TechnologyTop StoriesGenAI could eclipse cloud as largest tech transformation: Amazon CEO Andy JassyGBO CorrespondentApril 16, 2024 GBO CorrespondentApril 16, 2024 Amazon CEO Andy Jassy highlighted that while migrating to the cloud requires...
Banking and FinanceTop StoriesUBS registers record profit beat, announces job cuts amid stock market highsGBO CorrespondentSeptember 7, 2023September 7, 2023 GBO CorrespondentSeptember 7, 2023September 7, 2023 UBS said that the result primarily reflected USD 28.93 billion in negative...
MarketsTop StoriesTrouble in US start-up sector as Nuro to lay off 340 employees to increase capital runwayGBO CorrespondentMay 18, 2023 GBO CorrespondentMay 18, 2023 Nuro will put a halt to its efforts to expand its business...
TechnologyTop StoriesElon Musk’s firing spree now affecting Twitter’s ability to control misinformationGBO CorrespondentMarch 14, 2023 GBO CorrespondentMarch 14, 2023 Twitter is down to less than 2,000 employees, from more than 7,500...
MarketsTop StoriesLaid-off techies find jobs in small firms, but with pay cutsGBO CorrespondentMarch 9, 2023March 9, 2023 GBO CorrespondentMarch 9, 2023March 9, 2023 Talking about the tech sector layoffs, most companies have already promised to...
TechnologyTop StoriesLayoffs 2023: 417 IT companies fired close to 1.2 lakh workersGBO CorrespondentMarch 7, 2023 GBO CorrespondentMarch 7, 2023 Meta is reportedly planning another significant round of layoffs, similar to the...
TechnologyTop StoriesNetflix lays off 300 employees in the second roundGBO CorrespondentJune 27, 2022 GBO CorrespondentJune 27, 2022 It is expected that in the current quarter, Netflix will lose around...
EconomyTop StoriesCazoo to cut 750 jobs in UK & Europe amidst recession fearsGBO CorrespondentJune 10, 2022 GBO CorrespondentJune 10, 2022 The company said business restructuring is necessary to protect earnings during difficult...