Yahoo is going to lay off more than 1,600 people, 20 percent of its workforce. Remarkably, it does so for strategic reasons, not financial problems. Yahoo plans to lay off 1,000 people this week and another 600 later this year. In total, approximately 8,500 people work for the company. The […]
Alphabet, Google’s parent company, lost $100 billion in value on Wall Street. This happened after a disappointing presentation of a new AI program called Bard. Google’s announcements about its AI plans don’t seem to have the desired effect. Google has been one of the frontrunners in the development of artificial […]
Australia has blocked the arrival of a coal mine for the first time. The country relies on environmental laws for this. The coal mine would be barely ten kilometres from the Great Barrier Reef, the largest coral reef in the world. Australian Environment Minister Tanya Plibersek said the project poses […]
KLM will expand the number of flights to China from 26 March. The reason for this is the lifting of travel restrictions by the Chinese government, the airline announced. “KLM will fly non-stop from Amsterdam to Hong Kong three times a week. We will start with six non-stop flights a […]
According to Turkish President Erdogan, the earthquake in southern Turkey has left 912 dead and nearly 5,400 injured. More than 592 deaths have already occurred in Syria. Erdogan describes the quake as the biggest disaster since 1939. There is a good chance that the death toll will rise even further […]
State television reported that Ayatollah Ali Khamenei, Iran’s Supreme Leader, pardoned “tens of thousands” of prisoners on Sunday, including many Iranians arrested during recent protests against the Islamist regime. The pardon included the release of prisoners and amnesty. Khamenei announced the decision in honour of the anniversary of the 1 […]
The assets of Mark Zuckerberg, CEO of Facebook parent Meta Platforms, made a record jump of $ 12.5 billion on Thursday. That happened after Zuckerberg announced at the publication of the quarterly results that 2023 would be a “year of efficiency” for Meta. After the publication of the figures, Meta […]
Sony has raised its profit forecast for this year. The Japanese tech company expects strong results in the games sector, partly because the yen exchange rate will drive profits from foreign sales. Sony reports this by publishing quarterly figures showing that the company is doing good business. Net profit between […]
At NetApp, eight percent of employees are fired. This was announced by the CEO of the American storage company, George Kurian, this week. NetApp will cut staff as part of “planned efforts” to reduce spending and cope with economic challenges. The global layoffs are expected to be phased in gradually […]
American DataCore Software has acquired Object Matrix, a British specialist in object storage and media archiving. The company’s devices and cloud solutions will become part of DataCore’s Periphery portfolio. Object Matrix develops MatrixStore equipment on-premises, hybrid solutions and cloud storage solutions. The products enable broadcasters and service providers to manage […]
