Yes, you heard it right. This is real. The multi-million-making e-commerce company Amazon can no longer sustain its employees. Followed by many big tech companies around the globe, Amazon is also planning for layoffs. Read to know all about it. Why is Amazon Laying Off? Amazon plans to start laying off a striking number of …
Continue reading “Amazon Planning to Lay Off 10,000 Employees”
Air India, a company ranked among the 50 most prominent airlines in the world by fleet size, has been condemned with hefty charges by the U.S. Department of Transportation due to violation of rules in passenger refunds, leaving them with a penalty of $121.5 million. Air India is one of the largest operating airlines in …
“Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13 per cent and let more than 11,000 of our talented employees go”. With these words, Mark Zuckerberg, founder, and CEO of Meta laid off 11,000 employees, or about 13 …
Continue reading “Mark Zukerberg Sacks 11,000 Employees in Worst Tech Layoff”
On Monday, the sphere of agriculture received a big boost as Zimbabwe disclosed the launch of its first-ever nano-satellite into space. Through this, they will be able to scan disasters, escalate agriculture, and also boost mineral mapping. This is an immensely thoughtful step taken by Zimbabwe to advance the sphere of agriculture. They made it …
Apple is not only renowned for its iPhone, but also for its whopping market value. The exponential growth of Apple has been vividly noticed in its market value, surpassing the industry giants Amazon, Alphabet, and Meta combined. Currently, Apple is standing tall at a worth of $2.307 trillion, with its competitor fellows jammed at $2.306 …
Honda has been proposing a battery-swapping infrastructure that would allow motorcycles, scooters, and other vehicles to use the same interchangeable power packs for several years; with the release of the Honda Power Pack Exchanger e:, the company has finally taken a major step toward realizing this vision. The Honda Power Pack Exchanger e:, first offered …
Continue reading “Honda Builds First Motorbike Battery Swap Station For Portable Power Packs”
In recent news, it has been heard that the Supreme Court of New York has stated the reinstation of the sanitation workers who were fired on grounds of not getting vaccinated against COVID-19. On Tuesday, sitting on Staten Island, Justice Ralph Porzio declared that the city’s health commissioner transgressed his authority when he asserted the …
On the 24th of October 2022 Rishi Sunak, the British Conservative Party politician was declared to be the Prime Minister of the UK. A momentous event that had led to a massive celebration in parts of the UK – especially among minority groups. That day, every corner of the globe was an onlooker of outright …
Continue reading “Rishi Sunak – UK Prime Minister of Indian Origin”
Elon Musk has been a constant visitor in regular news for a prolonged period. And this time, Musk did something crazy. It was right after purchasing Twitter for a whopping deal of $44 billion, Musk fired its CEO, Parag Agrawal. The firing didn’t only end with the CEO but also the top executives. There was …
Continue reading “Musk Buys Twitter for $44 Billion and Fires CEO Parag Agrawal”
Replacing the former president, Kevin Jones, who had held the title since 2019, is Amar Maletira. With brilliant management and leadership experience in the field, Maletira is sure to accentuate the business up to its full potential. In the past, Maletira has brought several businesses to become multi-billion-dollar companies. At Rackspace Technology, Maletira already contributed …
Continue reading “Rackspace Technology Appoints Amar Maletira as CEO”
The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.
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