Category Archives: (KFGO The Mighty 790) Technology
New Oriental laid off 60,000 staff after China’s education crackdown, founder says
BEIJING (Reuters) - China's New Oriental dismissed 60,000 employees and saw operating income plunge by 80% after Beijing enforced new sweeping rules on the country's private education industry that ba...
Jan 10, 2022
French tech company Atos issues profit warning
PARIS (Reuters) - French technology consulting company Atos issued a profit warning on Monday, partly reflecting delays on deals with customers and lower margins at its hardware and software resales u...
Jan 10, 2022
Foxconn India iPhone plant to reopen on Jan 12 -govt officials
CHENNAI (Reuters) - Apple Inc supplier Foxconn will reopen its shuttered iPhone manufacturing facility in southern India on Jan. 12, government officials and a legislator in the region where the plant...
Jan 09, 2022
Meta platforms’ head of communications leaves company – WSJ
(Reuters) - Meta Platforms Inc's head of communications, John Pinette, is leaving the company, the Wall Street Journal reported https://www.wsj.com/articles/meta-platforms-head-of-communications-leave...
Jan 07, 2022
Tesla raises Full Self Driving software price to $12,000 in U.S., Musk says
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk tweeted on Friday that the electric carmaker will raise the U.S. price of its advanced driver assistant software dubbed "Full Self Driving" to $...
Jan 07, 2022
U.S. FAA details 50 airports that will have 5G buffer zones
WASHINGTON (Reuters) - The U.S. Federal Aviation Administration (FAA) on Friday disclosed a list of 50 U.S. airports that will have buffer zones when wireless carriers turn on new 5G C-band service on...
Jan 07, 2022
E-scooter rental firm Spin to lay off a quarter of its staff
(Reuters) - Electric scooter rental firm Spin said on Friday it will lay off 25% of its employees, as part of the company's restructuring plan to exit open permit markets. San Francisco-based Spin was...
Jan 07, 2022
Amazon shortens COVID isolation, paid leave for U.S. workers
(Reuters) - Amazon.com Inc on Friday told workers they only have to isolate for a week after testing positive for COVID-19, instead of 10 days, following updated U.S. health guidance. The Omicron vari...
Jan 07, 2022
Andreessen Horowitz raises $9 billion across three new funds for startup investments
(Reuters) - Venture capital giant Andreessen Horowitz raised $9 billion through three new funds to invest across startups in different sectors, amid a global funding boom as large investors back high-...
Jan 07, 2022
Reddit taps Morgan Stanley, Goldman Sachs for IPO – Bloomberg News
(Reuters) - Social media platform Reddit Inc, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs Group for its init...
Jan 07, 2022
