The International Business Machines Corporation is the largest industrial research organization in the world, specializing in computer hardware, middleware, and software solutions. IBM was founded in 1911 and is headquartered in Armonk, New York. According to reports, IBM has announced plans to lay off 8,000 employees in the marketing and communications divisions over a 5-year…
PwC to Layoff 329
PricewaterhouseCoopers International Limited, commonly known as PwC, is a multinational professional services brand. PwC is one of the largest professional services networks in the world, counted among the Big Four accounting firms: Deloitte, KPMG, and EY. Founded in 1854 as Coopers & Lybrand, with its headquarters in London, UK, its core services include assurance, consulting,…
Apple: Web Distribution for iOS Apps
Apple has announced major changes to its mobile application distribution offering in response to various developer backlash and scrutiny by European Union’s laws. This new update will allow developers in the EU publish their iOS applications from the developers private website. According to the report, Apple will provide an Application Programming Interface (API) to enable…
Porsche: The 1,093 Horsepower EV
Porsche is an automobile manufacturer that was founded in 1931 with its headquarters in Stuttgart, Germany. The luxury vehicle company recently announced the launch of its 1,093 horsepower electric vehicle, the Porsche Taycan Turbo GT. Boasting of two power motors, the EV is equipped with a launch control feature that boosts its power output, slinging…
Airbnb bans Indoor Security Cameras
Airbnb, the platform where home owners can list their properties for long term or short term stay, has announced the ban of indoor security cameras in properties. Previously, home owners also referred to as hosts had the option of placing security cameras in common areas living corridors, as long as it was mentioned in the…
China: $27 Billion Semiconductor Investment
The China Integrated Circuit Industry Investment Fund is government guidance fund that was founded in 2014 with its headquarters in Beijing, China. It is an investment management company that aims to help the country attain its primary goal of self reliance in the semiconductor industry. According to recent reports, China is looking to fortify its…
Nikon Acquires RED
Nikon Corporation is a Japanese company that specializes in optics and imaging. It was founded in 1917 with its headquarters in Tokyo, Japan. Nikon produces cameras, camera lenses, binoculars, microscopes, rifle scopes, and other related gear. It is the world’s second-largest optics manufacturer. According to reports, Nikon has announced that it acquired RED digital cinema…
Sorare to Layoff 22
Sorare is a sports management video game that was founded in 2018 with its headquarters in Paris. The game offers a fantasy sports and marketplace experience powered by the blockchain technology. Boasting of over 3 million users, the company was valued at over $4 billion USD as of 2021. According to recent reports, Sorare has…
Hyundai Recalls 36,408 Vehicles
Hyundai has issued a recall of 36,408 vehicles in Canada due to a fault with the trunk release latch. Transport Canada released the report recently, stating that affected units could have a problem opening the trunk if the emergency release latch fails. The recall further mentions that the models affected are Hyundai Elantra manufactured between…
Accenture to Acquire Udacity
Accenture plc is an Irish-American company that specializes in information technology (IT) services and consulting. It was founded in 1989 with its headquarters in Dublin. Accenture was the largest consulting firm in the world by number of employees as of 2022. According to reports, Accenture has announced plans to acquire the online learning platform Udacity,…