Tag Archives: technology
Better.com CEO apologizes after laying off 900 employees via Zoom call
(Reuters) - The chief executive of Better.com apologized for his manner of handling layoffs at the mortgage company after a video of him firing 900 people last week via a Zoom call went viral on socia...
Dec 08, 2021
Google to give additional staff bonus next year
By Maria Ponnezhath (Reuters) - Alphabet Inc's Google said on Wednesday it will give an additional bonus next year to its employees globally, as the tech giant pushes back its return-to-office plan. G...
Dec 08, 2021
Analysis-Alibaba’s e-commerce empire under threat from Douyin, Pinduoduo
By Sophie Yu and Josh Horwitz BEIJING (Reuters) - For more than a decade, Alibaba Group has been China's undisputed e-commerce king but of late its crown has shown signs of slipping, unsettled by an i...
Dec 08, 2021
Australia’s central bank sceptical on digital A$, but that could change
SYDNEY (Reuters) - The head of Australia's central bank still sees no strong case for a retail digital currency in the country, though he conceded one could emerge as technology and public preferences...
Dec 08, 2021
GameStop beats quarterly revenue estimates
(Reuters) - GameStop Corp reported third-quarter revenue on Wednesday that beat analysts' estimates, as it sold more gaming consoles and video games. The company, which is yet to transition to a large...
Dec 08, 2021
U.S. Senator asks FTC to probe Facebook’s ad practices
WASHINGTON (Reuters) - U.S. Senator Maria Cantwell on Wednesday asked the Federal Trade Commission to investigate whether Meta Platforms' Facebook misled its advertising customers and the public about...
Dec 08, 2021
U.S. appeals court pauses antitrust orders against Apple App Store
(Reuters) - A U.S. appeals court on Wednesday paused the enforcement of an injunction against Apple Inc that could have forced it to allow links and buttons to outside payment methods outside its App ...
Dec 08, 2021
VW Americas CEO sees chip shortage lasting into 2022, but industry protecting margins
By Ben Klayman DETROIT (Reuters) - Volkswagen AG's Americas chief sees the global chip shortage lasting into the third quarter of next year, but believes the auto industry will maintain the discipline...
Dec 08, 2021
Biden pledges end to gas-powered federal vehicle purchases by 2035
(Reuters) - U.S. President Joe Biden on Wednesday will sign an executive order vowing to transition to the acquisition of only zero-emission vehicles by 2035 for the federal vehicle fleet, the White H...
Dec 08, 2021
Do not compensate investors for crypto losses, UK financial watchdog CEO says
By Huw Jones LONDON (Reuters) -Losses from crypto-related investments should not be eligible for compensation schemes given that the sector can help spread serious crime, Britain's Financial Conduct A...
Dec 08, 2021
