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Thai Stocks to Rebound on New Government Optimism, Analysts Say
Thai Stocks to Rebound on New Government Optimism, Analysts Say
Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster
2023-07-03 18:02
Cybersecurity startup Wiz considers potential bid for SentinelOne
Cybersecurity startup Wiz considers potential bid for SentinelOne
(Reuters) -Cybersecurity startup Wiz said on Friday it is considering a potential bid for SentinelOne after the $4.9 billion company
2023-08-26 04:19
Former Viking Peterson open to NFL comeback
Former Viking Peterson open to NFL comeback
Former NFL Most Valuable Player and seven-time Pro Bowl running-back Adrian Peterson says he is willing to consider a comeback...
2023-05-25 01:43
LinkedIn becomes latest tech company to conduct layoffs
LinkedIn becomes latest tech company to conduct layoffs
LinkedIn, the business-focused social media platform owned by Microsoft, announced on Monday it would be reducing its workforce by approximately 668, becoming the latest tech company to conduct mass layoffs. “Talent changes are a difficult, but necessary and regular part of managing our business,” the company wrote in a blog post adding that the changes were a result of adapting organisational structures and streamlining decision-making. The company said the roles being cut span across engineering, product, talent and finance teams. “We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect,” LinkedIn wrote. This round of layoffs comes just months after LinkedIn laid off 716 employees in May citing a change in their Global Business Organization. In the first half of this year, tech companies like Microsoft, Google, Meta and Amazon saw massive layoffs in part because the sector struggled to keep up with salary maintenance while revenue slowed down. In January, Microsoft announced it would be reducing its workforce by 10,000 following a report showing company growth was at its slowest in six years. Part of that included advertising revenue that performed worse than expected. Microsoft’s advertising revenue partially comes from LinkedIn which makes money from ads on the platform in addition to users who pay a premium membership subscription fee. Though LinkedIn saw revenue and website membership growth over the last year, it is slower than in previous years. In Q4 of 2023, the company’s revenue increased 5 per cent year-on-year – a drop from the previous quarter at 10 per cent. The company also laid off 716 workers in May, after growing massively during the pandemic. Around 40% of LinkedIn’s almost 20,000 workers were hired during the pandemic. The cuts affect approximately 3 per cent of the total workforce at LinkedIn. The company has an estimated 21,000 employees – around 40 per cent of those workers were hired during the pandemic, according to The San Francisco Chronicle. Read More Who is hit hardest by Big Tech job cuts? Cooks and janitors Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagrees
2023-10-17 04:27
Savvy Games Group acquires Scopely for $4.9 billion Saudi government-owned gaming firm
Savvy Games Group acquires Scopely for $4.9 billion Saudi government-owned gaming firm
Savvy Games Group has acquired Scopely for $4.9 billion and tease that "exciting projects" are on the way.
1970-01-01 08:00
Attack drones hit Moscow as Kyiv struck for third day
Attack drones hit Moscow as Kyiv struck for third day
A swarm of drones hit Moscow on Tuesday in an unprecedented attack and Russian drones struck Kyiv for a third straight day as Ukraine gears up for...
2023-05-30 16:07
Google Keep is about to become a lot more useful
Google Keep is about to become a lot more useful
Google Keep, the company's note-taking app, is a nice, free way to write down quick
2023-08-18 19:02
Vikings bring back LB Anthony Barr on practice squad after Jordan Hicks injury
Vikings bring back LB Anthony Barr on practice squad after Jordan Hicks injury
The Minnesota Vikings have signed linebacker Anthony Barr to their practice squad
2023-11-15 04:50
Stray Safe Mysterious Password Explained: What is the Password?
Stray Safe Mysterious Password Explained: What is the Password?
Stray players are looking for the safe's mysterious password while exploring the Slums of the game's cybercity.
1970-01-01 08:00
Who is Themba Gorimbo? Dwayne Johnson offers to help UFC fighter who had just $7 in bank account
Who is Themba Gorimbo? Dwayne Johnson offers to help UFC fighter who had just $7 in bank account
Similar to Themba Gorimbo, Dwayne Johnson also began his journey with $7 in his pocket and he said he would support the UFC fighter
2023-06-11 18:28
Heavy rain and landslides have killed at least 72 people this week in an Indian Himalayan state
Heavy rain and landslides have killed at least 72 people this week in an Indian Himalayan state
Days of relentless rain in India’s Himalayan region have killed at least 72 people this week as a heavy monsoon triggered landslides and flash floods that have submerged roads, washed away buildings and left residents scrambling for safety
2023-08-17 14:24
Private Debt Firms Roil Asset-Based Loans as Liquidity Heroes
Private Debt Firms Roil Asset-Based Loans as Liquidity Heroes
Private credit firms are extending their reach into the more than $260 billion global asset-based lending business, seizing
2023-07-21 04:18