Cisco to cut thousands of jobs as it seeks to focus on high growth areas
By Utkarsh Shetti and Supantha Mukherjee (Reuters) – Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus…
Spate of job cuts continues unabated at Big Tech, media firms
By Zaheer Kachwala, Harshita Mary Varghese, Samrhitha Arunasalam, Arsheeya Bajwa and Priyanka.G (Reuters) – Big Tech and media companies in the United States continue to announce fresh job cuts, a…
The most in-demand tech professions in 2024
Tech professions 2024: Instability is at the heart of tech, with innovations constantly changing the interplay of roles and skills. The past two years have been particularly volatile, with rising interest…
SEC account hack renews spotlight on X’s security concerns
By Zeba Siddiqui and Raphael Satter SAN FRANCISCO/WASHINGTON (Reuters) – The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday renewed concerns about the social…
Twitter violated contract by failing to pay millions in bonuses, US judge rules
By Kanishka Singh WASHINGTON (Reuters) – Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its…
X may lose up to $75 million by year-end on advertiser exodus
By Samrhitha Arunasalam (Reuters) – Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of…
Amazon.com to cut ‘several hundred’ Alexa jobs
By Greg Bensinger (Reuters) – Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial…
NIS 2: all about the new rules and how to prepare
On November 10, 2022, the European Parliament approved the Network and Information Security Directive, better known as “NIS 2.” It is a move that further improves and specifies the directions…
Musk’s X illegally fired worker challenging office return – US labor board
By Samrhitha Arunasalam (Reuters) – Elon Musk‘s X illegally fired an employee in retaliation for her internet posts challenging its return-to-office policy, the U.S. labor board alleged on Friday. In…
Microsoft says US has asked for $28.9 billion in audit dispute
By Stephen Nellis (Reuters) – Microsoft said on Wednesday the U.S. Internal Revenue Service (IRS) in September notified the company that it is seeking an additional tax payment of $28.9…