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Tech news
Meta to lay off 10,000 workers once again
Meta is set to lay off 10,000 workers to cut costs, between $3 billion to $5 billion, as the company’s economic…
Silicon Valley Bank’s collapse disrupts tech sector
Tech sector suffered deep disruption caused by the demise of Silicon Valley Bank (SVB), the sector's most enabling…
Advertisers avert from Twitter amidst technical issues
Twitter’s recent glitches and technical issues have been off putting to users and advertisers alike, as the social…
U.S. law to increase working hours as TikTok protection
The Ohio Senate acknowledged a petition to propose a law increasing working hours for teenagers to protect them…
Telecom Egypt to adopt IBM’s automation technologies in network development
State-run Telecom Egypt (TE) has announced on Monday its partnership with International Business Machines…
VW to invest $193 bln over 5 years to meet EV target
German Volkswagen automaker is planning on investing around $193 billion over the next five years in fields like…
SAP software group agrees to sell Qualtrics stake for $7.7bln
Software group SAP has agreed to sell its stake in data analytics firm Qualtrics for $7.7 billion as part of the…
Meta considers to rival Twitter with possible new app
Meta Platforms Inc. is planning to build a new text updates sharing platform, which might be a high-profile…
Instagram back after global outage
Meta Platform’s Instagram went back up for most user, following the app’s global outage, resolving the hours-long…
Relativity postpones launch of Terran 1 rocket at last minute
U.S. aerospace manufacturing company, Relativity Space, has postponed the first launch of its entirely 3D-printed…
