Cisco recently announced that they are cutting 7% of their global workforce, which equates to over 4,000 jobs. This move is part of a larger restructuring plan that aims to result in $1 billion in pretax charges to the company’s financial results. The goal of this plan is to allow Cisco to invest in key
Enterprise
The UK government, under Prime Minister Keir Starmer’s leadership, is contemplating the reinforcement of internet safety regulations in response to recent events. These events included misinformation leading to anti-immigration protests and controversial comments made by Elon Musk, the owner of X, reaching millions of people. Industry sources familiar with the matter disclosed to CNBC that
Research conducted by the Center for Countering Digital Hate has revealed that Instagram has failed to remove toxic comments aimed at Vice President Kamala Harris and other prominent female politicians on its platform as the 2024 election approaches. Despite efforts to monitor hate speech, the social media app has shown negligence in enforcing its policies
During Google’s Pixel phone launch on Tuesday, a product director named David Citron took the stage to show off the mobile capabilities of the company’s new AI assistant, Gemini. Things got awkward right after the presenter told the audience, “all the demos today are live, by the way.”In front of a big crowd of media
Recently, it came to light that Elon Musk’s SpaceX has been violating environmental regulations by releasing pollutants into or near bodies of water in Texas. The Texas Commission on Environmental Quality (TCEQ) issued a notice of violation focused on SpaceX’s water deluge system at its Starbase launch facility. This notice was preceded by the Environmental
Recently, the European Commission issued a warning to X Corp. owner Elon Musk and CEO Linda Yaccarino regarding the spread of illegal content on its social media platform. The warning highlighted the dissemination of content that incites violence, hate, and racism, especially in connection with major political or societal events worldwide. In response to the
The tech world was shocked by the news of former YouTube CEO Susan Wojcicki’s passing at the age of 56. Wojcicki was not only a pioneer at Google but also one of the few women to hold a CEO role at a major tech company in Silicon Valley. Her husband, Dennis Troper, and Google CEO
Contested Venezuelan President Nicolas Maduro recently made headlines when he issued a 10-day ban on social networking platform X, sparking a debate on the limits of free speech and government censorship. The ban came after a public feud with tech billionaire Elon Musk, highlighting the power dynamics between political leaders and influential figures in the
Apple has been making headlines with its plans to introduce advanced artificial intelligence features to its devices. Analysts have suggested that the company could potentially charge up to $20 for these AI capabilities in order to boost its services business. Neil Shah, a partner at Counterpoint Research, mentioned that the investment in AI is quite
Sony’s finance chief, Hiroki Totoki, recently announced that the company would not be reconsidering a bid for film and TV production group Paramount Global. This decision comes as a surprise to many, especially considering Sony’s previous interest in acquiring the media giant. Totoki cited strategic reasons for this decision, stating that acquiring Paramount would not