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Amazon French Warehouses Unit Fined 32 Million Euros
Amazon France Logistique monitored the performance of employees through data from scanners used by the staff to process packages, according to France’s data protection agency. AFP France’s data protection agency…
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TikTok’s Owner Cuts Hundred Of Jobs In Gaming Unit: Reports
ByteDance is retreating after investing billions of dollars in gaming Reuters ByteDance, the owner of TikTok, is cutting hundreds of jobs in its gaming unit, CNBC and Reuters reported, citing…
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Shakeira Rucker: Missing Florida Mom-of-Four Found Dead with Gunshot Wounds in Husband’s Storage Unit as Cops Arrest Husband
The body of a missing mother-of-four was found inside her husband’s storage unit in Florida on Saturday night. Shakeira Rucker, 37, was last observed on November 11 at a restaurant…
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Microsoft Hires Worldcoin Co-Founder Altman For New AI Research Unit; Crypto Token Goes Wild
KEY POINTS WLD saw its value nosedive by double-digit from $2.48 to $1.84 when OpenAI fired Sam Altman Worldcoin regained its value the next day when news surfaced claiming that…
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India, Bangladesh Launch Rail Projects, Thermal Power Unit: ‘Ties Reaching New Heights’
KEY POINTS The Prime Ministers of India and Bangladesh jointly inaugurated the projects via video conferencing Wednesday The projects include two rail links and a super thermal powerplant Bangladesh has…
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Vodafone Sells Spain Unit For Up To 5.0 Bn Euros
British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 billion), as part of an ongoing…
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Google Cut Dozens Of Staffers At News Unit As Disinformation Response In Question: Report
KEY POINTS Around 40 to 45 Google News workers have reportedly been let go A Google spokesperson said the cuts were made to “streamline the organization” Google had two earlier…
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Netflix To Cut Animation Unit, Streaming Giant Looks To Outsource Producers: Report
KEY POINTS The streaming giant is reportedly planning to outsource producers for its animated content Netflix is also shutting down “Tunga” and another previously announced film The company cut around…
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Morningstar To Reduce ESG Unit Sustainalytics Staff By 12% Next Week
KEY POINTS Up to 180 employees will reportedly be affected by the layoffs Morningstar was targeted by a Missouri investigation last year over potential state law violations Six fintech companies…
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British Defense Contractor BAE Systems to Set Up Production Unit in Ukraine
The British defense equipment manufacturer BAE Systems is establishing an arms and ammunition production facility in Ukraine, reports have confirmed. The development comes days after Ukraine President Volodymyr Zelensky said…
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UBS To Absorb Credit Suisse Domestic Unit, Eyes Billions In Cost Savings
Banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently-swallowed rival Credit Suisse into its operations, without spelling out the implications for job cuts. Switzerland’s…
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Russia’s Sberbank sets up major IT unit in Bengaluru; Plans to employ IT specialists
RBI stops printing Rs 2,000 notes two years after demonetisation Sberbank’s branch in India has received permission from the Reserve Bank of India (RBI) to establish an IT unit here.…
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Microsoft Shuts Down A Sales Unit, Cuts Over 1,000 Jobs In New Round Of Layoffs: Report
Microsoft announced plans in January to lay off 10,000 employees in the coming months. AFP KEY POINTS The ‘Digital Sales and Success’ group has reportedly been shut down Microsoft is…
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Thyssenkrupp’s Hydrogen Unit Surges In Stock Market Debut
Nucera CEO Werner Ponikwar (R) said his firm was ‘well on our way to becoming one of the leading green hydrogen companies’ AFP Thyssenkrupp’s green hydrogen unit Nucera made a…
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‘NCT Universe: LASTART’ Trailer: New Survival Show To Find 4 Members Of Final NCT Unit
NCT Universe : LASTART @SM_NCTUniverse/Twitter KEY POINTS SM Entertainment released the first teaser for its upcoming survival show “NCT Universe: LASTART” will introduce the four remaining members of NCT’s final…
