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Khan failed Tuesday in her latest effort to block a big-tech deal when a federal judge denied her agency’s bid to block Microsoft from closing its purchase of videogame publisher Activision Blizzard. The FTC suffered a similar setback earlier this year when it tried to thwart Meta Platforms’ purchase of a virtual-reality gaming company. Khan, […]
Technology-driven companies across industries have been laying off workers at the fastest pace since the Covid-19 pandemic shocked the global economy in 2020, according to one data tracker. Collectively, employers in the slumping tech sector cut more than 150,000 jobs in 2022, based on estimates from Layoffs.fyi, a website that tracks the events as they […]
Jeff Bezos was sued by a former housekeeper who claims she was subject to racial discrimination by his staff and forced to work long hours in unsanitary conditions without rest or meal breaks. Mercedes Wedaa, who joined the billionaire Amazon.com Inc. founder’s staff in September 2019, sometimes worked 10 to 14 hours a day and […]
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When Elon Musk opened a Tesla factory in Shanghai in 2019, the Chinese government welcomed him with billions of dollars’ worth of cheap land, loans, tax breaks and subsidies. “I really think China is the future,” Musk cheered. Tesla’s road since then has been lucrative, with a quarter of the company’s revenue in 2021 coming […]
Twitter Inc., which is trying to defend itself against Elon Musk’s $43 billion takeover bid, has a poison pill in place, so the next obvious move on the hostile M&A to-do list is likely already being contemplated: a white knight. White knights ride in as rival buyers to save companies pursued by unwelcome suitors, often […]
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Amazon.com accused the new union at a New York City warehouse of threatening workers unless they voted to organize, an assertion an attorney for the labor group called “really absurd.” A second labor group, the Retail, Wholesale and Department Store Union (RWDSU), which was losing a bid to organize an Amazon warehouse in Alabama, also […]
Workers at an Amazon.com facility in New York City’s Staten Island on Friday voted in favor of forming a union, making it the online retailer’s first U.S. facility to organize. 🗞️ Subscribe Now: Get Express Premium to access the best Election reporting and analysis 🗞️ Employees at the fulfillment center, known as JFK8, secured a […]
95% of workers in India reported that they need more digital skills to cope with changes in their jobs due to the Covid-19 pandemic, according to the findings of a new research report by Amazon Web Services, Inc. (AWS), an Amazon.com company. The report found that over the next year, the number of India workers […]
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BENGALURU : Amazon.com Inc’s live-streaming site Twitch said on Wednesday its services are facing several issues. “Our team is aware and hard at work fixing them – we’ll continue to update you,” Twitch tweeted. 🔎 We are aware of several issues affecting Twitch services. Our team is aware and hard at work fixing them – […]
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Amazon Web Services (AWS), the cloud computing arm of Amazon.com, on Wednesday launched its ‘re/Start’ programme in India to help develop cloud computing skills in local talent and provide job opportunities to the unemployed and underemployed population. AWS re/Start is a free skills-development and job training program that prepares learners for cloud computing careers. The […]
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