June 16, 2022 Canadian fintech giant Wealthsimple, which is based in Toronto, is laying off 159 employees, a decision that was announced in a letter to employees by CEO and co-founder Michael Katchen. Wealthsimple is an online investment more...
June 16, 2022 Microsoft is facing criticism for its lack of transparency and speed when it comes to responding to reports of flaws. A clear example of Microsoft's slow response showed after it took the company five months and more...
June 16, 2022 Sen. Elizabeth Warren (D-Mass.) has introduced a bill to ban data brokers from selling Americans' location and health information. The proposed Health and Location Data Protection Act "forbids data brokers from selling or transferring location more...
June 16, 2022 Japanese organizations are struggling to find alternatives to the Internet Explorer browser after waiting until the last minutes to update their websites. Affected organizations include government agencies, financial institutions, and manufacturing and logistics companies that more...
June 16, 2022 More than 100 tech executives have signed a letter calling on the U.S. House of Representatives and Senate to agree on legislation to increase U.S. competitiveness against China. "Our global competitors are investing in their more...
June 16, 2022 U.S. chipmaker Qualcomm has won its battle against a $1.05 billion fine imposed by EU antitrust regulators. In 2018, the European Commission fined Qualcomm after concluding that the company paid billions of dollars to Apple more...
June 16, 2022 Spotify will cut hiring by 25%. In an email to employees, Spotify CEO Daniel Ek told employees that the company will continue hiring but will slow down and be "a bit more prudent" in the more...
June 16, 2022 European telecom regulator BEREC recently updated its net neutrality rules to include a strict ban on zero-rating practices that exempt specific apps from data caps implemented by Internet service providers. BEREC stands for Body of more...
June 15, 2022 Tech companies are relieving workers of their duties as they look to combat the economic downturn that is shaking the sector. According to Layoffs.fyi, a platform that tracks job cuts in the industry, tech companies more...
June 15, 2022 94% of IT executives and decision-makers express serious concerns about user-generated passwords. Half of these IT executives believe that passwords are too weak for security purposes. 91% said they were very or rather concerned about more...
