It was not immediately clear how many employees were affected by Microsoft's recent layoffs. Tech giant Microsoft has quietly laid off an entire internal team focused on diversity, equity, and inclusion (DEI)---making the company the latest corporation to ditch diversity-based initiatives.
Industry
Elon Musk Won’t Give $45M in Monthly Donations to Donald Trump’s Campaign
Elon Musk previously established a super PAC to help support Donald Trump's presidential campaign.
Google’s Parent Company To Invest $5 Billion in Self-Driving Car Unit Waymo
The self-driving car units are now in service in Metro Phoenix, San Francisco, Los Angeles, and Austin.
Israeli Cybersecurity Startup Wiz Rejects Google’s $23 Billion Acquisition: Report
The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.
US Regulators Launch Probe Into Delta Air Lines as It Struggles To Restore Operations Following Global Tech Outage
The investigation comes after the DOT received hundreds of complaints over Delta's "unacceptable customer service conditions."
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French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
Google launched an initiative to eliminate cookies in 2020 but delayed the deadline thrice after failing to gain full support from regulators.
The $5 value meal includes a McChicken or McDouble, chicken nuggets, fries, and a small drink. Fast food chain McDonald's has announced it will extend its popular $5 value meal promo for another month as part of a push to attract more consumers back to its stores.
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools.
More than half of workers surveyed cited low pay as the top reason why they were likely to quit their jobs this year.
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
The global tech outage affected about 8.5 million Windows-based computers and laptops worldwide. A global tech outage following a faulty update from Crowdstrike caused business operations around the world to stop on Friday, leading to an estimated $1 billion in damages.
More than 2,000 flights in the US were canceled by Sunday evening following the tech outage. Hundreds to thousands of businesses worldwide are still struggling following a faulty software update that caused global tech outages on Friday.
