Amazon to invest $1 billion annually to produce movies for theaters
According to a report by the Bloomberg news, Amazon plans to invest more than a billion dollars annually to...
Most expensive drug ever approved by FDA, a $3.5 million-per-dose gene therapy for hemophilia B
On Tuesday, U.S. health regulators cleared the first gene therapy for hemophilia. A one-time treatment costs $3.5 million for the...
No more layoffs planned, Musk tells Twitter staff
In an all-hands meeting, Twitter's new owner Elon Musk told Twitter staff that the company does not plan more layoffs...
Musk loses fortune of $100 billion
Tesla CEO Elon Musk became the first person in history to obtain a $300 billion fortune, last year in November....
Amazon India layoffs are illegal, says IT labour union
According to IT&ITes employees labour union Nascent Information Technology Employees Senate (NITES), Amazon India layoffs are wrong, unjustified and against...
Twitter’s France CEO quits amid reports of more layoffs
On Sunday, among frenetic anticipation over another round of firings at Twitter, the chief executive officer of company's France operations announced...
Tiger Global-Backed Ruangguru Fires Hundreds of Employees
PT Ruang Raya Indonesia, online learning platform, said it had laid off hundreds of employees because the deterioration in the...
Disney brings back Bob Iger as CEO in order to boost growth
The Walt Disney Co is all set for Bob Iger's return as the chief executive officer of the company, less than...
China turns to ex-military personnel to help increase iPhone production, says report
The 10-million strong Foxconn's plant in Zhengzhou employs more than two lakh workers to manufacture 70 per cent of iPhones...
Cisco Now Ready To layoff 4,000 Employees As Part Of Its Rebalancing Move
Adding to the strong of Big Tech layoff season, networking behemoth Cisco is allegedly slacking off more than 4,000 employees,...