Spotify to cut some 600 staff as tech woes spread
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.
Jan 23, 2023
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Business
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.
Jan 23, 2023
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Business
In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software ...
Jan 20, 2023
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Indian IT giant Infosys raised its revenue guidance for the current financial year on Thursday after the outsourcing behemoth beat quarterly earnings forecasts on sustained demand for its digital services.
Jan 12, 2023
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Business
India's largest software exporter Tata Consultancy Services on Monday reported higher earnings in the December quarter, but missed expectations and warned of a "cautious" business environment in the new year.
Jan 9, 2023
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Internet
Personal emails linked to 235 million Twitter accounts hacked some time ago have been exposed according to Israeli security researcher Alon Gal—making millions vulnerable to having their accounts compromised or identities ...
Jan 6, 2023
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Internet
The term "metaverse" is the latest buzzword to capture the tech industry's imagination—and while Facebook parent Meta is the best-known entrant into this futuristic virtual concept, it's certainly not the only one.
Jan 5, 2023
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Automotive
Mercedes-Benz says it will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla.
Jan 5, 2023
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Consumer & Gadgets
Crowds of techies will descend on Las Vegas this week for the annual CES technology mega-show, but one innovation may again fall short of long-held hopes: driverless cars.
Jan 4, 2023
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Automotive
Global automaker Stellantis will produce electric "air taxis" developed by US aviation company Archer, it announced Wednesday at the major Consumer Electronics Show (CES) in Las Vegas.
Jan 4, 2023
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Engineering
Human lives depend on brakes. They need to grip quickly and return to their resting position immediately once the brake pedal is released. If they do not return fully, energy losses may occur. This is not noticeable to the ...
Dec 30, 2022
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