Etsy: Online marketplace lays off 11% of staff to cut costs
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
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Google pushes for antitrust action against Microsoft in UK cloud market | Reuters News Agency
Technology 01 December 2023, 4:40 am 1 minute Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. Market Impact In 2022, Amazon Web Services (AWS) and Microsoft’s Azure had a combined 70-80% share of Britain’s public…
Do you have a friend worth $130? Inside the shopping app that puts a price tag on all your contacts
Want to know how much your friends are worth? Meet Flip, the shopping app that will put a price tag on every single person in your phone’s contact list. Cajole one of them into signing up for the app, and you get cash — up to $130 per person — to spend on Flip. “The…
New material found by AI could reduce lithium use in batteries
Microsoft said AI and supercomputing were used to synthesise an entirely new material.
Here’s what you should do if your job gets cut
Comment on this storyComment Add to your saved stories Save As 2024 gets rolling, companies are still cutting costs, with Google and Amazon being the latest big company to do layoffs. The near future could bring more. “We saw a big surge of hiring … when people went online in 2020,” said Brett House, professor…
Logan Paul offers partial refund for failed CryptoZoo game
Logan Paul says he will begin buying back CryptoZoo NFTs, a year after apologising for the failure.
How the fog of war spun rumors of terrorism out of a deadly Long Beach crash
After a car barreled through a red light in Long Beach this month and plowed into several pedestrians in a crosswalk, killing one, it did not take long for rumors of a terrorist attack to spread in some corners of the internet. Against the backdrop of the Israel-Hamas war, the Oct. 14 crash, which led…
