Microsoft's Activision Acquisition and Investments on AI Drive 18% Revenue Surge

Microsoft surpassed analyst expectations on Tuesday, as its heavy investment in artificial intelligence (AI) produced good results.


PayPal to Cut 2,500 Jobs or 9% of Global Workforce in Another Massive Layoff Round

PayPal has announced its plan to cut its global workforce by 9% or about 2,500 jobs this year. PayPal is planning to cut its global workforce by 9% or about 2,500 jobs this year, according to its CEO Alex Chriss.

Russia's Vladimir Putin's Income as President Revealed: How Much Money Did He Earn in the Past 6 Years?

Russia's Central Election Commission (CEC) published the financial earnings of Russian President Vladimir Putin on Tuesday.

Samsung Remains Optimistic About Digital Devices Demand Despite 2023 Chip Sales Decrease

Samsung predicted a gradual rebound in tech demand and memory chips in 2024 despite a 34% drop in 2023 fourth-quarter profitability.


Latest News

Elon Musk Could Lose His Spot as World's Richest Person After Judge Voids His Record-Breaking $55 Billion Tesla Pay Package
A Delaware judge ruled on Tuesday to void Tesla CEO Elon Musk's 2018 compensation package, which is potentially worth up to $55.8 billion.
UPS Posts Positive Quarterly Earnings, And Forecasts A Strong Holiday Season
UPS is set to lay off 12,000 workers this year, attributing the decision to a notable slowdown in delivery volume.
Web Network
A recent study predicts that around 62,000 entertainment jobs in California are likely to be disrupted by AI.
Simplifying Online Security: How Dteckt Empowers Everyone to Stay Safe Online
With the ever-present threat and news of data breaches, identity theft, and cyberattacks, the demand for robust consumer cybersecurity solutions has reached unprecedented levels. Relying solely on businesses and organizations to keep us safe is no longer enough. In fact, research suggests that 50% of companies have little to absolutely no cybersecurity capabilities. Fortunately, Dteckt, an innovative cybersecurity platform, finds itself well-positioned to capitalize on this growing market.
HSBC
The Bank of England fined HSBC £57.4 million ($72.8 million) for "serious failings" in customer money protection.
Joe Biden to Ban Salary History Use in Federal Employment Offers, Require Contractors to Reveal Pay Ranges in Job Ads
The administration of President Joe Biden plans to require companies with federal government contracts to disclose compensation ranges in job postings.
prison
Inmates are part of a covert workforce in the US that is associated with several famous food firms. A secret workforce in the United States is connected to hundreds of well-known food companies, and it involves prisoners.
Walmart to Offer Store Managers Company Stock as Compensation
Walmart is now giving out stock grants to store managers as part of compensation packages. Walmart is now giving out stock grants to store managers as part of compensation packages.
Donald Trump's Tax Return Leaker Gets 5 Years in Prison
Former President Donald Trump's tax return leaker, Charles Littlejohn, was sentenced to five years in prison.
US Congress Negotiators Strike Deal on 12 Government Spending Bills
Bipartisan negotiators in the US Congress have reached an agreement on spending levels in the 12 bills crucial in preventing a government shutdown.