Microsoft announced a new round of job cuts internally on July 10 after laying off 10,000 employees between January and March. The company confirmed the layoffs to GeekWire, which broke the news first but did not provide any further details. “Organizational and workforce adjustments are a necessary and regular part of managing our business. We…
Major Tech Company to Cut 11,000 Jobs as Part of ‘Turnaround’ Plan
Vodafone, one of the world’s largest telecommunications services, has become the latest tech company to announce mass layoffs as part of a “turnaround” plan to help the carrier regain its competitive edge following periods of underperformance. In a statement on Tuesday, newly appointed CEO Margherita Della Valle said the layoffs will include 11,000 employees over a…
Meta Reaffirms Plan to Block News Access in Canada If Bill C-18 Passes
A representative for the tech giant Meta said Monday that the company plans to block access to Canadian news content on its platforms if Parliament passes Bill C-18, which mandates that the company pay news publishers for hosting content. “Ultimately, this legislation puts Meta in an unfavourable situation. In order to comply, we have to…
Capitol Report (Sept. 1): Attorneys General Say DOJ and Big Tech Colluding; US Cracks Down on China
Today, a federal judge declined to rule on Trump’s request for a special master. An attorney tells NTD the Trump Team made a wrong move. A lawsuit uncovers emails between federal officials and big tech companies. It claims the emails show how the administration censors topics like COVID-19 and Hunter Biden. We talked to one…
EpochTV Review: How the American Ruling Class Partners With and Profits From the CCP
Commentary In the new Epoch TV series “Over the Target,” hosts Lee Smith and Brandon Fallon talk about the financial ties that exist between the American ruling class elites and the Chinese Communist Party (CCP). We often hear talk about the United States challenging or competing with China, while at the same time, exports from…
Snap Shares Surge After First-Ever Quarterly Profit
Snap Inc. saw its shares surge by nearly 60 percent after the company reported its first-ever quarterly profit, defying analysts’ predictions that the messaging platform would post another loss. The California-based company said in a Feb. 3 earnings report that its fourth-quarter profit was $22.6 million, or 1 cent per share. The report came as…
As Beijing Takes Aim at Algorithms, Algorithms Take Aim at Americans
Commentary For months now, the Chinese Communist Party (CCP) has been cracking down on big tech companies. Now, it has algorithms in its crosshairs. At the end of August, the Cyberspace Administration of China released a set of guidelines, replete with 30 different “suggestions.” Ostensibly, the new rules are intended to stop algorithms from manipulating…
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