October 19, 2023 Stack Overflow has announced that it is laying off 28% of its workforce. In a statement by the company's CEO, Prashanth Chandrasekar, the layoffs come from a need to "cut costs" and maintain a "path more...
October 19, 2023 Citigroup, through its CEO Jane Fraser, has announced plans to invest $3 billion in tech modernization in the third quarter of 2023. This investment represents an 8% increase, with primary areas of focus being extensive more...
October 18, 2023 Atlassian's end-of-support deadline for its server products is fast approaching, on February 15, 2024. With less than five months to go, the company is confident that it has made the right decision to move to more...
October 18, 2023 Microsoft is actively recruiting a Hardware Automation Team Manager with a strong background in robotics to work on the automation of datacenter operations, just weeks after blaming an outage at its Australia facility on having more...
October 18, 2023 Dropbox CEO Drew Houston is giving employees the freedom to work from home 90% of the time. The remaining 10% of the year is dedicated to employee off-site events. Houston's approach is a stark contrast more...
October 18, 2023 LinkedIn has announced y that it will be laying off more than 660 employees across its engineering, product, talent, and finance teams. This represents more than 3% of the company's global workforce. This is the more...
October 18, 2023 The rise of generative AI has birthed a new type of scam dubbed AI washing, which occurs when a company falsely claims that its products or services are powered by AI, or that they use more...
October 17, 2023 YouTube is testing a new policy that would prohibit the use of ad blockers on the platform. The move has been met with mixed reactions from users, with some expressing frustration and others understanding the more...
October 16, 2023 Infosys, India's second-largest software services exporter, cut the upper end of its annual revenue forecast, raising concerns about near-term demand for services provided by the $245 billion Indian information technology sector. The company now sees more...
October 13, 2023 Samsung Electronics' preliminary third-quarter profit dropped a smaller-than-expected 78%, beating analyst estimates and signaling early signs of recovery in the beleaguered memory chip market. The stock market responded positively to the news, with Samsung shares more...
