Music streaming service Spotify said Monday it’s cutting 6% of its global workforce, or about 600 jobs, becoming yet another tech company forced to rethink its pandemic-era expansion as the economic outlook weakens. CEO Daniel Ek announced the restructuring in a message to employees that was also posted online. As part of the revamp involving…
Microsoft Is Cutting 10,000 Jobs in Latest of Big Tech Layoffs
Microsoft will cut 10,000 jobs in response to decreasing demand after the pandemic, its CEO said in a note to employees Wednesday. The announcement comes after tens of thousands of job cuts across the technology sector. The layoffs are a response to decreased spending in cloud computing after the COVID-19 pandemic, Microsoft said: “First, as…
Microsoft Says It Will Start Offering US Employees ‘Unlimited’ Time Off
Starting next week, Microsoft’s current vacation policy will change to an unlimited one, meaning all salaried employees in the United States can take time off as needed and also will no longer need to wait and accrue holiday anymore. The new policy, which goes into effect on Jan. 16, is described by the world’s biggest…
Australia’s Regulator Condemns Apple, Microsoft for ‘Turning Blind Eye’ to Child Exploitation, Abuse Online
Australia’s e-safety commissioner, the independent regulator for online safety, has taken aim at tech giants Apple and Microsoft for allegedly “turning a blind eye” to child exploitation on iCloud and OneDrive. In a press release on Dec. 15, e-Safety Commissioner Julie Inman Grant said the regulator had sent out legal demands for information to some of the world’s biggest…
7 Big Tech Firms Criticised Over Not Doing Enough To Stop Child Exploitation: Australian Regulator
December 15, 2022
admin
appleAustraliaBig Tech, Censorship, and SocialismBusiness & MarketsCompaniesCrime and IncidentsFeatured TopicsMedia & Big TechmicrosoftOmegleskypeSNAPsnapchatSocial MediaTechTech NewsUSUS NewsWorldXbox Live
0 Comment
Seven of the world’s largest Big Tech firms have been told to do better in tackling online child sexual exploitation by the Australian government after a report undertaken by the eSafety Commissioner found their response inadequate. Apple, Meta (Facebook and Instagram), Snap, Microsoft, WhatsApp, Skype, and Omegle were reprimanded by eSafety Commissioner Julie Inman Grant, who…
NTD Business (Dec. 12): New Twitter Files Detail How Trump Was Banned; Used Car Prices Fall to Lowest Level in 2022
New details have emerged about how Twitter banned former President Donald Trump. We look at the internal discussions before he was kicked off the platform. Used car prices are falling from stratospheric heights, hitting the lowest level this year. By how much will they fall? And where are new car prices going? Microsoft is teaming…
FTC Sues to Block $68 Billion Microsoft-Activision Merger, Alleges Anti-Competitive Actions
The Federal Trade Commission (FTC) has filed a lawsuit against the planned merger of tech giant Microsoft and Activision Blizzard, one of the largest videogaming corporations. The federal agency argued the acquisition should be stopped because Microsoft has a record of anti-competitive behavior in the gaming industry, withholding games from other platforms to the benefit…
Google, Oracle, Amazon, and Microsoft Awarded $9 Billion Cloud Deals: Pentagon
December 8, 2022
admin
AmazonBusiness & MarketsCompaniesDepartment of DefenseeconomyExecutive BranchGoogleInvestmentMedia & Big TechmicrosoftNational SecurityPoliticsUSUS News
0 Comment
Amazon, Google, Microsoft, and Oracle have been awarded lucrative cloud contracts valued at up to $9 billion in total, the U.S. Department of Defense (DoD) announced on Dec. 7. The contracts were awarded to the four tech companies to help build the Joint Warfighting Cloud Capability (JWCC), which will replace the Joint Enterprise Defense Infrastructure (JEDI) and effectively streamline…
Microsoft CEO Sees Headwinds In 2023, but ‘Optimistic’ on US Amid Recessionary Storm
Microsoft CEO Satya Nadella acknowledged Thursday that “no industry is immune from macroeconomic issues,” but said he remains “optimistic” about the U.S. economy. Speaking in an interview with CNBC, Nadella said that 2023 will definitely be a year of “challenges” similar to those faced in 2022, but added that he, as well as other business leaders, are hopeful…
Cloud to PCs, Microsoft Forecasts Spook Investors as Economy Bites
Microsoft Corp on Tuesday projected second-quarter revenue below Wall Street targets across its business units, stoking fear that macroeconomic headwinds are impacting the cloud business in addition to the PC unit. Revenue growth in the first quarter was Microsoft’s lowest in five years, and shares of the software giant fell 7% in extended trading. Microsoft’s…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`