On Wednesday, Microsoft Corp. experienced a network outage that rendered its Azure cloud platform, as well as applications like Teams and Outlook, unavailable, potentially impacting
Category: TECH
Virginia: Amazon Web Services to set up Multiple Data Centers and create 1,000 jobs in a $35b deal.
The cloud services subsidiary of Amazon.com Inc. announced plans to spend an additional $35 billion by 2040 to develop data centers in Virginia. The increased
Google axes 12,000 jobs across different sectors, bringing Big Tech job cuts to 48,000 in 30 days.
Google is cutting 12,000 jobs, or around 6% of its employees, making it the latest tech business to do so as the COVID-19 pandemic-related economic
Amazon laid off 18,000 employees in the U.S., Canada, and Costa Rica using emails.
As part of its plan to let go of 18,000 workers, Amazon.com Inc. said in a memo to employees seen by reporters that it will
Big Tech crisis: Microsoft to cut 11,000 jobs given the worsening global economic outlook.
Thousands of positions will be removed at Microsoft Corp., with certain positions in the engineering and human resources departments possibly being eliminated, according to reports
China takes control of Tech giants with veto rights in 2 Alibaba units.
Business registration records revealed that China has purchased minority holdings with special rights in two domestic subsidiaries of digital giant Alibaba Group Holding Ltd, as
Danish Central Bank and 7 private banks’ websites hit by hackers.
According to the central bank and an IT company that supports the industry, hackers have disrupted access to the websites of Denmark’s central bank and
Microsoft will invest an additional $10b to integrate the GPT3-based chatbot into its search engine Bing.
According to Semafor, Microsoft is negotiating to give ChatGPT owner OpenAI an additional $10 billion as part of its efforts to incorporate the GPT3-based chatbot
China Tech giants: Jack Ma, the founder of Ant Group, will cede authority in a key overhaul.
Jack Ma, the founder of Ant Group, will relinquish control of the Chinese fintech giant as part of a restructuring intended to put an end
Amazon obtains $8b loan, adopts cost-saving measures and market cap falls below $1tr.
In preparation for market challenges, Amazon has received an $8 billion loan. The loan, which was provided by DBS Bank, Mizuho Bank, and others, would
Load More
