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Costs from Global CrowdStrike Outage Could Exceed $1 Billion
The global tech outage caused by a faulty CrowdStrike update on Friday could result in damages exceeding $1 billion. The glitch disrupted various sectors,...
Kaspersky to shut down its US business due to sanctions
Russian cybersecurity firm Kaspersky Lab announced it will cease its U.S. operations starting July 20, following sanctions from the U.S. Treasury Department's Office of...
Intuit lays off 1,800 people amid a shift to AI
Intuit, the company behind QuickBooks, Credit Karma, and TurboTax, is laying off 1,800 employees, which is about 10% of its global workforce. CEO Sasan...
VMWare revenue drops by $600 million but Broadcom assures investors growth plan is on track
In its first full quarter under Broadcom's ownership, VMware's revenue fell by $600 million, dropping to $2.7 billion. Despite this decline, Broadcom CEO Hock...
Apple faces backlash over recent ads
Apple is currently facing significant public backlash due to a controversial advertisement featuring a hydraulic press crushing various creative tools, including musical instruments and...
 Google executives face employee concerns amid profitsurge
At a recent all-hands meeting, Google employees voiced significant concerns regarding morale, cost-cutting measures, and the impact of layoffs, despite the company's robust first-quarter...
Spotify CEO confesses to “rough times after layoffs” – stock price rises
In December, Spotify CEO Daniel Ek announced the largest round of layoffs in the company's history, cutting 1,500 jobs in a bid to streamline...
Zuckerberg shares his vision with investors and Meta stock tanks
In an era where instant gratification is often the norm, Meta CEO Mark Zuckerberg’s strategic pivot towards long-term, high-stakes investments in artificial intelligence (AI)...