLIONS OF DOLLARS
The Supreme Court on Tuesday allowed a court order to take effect that could loosen Apple’s grip on its lucrative iPhone app store, and potentially affect billions of dollars in revenue a year.
CELLEBRITE DONATES AI INVESTIGATIVE TOOLS TO NONPROFITS TO HELP FIND MISSING CHILDREN FASTER
John Walsh, advocate for missing children and longtime host of “America’s Most Wanted,” said he feels outmanned by criminals all the time – especially in the courtroom.
THE WORLD COULD GET ITS FIRST TRILLIONAIRE WITHIN 10 YEARS
The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said this week in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.
BOEING TO INCREASE QUALITY INSPECTIONS ON 737-MAX FOLLOWING ALASKA AIRLINES BLOW OUT
Boeing told employees this week that it plans to increase quality inspections of its 737 Max 9 aircraft, following the failure of an emergency exit door panel on an Alaska Airlines flight last week.
AS A NEW GENERATION RISES, TENSION BETWEEN FREE SPEECH AND INCLUSIVITY ON COLLEGE CAMPUSES SIMMERS
Generations of Americans have held firm to a version of free speech that makes room for even the vilest of views. It's girded by a belief that the good ideas rise above the bad, that no one should be punished for voicing an idea except in rare cases where the idea could lead directly to illegal action.