LinkedIn, the social media network for business and professional relationships, has announced an additional job cut that would affect about 688 employees across various departments like engineering, product, finance, etc. The company said the layoffs are necessary to adapt to the organizational structure changes, and to streamline their decision-making process. In May 2023, LinkedIn also…
Qualcomm to Layoff 1200+
Qualcomm Incorporated, also referred to as Qualcomm, is a multinational semiconductor, microchip and software corporation headquartered in California, USA. The company was founded in 1985 with multiple patents critical to mobile communication standards like WCDMA, 4G, and 5G etc. According to recent reports, Qualcomm has announced plans to lay off over 1200 employees in a…
Microsoft: $28.9 billion Back Tax bill
Microsoft has been confronted with a $28.9 billion USD tax bill by the Internal Revenue Service (IRS) for the 2004 to 2013 tax years. The Internal Revenue Service (IRS) is an agency of the Department of the Treasury in the United States of America (USA), responsible for collecting US Federal taxes, resolving wrong or fraudulent…
Mercedes Maybach and Space Perspective
Mercedes Maybach has partnered with space tourism company Space Perspective, to induce luxurious transportation in every aspect of their space exploration experience. Space Perspective is the world’s first carbon-neutral spaceflight company. The company was founded in 2019 and aims to offer commercial space flights using a giant SpaceBalloon. Mercedes Maybach electric vehicles (EVs) will exclusively…
Google: Passkeys by Default
In May 2023, Incognito Blog reported that Google was launching a passkey feature to phase out passwords. This is now going to be offered as a default option, prompting users to Skip password when possible, in Google Account Settings. Passkeys work by using public key cryptography to create a unique digital key pair for each…
Frauscher & Porsche: Luxury Electric Boat
Dr. Ing. h.c. F. Porsche AG, commonly known as Porsche, is a high-performance automobile manufacturer with its headquarters in Stuttgart, Germany. The company was founded in 1931 and boasts of a luxury line of sports cars, SUVs, and sedans. Volkswagen owns 75% of the Porsche brand. Frauscher Shipyard is a boat manufacturer that specializes in…
Perfecta: The AI Powered Grill
Cooking can be a hassle, especially for those who are short on time or don’t have much experience in the kitchen. But what if there was a way to cook delicious meals with just the touch of a button? Meet Suraj, the CEO and founder of Seergrills Ltd, a Birmingham headquartered company looking to make…
Japan: $205 million Electric Aircraft Investment
Japan is taking to the skies with a bold and ambitious plan, investing about $205 million USD (30.6 billion yen) to develop electric powered aircrafts. Japan has been working on electric aircraft technology for some time, and the new investment is aimed at accelerating the development of this technology. According to recent reports, prototype test…
Tesla Welcomes Hyundai & Kia to EV Superchargers
Hyundai and Kia, the South Korean automobile manufacturers, have announced that starting late 2024 their electric vehicles (EV) in the United States of America will adopt Tesla’s North American Charging Standard (NACS). The new charging ports will also be installed in Genesis Motors, a luxury subsidiary of Hyundai. This upgrade to the brands EV’s charging…
Jeff Bezos: Project Kuiper
Jeffrey Preston Bezos is an American billionaire, businessman, and investor with a net worth of about $160 billion USD as of September 2023. Jeff is the founder of Amazon, the largest e-commerce company in the world. Kuiper Systems LLC, also referred to as Project Kuiper, was founded in 2019 as a subsidiary of Amazon, with…