Netflix, the subscription based video streaming service, has signed a long term partnership with World Wrestling Entertainment (WWE), to bring live sports entertainment to the streaming service. World Wrestling Entertainment (WWE) is a company that performs shows involving professional wrestling. It was founded in 1953 as the Capitol Wrestling Corporation and is now owned and controlled by TKO…
LoanDepot: Cyberattack Hits 16.6m Customers
LoanDepot is a non-banking financial institution (NBFI) that offers mortgage and non-mortgage lending solutions. A non-banking financial institution is a financial institution that does not have a full banking license but provides bank-related services. The company was founded in 2009, with its headquarters in California, USA. According to recent reports, LoanDepot was hit by a…
Terraform Labs Files for Bankruptcy
Terraform Labs is a company that develops blockchain known as Terra and Luna for Web3 services and products. It was founded in 2018 and has its headquarters in Singapore. Terraform Labs recently filed for Chapter 11 bankruptcy in Delaware, following the collapse of cryptocurrencies in 2022. The report further mentions that the filing is a…
Japan: Touch Down on the Moon
The Japan Aerospace Exploration Agency (JAXA) is an agency of the Government of Japan in charge of research, and technology advancements that include the launch of exploratory space missions into the orbit. The company was formed through the merger of 3 independent organizations in the year 2003. It is headquartered in Tokyo, Japan. According to…
Wayfair To Layoff 1,650
Wayfair Inc. is an e-commerce company that specializes in the sale of furniture and home goods. It was founded in 2002 and was formerly known as CSN Stores, with its headquarters in Boston, Massachusetts. The company currently offers 14 million items from more than 11,000 global suppliers, with offices and warehouses throughout the United States,…
Google Introduces New Ways to Search
Google, the multinational technology company that boasts of being the largest provider of search, navigation, cloud storage, mapping, and email technology, etc., has announced 2 new methods that will help customers search for contents faster. According to recent reports, Google released ‘Circle to Search’ for Android, giving customers the ability to circle, tap, or highlight…
Macy’s to Layoff 2,350
Macy’s is a department store that was founded in 1858, with its headquarters in New York City, USA. Its range of products include things like clothing, cosmetic, furniture, home appliances, toiletries, houseware, toys, etc. Macy’s is a subsidiary of a Macy’s Inc, formerly referred to as Federated Department Stores, Inc. The company boasts of being…
YouTube to Layoff 100
YouTube is an online video sharing and social media platform, a subsidiary of Google, accessible worldwide. It was launched in 2005, with its headquarters in San Bruno, California. It is the second most visited website in the world, after Google Search. It boasts of over 2.5 billion monthly users. According to reports, YouTube has announced…
Volvo Recalls 17,409 Vehicles
Volvo Cars is a multinational luxury vehicle manufacturer founded in 1927, with its headquarters in Gothenburg, Sweden. The company has been a standalone organization since 1999, when its parent company, AB Volvo, sold its automobile manufacturing division to Ford Motor Company, and in 2010 Ford sold the company to Geely, a private multinational automotive company…
India: The Clamp Down on Crypto
The Financial Intelligence Unit – India (FIU-IND), an agency of India’s Department of Revenue, that is in charge of monitoring and controlling financial activities in the country and tackling offences under the Prevention of Money Laundering Act, 2002, has increased the clamp down on cryptocurrencies. According to recent reports, both Google and Apple have removed…