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Snap cutting 20pc of staff as ad sales continue to dry up

SILVER SPRING, MARYLAND (AP) – The parent company of social media platform Snapchat said on Wednesday that it is letting go of 20 per cent of its staff as it reorganises and tries to reduce costs in the face of declining ad sales. In a letter to staff posted on Snap Inc’s website, CEO Evan […]

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Maryland
United-states
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York-stock-exchange
Facebook
New-york-stock-exchange
Snap-inc
New-york-stock
Silver
Spring

Apple suppliers to make Apple Watch and MacBook in Vietnam

THE JAKARTA POST – Apple Inc’s suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple’s Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of Apple Watch and MacBook in Northern Vietnam, […]

Vietnam
Republic-of
China
Mexico
United-states
India
Chinese
American
Apple-inc
Apple-watch
Nikkei-asia

Australian court orders Google to pay USD43M for misleading users

CNA – Australia’s competition watchdog said yesterday Alphabet Inc’s Google unit was ordered by the country’s Federal Court to pay AUD60 million (USD42.7 million) in penalties for misleading users on the collection of their personal location data. The court found Google misled some customers about personal location data collected through their Android mobile devices between […]

Australia
Australian
Google
Australian-competition-consumer-commission
Alphabet-inc-google
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Federal-court
Australian-competition
Consumer-commission
Meta-platform-facebook
Cna

TOKYO Japanese companies look to invest 25% more into equipment, real estate and other physical assets this fiscal year, a Nikkei survey

Japan
India
Russia
Ukraine
Russian
Japanese
Makoto-uchida
Daisuke-murata
Panasonic-holdings
Nissan-motor
Saisuke-sakai-at-mizuho-research
Sony-group

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