Netflix Cuts Around 300 Jobs After Losing Subscribers
The streaming giant Netflix is cutting around 300 jobs today as part of a second round of layoffs. The company previously laid off around 150 employees and dozens of contractors in May.
Samsung Fined $14 Million In Australia For Misleading Water-Resistance Ads
South Korean tech giant Samsung has been fined $14 million by the Australian Competition and Consumer Commission (ACCC) for misleading claims about its Galaxy smartphones.
Intel Delays $20 Billion Semiconductor Factory Over US Chips Act
Intel has reportedly delayed plans to build its $20 billion semiconductor factory in the US over CHIPS Act, a $52 billion funding package for domestic chip manufacturing.
Twitter Closed Caption Toggle Now Available For iOS And Android Users
The microblogging site Twitter announced that the option to turn captions off/on with a new “CC” button, the feature which it was testing earlier, is now available for everyone.
Instagram Tests New Feature For Disappearing Content
Meta-owned Americal photo and video sharing social networking service Instagram is experimenting with another new feature, Notes, that would allow users to post disappearing content.
Khaby Lame Is Now The Most-Followed TikToker In The World
Lame now has more than 142.7 million followers compared to D’Amelio’s 142.3 million.
Re-Commerce Platform Cashify Raises $90 Million
Re-commerce marketplace Casify on Thursday said it has secured $90 million in its Series E funding from NewQuest Capital Partners and Prosus.
Uber Brings Back Carpooling Service Under New Name
Ride-hailing company Uber, which suspended its shared rides service — Uber Pool — amid the pandemic has now relaunched the feature under a new name, UberX Share, in the US.
Adobe Likely To Make Photoshop Free To Everyone On The Web
Adobe has started testing a free-to-use version of Photoshop on the web as it aims to open the service for everyone.
ExpressVPN Exits India In Light Of New Anti-Privacy Rules
In light of the new directives for VPNs being introduced in India, ExpressVPN announced it has removed its Indian-based VPN servers.
Twitter Joins Shopify To Bring Merchants’ Products To Its Platform
The microblogging site Twitter on Wednesday partnered Shopify and will soon launch a sales channel app for the US merchants in Shopify’s app store.
Amazon Unveils Its 1st Fully Autonomous Mobile Robot
Amazon on Wednesday unveiled its first fully autonomous mobile robot called Proteus that autonomously moves through facilities using advanced safety, perception, and navigation technology developed by the company.
China Launches New Test Satellite
China on Wednesday sent a new satellite into space from the Jiuquan Satellite Launch Center in northwest China.
Samsung To Announce Mass Production Of 3nm Chip Next Week
Samsung Electronics is expected to announce mass production of 3-nanometer semiconductors next week, sources said on Wednesday, beating its foundry rival TSMC in the advanced chipmaking process.
Cloudflare ‘Deeply Sorry’ Over Global Outage That Hit Users
Cloudflare has issued an apology over the outage that affected traffic in 19 of its data centres that have a significant proportion of its global traffic.
Top Court Gives Samsung Clean Chit In LG OLED Tech Theft
A seven-year-long court battle between Samsung and LG over the organic light-emitting diode (OLED) technology theft has finally come to an end.
Twitter Board Recommends $44 Billion Buyout By Elon Musk
As Elon Musk fixes a few ‘unresolved matters’ with Twitter, the company’s board has recommended the $44 billion buyouts.
Amazon Names Herrington As CEO Of Worldwide Amazon Stores
Amazon has announced that Doug Herrington will become the new Chief Executive Officer (CEO) of the company’s Worldwide Amazon Stores business, formerly known as “Consumer”.
Meta Will Not Take Commission From Creators Until 2024
Meta CEO Mark Zuckerberg has said that the company will “hold off on any revenue sharing” until 2024, a one-year extension of his prior pledge to not charge a commission until 2023.
Ex-Employees Sue Musk-Run Tesla For Mass Layoffs
Electric car-maker Tesla has been sued by former employees who were sacked in the ongoing mass layoff at the company, accusing it of violating federal law in the US.
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