BYJU’S Addresses $533 Million Investment Denies Misleading Reports, Clarifies Fund Ownership BYJU’S, a prominent edtech company, has disclosed that it has invested $533 million in high-security fixed-income instruments. In response to media reports that suggested a change in the ownership status of these funds, BYJU’S has come forward to categorically deny such claims. This article …
AI Anxiety in the Workplace LinkedIn Survey Reveals Employee Concerns LinkedIn, a leading professional networking platform, conducted a global survey in August, encompassing 30,000 employees across 18 countries. The survey findings reveal a prevalent sense of unease among employees regarding artificial intelligence (AI) knowledge and the rapid advancements in the field. Nearly half of the …
Wells Fargo’s Ongoing Workforce Reduction Shaping a Leaner, Efficient Future Wells Fargo, a prominent player in the financial sector, has been on a trajectory of reducing its workforce since the third quarter of 2010. As of the end of the June quarter, the bank’s employee count stood at 233,834, marking a significant decrease from 243,674 …
Paxos Admits Costly Bitcoin Transaction Blunder A $510,000 Fee Mystery Unveiled A puzzling Bitcoin transaction that inexplicably paid a staggering $510,000 fee to the network has been attributed to Paxos, a prominent cryptocurrency and blockchain company. The transaction raised eyebrows within the blockchain community when it came to light earlier this week, prompting speculation about …
Apple’s Meteoric Ascent Projected $3 Trillion Market Value and the iPhone 15 Impact Apple Inc., the tech behemoth, is poised to achieve an astounding milestone, with its market value set to surge past the $3 trillion mark, according to senior tech analyst Daniel Ives from Wedbush Securities. Ives sees the recent unveiling of the iPhone …