Microsoft Announces Workforce Reduction, Reports Impressive Profits In a significant development, Microsoft disclosed its decision to reduce its workforce by approximately 10,000 employees in January, which accounts for approximately 5% of its total workforce. This strategic move indicates the company’s commitment to optimizing its operations and aligning its workforce with evolving business needs. It’s noteworthy …
Class-Action Lawsuit Continues Google’s “Web & App Activity” Privacy Checkbox Under Scrutiny In an ongoing legal battle, a class-action lawsuit has been filed against Google regarding the functionality of its “Web & App Activity” privacy checkbox. This checkbox, which is intended to prevent Google from storing a user’s online “activity” on its servers, is at …
Amazon Unveils Innovative Generative AI Feature for Vendors In a significant development, Amazon has introduced a cutting-edge generative AI feature that empowers vendors to upload product photos directly to Amazon’s Ad Console service. This feature, currently in beta, promises to revolutionize the advertising landscape on Amazon’s platform, enhancing the efficiency and effectiveness of product promotion. …
Rishi Sunak Advocates Honesty on the Risks and Rewards of Advanced AI Technology In an address, Rishi Sunak, a prominent figure in the realm of technology and finance, will emphasize the importance of candidly acknowledging the potential risks and rewards posed by powerful AI systems. He will underscore the “new opportunities” for economic growth that …
Unacademy-Owned SaaS Platform Graphy Reduces Workforce Amid EdTech Landscape Changes Graphy, the software-as-a-service (SaaS) platform under the Unacademy umbrella, has recently made the decision to downsize its workforce by approximately 20-30%, leading to the departure of nearly 50 employees in the past few weeks. Graphy, which provides learning management system services to content creators in …