Technology News Archives - Page 70 of 93

An examination of technology sector companies that have recently downsized their workforce.

Several technology companies have recently begun to reduce their workforce after a surge in hiring during the COVID-19 pandemic, as people increased their online activity and spending. Currently, numerous companies are implementing layoffs in order to reduce expenses and strengthen their financial performance. These are a few of the companies that have recently downsized their

. eBay, an internet marketplace, is downsizing its staff by 1,000 employees. This follows a trend among technology companies to downsize their workforce.

eBay Inc., an online retail company, has announced plans to reduce its workforce by approximately 1,000 employees, which is estimated to be around 9% of its total full-time staff. The decision was made due to the company’s current employee count and expenses being higher than its growth rate in a sluggish economy. This is one

TikTok is letting go of numerous employees as the technology sector continues to lose jobs in the start of the year.

TikTok is reducing its workforce in its advertising and sales division, joining other tech companies in cutting jobs at the start of the new year. A representative from the company announced on Tuesday that they will be reducing their workforce by 60 employees. The company did not disclose the cause for the job cuts. They

Riot Games, the developer of Tencent’s ‘League of Legends’, has declared the termination of 530 employees.

Riot Games, the creator of the well-known “League of Legends” multiplayer battle game, is following the lead of other technology companies in reducing its workforce by 11%. On Monday evening, CEO Dylan Jadeja and co-founder and president Marc Merrill released a long statement to employees, explaining that the decision was made in order to “prioritize

The hacker who leaked client information from an Australian health insurer has been sanctioned.

A Russian citizen has been penalized by the Australian authorities for participating in a cyber intrusion that exposed the personal data of over 10 million individuals in Australia. In October 2022, an individual released client information from Medibank, the biggest health insurance provider in Australia, which included information about HIV diagnoses and drug abuse treatment.

The appeals court has overturned a judge’s decision and has ordered the appointment of an independent examiner for the FTX bankruptcy case.

The bankruptcy case of FTX has been ordered to appoint an independent examiner by a federal appeals court in response to concerns about rampant fraud leading up to the downfall of the large-scale cryptocurrency exchange. On Friday, a trio of judges in Philadelphia made a decision on an appeal from the U.S. bankruptcy trustee, who

Japan has now successfully landed a spacecraft on the moon, making it the fifth country to achieve this feat.

Japan’s unmanned spacecraft achieved a historic feat early Saturday as it became the fifth country to land on the moon. The successful soft landing marks a significant achievement for Japan’s space program. Space authorities stated that further examination was required to determine if the Smart Lander for Investigating Moon (SLIM) successfully completed its primary objective

Microsoft has reported that the email accounts of high-level team members were breached by state-sponsored hackers from Russia.

Russian hackers, supported by the state, infiltrated Microsoft’s corporate email system and gained access to the accounts of top leaders, cybersecurity staff, and legal team members, the company announced on Friday. According to a blog article, Microsoft reported that the unauthorized access began near the end of November and was identified on January 12th. The

The adaptable foundations of Stellantis’ latest large vehicles will assist the company in maneuvering through governmental shifts.

At first glance, one would not associate the foundation of a new era of cars with political matters or voting. However, at Stellantis, the recent announcement of new foundations for larger vehicles is crucial in enabling the company to adapt to the evolving electric vehicle regulations set by the European and U.S. governments, which may

Apple has agreed to share its tap-and-go payment technology with its competitors in order to settle an antitrust case brought against it by the European Union.

According to the European Union, Apple has made a commitment to allow competitors to access its mobile payment system, which uses a tap-and-go method. This move is in response to an antitrust case against the company and aims to avoid a potential multi-billion dollar fine. According to the EU, Apple has suggested allowing external mobile

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Category: Technology News

An examination of technology sector companies that have recently downsized their workforce.

. eBay, an internet marketplace, is downsizing its staff by 1,000 employees. This follows a trend among technology companies to downsize their workforce.

TikTok is letting go of numerous employees as the technology sector continues to lose jobs in the start of the year.

Riot Games, the developer of Tencent’s ‘League of Legends’, has declared the termination of 530 employees.

The hacker who leaked client information from an Australian health insurer has been sanctioned.

The appeals court has overturned a judge’s decision and has ordered the appointment of an independent examiner for the FTX bankruptcy case.

Japan has now successfully landed a spacecraft on the moon, making it the fifth country to achieve this feat.

Microsoft has reported that the email accounts of high-level team members were breached by state-sponsored hackers from Russia.

The adaptable foundations of Stellantis’ latest large vehicles will assist the company in maneuvering through governmental shifts.

Apple has agreed to share its tap-and-go payment technology with its competitors in order to settle an antitrust case brought against it by the European Union.