May 8, 2024 At a recent all-hands meeting, Google employees voiced significant concerns regarding morale, cost-cutting measures, and the impact of layoffs, despite the company's robust first-quarter earnings. The meeting, led by CEO Sundar Pichai and CFO Ruth more...
April 25, 2024 In December, Spotify CEO Daniel Ek announced the largest round of layoffs in the company's history, cutting 1,500 jobs in a bid to streamline operations and push towards profitability. This move, which represented a significant more...
April 25, 2024 In an era where instant gratification is often the norm, Meta CEO Mark Zuckerberg’s strategic pivot towards long-term, high-stakes investments in artificial intelligence (AI) and the metaverse is testing the waters of investor patience and more...
April 23, 2024 In an unexpected shift, Apple has drastically reduced its shipment forecasts for the upcoming Vision Pro, indicating a lukewarm reception to its latest technology offering. Initially set to distribute between 700,000 and 800,000 units in more...
February 8, 2024 The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal. Despite Microsoft's earlier court assurances of maintaining operational independence between the two companies, the recent layoffs suggest more...
January 31, 2024 Tesla's stock experienced a notable downturn following a Delaware court's decision to void CEO Elon Musk's massive $56 billion compensation package. The ruling, stemming from a lawsuit filed by a Tesla shareholder, concluded that Tesla's more...
January 15, 2024 Two of Canada’s biggest cybersecurity news and events providers have struck a partnership to better serve infosec pros. IT World Canada (ITWC), whose four news sites and two podcasts are seen and heard around the more...
January 11, 2024 In a notable shift in the tech industry, Microsoft has recently overtaken Apple to become the world's most valuable public company by market value. According to a MacRumors article, Apple's share price experienced a slight more...
January 9, 2024 In a warning that American data brokers need to be careful about selling precise geolocation information of mobile phone users, the U.S. Federal Trade Commission has proposed banning a major company from taking advantage of more...
December 14, 2023 X's ad revenue struggles amid boycotts. Elon Musk's X (formerly Twitter) is facing a significant downturn in advertising revenue. Insider sources revealed that X expects to end 2023 with around $2.5 billion in ad revenue, more...
