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The term was coined by journalist Cory Doctorow to explain the fatal drift of major Internet platforms: if they were ever useful and user-friendly, they will inevitably end up being odious. ....
SAN FRANCISCO (KRON) — Block, the financial services tech company run by Twitter founder Jack Dorsey, plans to cut around 1,000 jobs in the latest round of layoffs to roil the Bay Area tech industry. In a third-quarter shareholder letter published last Thursday, Dorsey, announced the company would be capping its employee head count at […] ....
Stellantis, the multinational maker of Jeep and Ram, said Tuesday that it is canceling its participation in next year’s CES technology show in Las Vegas citing the “mounting” costs of the ongoing auto workers strike in North America. The Europe-based company said its focus is on measures “to mitigate financial impacts and preserve capital,” during the ongoing negotiations with the United Auto Workers union. It said it would “demonstrate its transformation into a mobility tech company through other means” than participation in CES 2024. ....
Tech layoffs are still going on as Meta plans to introduce a fresh round of job cuts. This particular round is expected to impact the chip development team within the company ....
ALBAWABA - The China-based social media giant, has been hit with a staggering €345 million fine by the Irish Data Protection Commission for alleged viol ....