Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in […]
Category: Technology
Adidas may lose $1.2 billion over unsold Yeezy stock
Adidas could lose around 1.2 billion euros ($1.3 billion) in revenue in 2023 if it is unable to sell its existing Yeezy stock. The German […]
Alphabet loses more than $100 billion over A.I. fiasco
Shares of Google’s parent Alphabet closed down more than 7% on Wednesday after the company held an event that promoted its new artificial intelligence chatbot […]
Dell to sack over 6000 workers
Dell on Monday announced plans to lay off 5% of its workforce, or about 6,650 employees, according to an SEC filing. The cuts at Dell […]
Crypto exchange Binance suspends U.S. dollar transfers
Binance, the world’s largest cryptocurrency exchange, will suspend U.S. dollar deposits and withdrawals, the company said Monday, without providing a reason for the decision. “We […]