Vodafone Group Plc, the British multinational telecommunications company, was founded in 1991 and has its headquarters in Berkshire, England. As of 2024, it owns and operates networks in 21 countries. According to reports, Vodafone has announced plans to lay off 2,000 employees over the next 2 years in its Germany operations. This restructuring plan aims…
Amazon: $7.8 Million Fine
Amazon has been fined $7.8 million USD by the Competition authorities in Poland for misleading customers about product availability and delivery dates. UOKiK stands for the Office of Competition and Consumer Protection in Poland. It’s the government agency that’s responsible for enforcing competition law and consumer protection law in Poland and takes action against anti-competitive…
South Africa: Bus Crash kills 45
The Republic of South Africa, commonly known as South Africa, is a country in the southern region of Africa. With a population of over 60 million residents as of 2022. According to reports, on 28 March 2024, a bus conveying pilgrims from Gaborone, Botswana, to a church for an Easter conference fell off a bridge…
Canva: $380 Million Serif Acquisition Deal
Canva is an online template editor app for creating social media graphics and presentations. It was founded in 2013 and is headquartered in Sydney, Australia. It boasts over 100 million active users. According to reports, Canva has announced the acquisition of Serif, a British software development company, for approximately $380 million USD. This acquisition will…
Africa: MTN Exits Multiple African Countries
MTN Group Limited, formerly known as M-Cell, is a South African multinational corporation and mobile telecommunications provider. It was founded in 1994 and is headquartered in Johannesburg. It is Africa’s largest mobile network operator and boasts over 289 million subscribers as of 2022. According to reports, MTN has announced plans to exit Guinea-Bissau, Guinea, and…
Ericsson to Layoff 1,200
Telephone Stock Company of LM Ericsson, commonly known as Ericsson, is a Swedish multinational networking and telecommunications company. It was founded in 1876 and is headquartered in Stockholm. The company specializes in information and communications technology for telecommunications service providers and enterprises, including 3G, 4G, and 5G equipment, IP, etc. It also invented Bluetooth technology…
Dell to Layoff 6,000
Dell Technologies Inc. is an American multinational technology company. It is headquartered in Round Rock, Texas and was established in 2016 after a merger with the EMC Corporation. Dell’s products include personal computers, servers, monitors, computer software, etc. According to reports, Dell has announced plans to lay off 6,000 employees in a bid to cut…
Stellantis Recalls 284,982 Vehicles
Stellantis has issued a recall of 284,982 vehicles in the United States due to faulty side curtain airbag inflators. According to the notice from the National Highway Traffic Safety Administration (NHTSA), moisture may get into the inflators due to a manufacturing defect and cause corrosion and possibly crack the inflators. There hasn’t been any report…
Brazil: Flood Kills 27
The Federative Republic of Brazil, commonly known as Brazil, is a country located in South America with a population of over 200 million residents. Brazil is supposedly the 5th largest country in the world by area (3,287,956 square mi) and the 7th most populous. Intense rainfall has struck parts of Southeastern Brazil, causing severe flooding…
Stellantis to Layoff 400
Stellantis N.V., the multinational automotive company, has announced plans to lay off about 400 employees in the engineering, technology, and software division in the US as part of a restructuring initiative aimed at reducing costs as the company transitions from combustion engines to electric vehicles. The report further mentions that Stellantis plans to launch 18…