July 17, 2023 Elon Musk has revealed that Twitter’s cash flow remains negative due to a nearly 50% decline in advertising revenue and a heavy debt load, despite his positive expectations, and that the company faces annual interest more...
July 17, 2023 Reddit has revealed intentions to phase out its coins and awards system, which is granted by users and shown as symbols under posts. They include the well-known "Reddit Gold" award, which is represented by a more...
July 13, 2023 Huawei Technologies is planning to return to the 5G smartphone market by the end of this year. The company has been working on its own semiconductor design tools and has partnered with Semiconductor Manufacturing International more...
July 12, 2023 A U.S. judge has approved Microsoft's $69 billion acquisition of Activision Blizzard, clearing a major hurdle for the deal. The British regulator has also said it is prepared to consider Microsoft's proposals to resolve antitrust more...
July 12, 2023 Amazon has filed a lawsuit against the European Union (EU) challenging its designation as a Very Large Online Platform (VLOP). The company argues that it does not meet the definition of a VLOP because it more...
July 12, 2023 Tech companies have been accused of engaging in "fake work," where employees are assigned to projects that are never completed or have little impact on the business. One of the most common examples of fake more...
July 12, 2023 Microsoft has carried out a new round of layoffs, affecting 276 employees in the state of Washington. The layoffs, which were first reported by GeekWire, primarily targeted customer support and sales roles across teams, geographies, more...
July 10, 2023 A data breach affecting more than 200 organizations and 17.5 million people has been tied to MOVEit, a file-transfer tool developed by Progress Software Corp., according to Emsisoft researcher Brett Callow. The breach is believed more...
July 7, 2023 Suncor Energy have announced that an unauthorized party accessed its IT network on or around June 21. The company confirmed the breach after conducting an extensive investigation into the matter. The incident impacted the company's more...
July 7, 2023 Yum Brands, the parent company of KFC, Taco Bell, and Pizza Hut, has partnered with Treasure Data to unify its customer data. This partnership will allow Yum Brands to have a single view of its more...
