Spotify raises US prices of its premium plans in margin push
By Jaspreet Singh (Reuters) – Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming service in its push to…
Microsoft, AI is a blessing: growing revenues and bright future
Microsoft AI: Climbing back up the ladder and returning on the front foot after a knockout blow is complicated but not impossible. At least if your name is Microsoft, the…
NASA seeks cheaper ideas for Mars sample return mission amid budget crunch
By Steve Gorman LOS ANGELES (Reuters) – NASA is seeking a cheaper, simpler approach to one of its top science priorities in the midst of a budget crunch – retrieving…
Will AI halve workers? Survey raises alarm
AI workers: Artificial Intelligence will lead many companies to reduce their workforce over the next five years. This is according to a new study conducted by the Adecco Group, which highlights…
Amazon Web Services lays off several hundred tech, sales staff
By Yuvraj Malik (Reuters) – Amazon Web Services has eliminated several hundred sales, marketing and tech roles, it said on Wednesday, the latest in a series of job cuts by…
Amazon’s senior employees may not get a cash pay raise this year
By Mariam Sunny and Priyanka G (Reuters) – Amazon.com Inc said on Wednesday its senior employees, whose compensation includes more stock-related awards than cash, may not receive a cash pay…
Dell reduces workforce as part of broader cost cuts
By Mehnaz Yasmin (Reuters) – Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganizations, it said in…
One year after being fired, X’s African employees were paid
Fourteen months of waiting before getting a severance package after being suddenly laid off. This happened to X’s African team of less than 20 people, who found themselves out of work shortly…
Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
By Akash Sriram (Reuters) – Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company…
Job cuts spill beyond tech sector
By Zaheer Kachwala, Harshita Mary Varghese, Samrhitha Arunasalam, Arsheeya Bajwa, Priyanka.G and Jaspreet Singh (Reuters) – Several U.S. and Canadian companies, mostly in sectors such as technology and media, have…