Microsoft, the multinational technology company, has recently announced that it will split its Office 365 suite into two separate products: Microsoft 365 and Microsoft Teams. Microsoft 365 will focus on productivity and collaboration tools, while Microsoft Teams will focus on chat, video conferencing, and file sharing for enterprise customers outside the EU and Switzerland. The…
Apple to Layoff 614
Apple, the multinational technology company, has announced plans to lay off 614 employees across various California locations. Workers affected by the layoffs include machine shop managers, hardware engineers, and product design engineers. These job cuts come after the company terminated its electric vehicle and smartwatch display projects, citing complexity and high cost. The report further…
Amazon To Layoff Hundreds
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms to individuals, companies, and governments on a metered, pay-as-you-go basis. Its web services were founded in 2002, and its cloud computing unit was established in 2006. According to reports, AWS has announced plans to lay off hundreds of employees…
Google Podcast Shuts down
Google Podcasts is a podcast application developed by Google, and launched in 2018 for Android devices. In 2019, it launched versions for iOS and desktop. According to reports, Google has announced that its podcast application will shut down and will no longer be available to users. This is a result of the company’s aim to…
Kia Recalls 427,407 Vehicles
Kia has issued a recall of 427,407 vehicles due to a transmission problem that can cause the car to roll away while in park. According to the notice from the National Highway Traffic Safety Administration (NHTSA), the shaft assembly may not be fully engaged due to suspected improper assembly by the supplier. Over time, partial…
Vodafone to Layoff 2,000
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…
Visa & Mastercard: $30 Billion Settlement
Visa Inc. is a multinational payment services company that processes electronic money transfers through its credit, debit, and prepaid cards. Visa is one of the most valuable companies globally, and boasts of having processed over $6 trillion USD as of 2014. Founded in 1958, the company is headquartered in California, USA. Mastercard Inc. is a…
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…