Category: IT NEWS & UPDATES

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.

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 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.

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.

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.

Lame now has more than 142.7 million followers compared to D’Amelio’s 142.3 million.

Re-commerce marketplace Casify on Thursday said it has secured $90 million in its Series E funding from NewQuest Capital Partners and Prosus.

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 has started testing a free-to-use version of Photoshop on the web as it aims to open the service for everyone.

In light of the new directives for VPNs being introduced in India, ExpressVPN announced it has removed its Indian-based VPN servers.

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 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 on Wednesday sent a new satellite into space from the Jiuquan Satellite Launch Center in northwest China.

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 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.

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.

As Elon Musk fixes a few ‘unresolved matters’ with Twitter, the company’s board has recommended the $44 billion buyouts.

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 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.

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.