American multinational technology company
Amazon: The Margin Train Is Gaining Speed: Amazon remains the cheapest option, by far, for fulfillment, logistics, and customer acquisition ...
seekingalpha.com/article/4685639-amazon-the-margin-train-is-gaining-speed
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Did Meta Just Burst The Big-Tech Bubble?: Given the high valuations, and limited growth potential, the big tech is in a bubble. Read more to see if Meta just ...
seekingalpha.com/article/4686066-did-meta-just-burst-the-big-tech-bubble
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Amazon Signs Exclusive Contract With a Pro Sports Team, and You'll Never Guess Which One
newsweek.com/sports/mlb/amazon-signs-exclusive-contract-pro-sports-team-youll-never-guess-which-one-1894401
Google is officially a $2 trillion company: Alphabet is now valued at over $2 trillion, reaching that market cap despite existential threats to its business ...
theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue
MercadoLibre: A Second Chance At Great Returns For Long-Term Investors: MercadoLibre's Q1 earnings could be a big upside compared to analyst expectations ...
seekingalpha.com/article/4685102-mercadolibre-a-second-chance-at-great-returns-for-long-term-investors
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Google fires more workers who protested its deal with Israel: An activist group says Google fired at least 20 more workers in the aftermath of protests over ...
apnews.com/article/google-israel-protest-workers-gaza-palestinians-96d2871f1340cb84c953118b7ef88b3f
Quick Glance: Google Fires More Employees Following Israel Deal Protests
- An activist group has reported that Google has terminated at least 20 more employees in response to protests over the technology supplied to the Israeli government amid the Gaza conflict, bringing the total number of dismissed employees to over 50.
- This serves as another indication of internal unrest at the tech giant, revolving around 'Project Nimbus,' a $1.2 billion contract signed in 2021 for Google and Amazon to provide cloud computing and AI services to the Israeli government.
- Last week, demonstrations were held by employees at Google offices in New York and Sunnyvale, California, resulting in the company contacting law enforcement, leading to subsequent arrests.
- According to Google, the additional terminations were carried out after an investigation gathered information from colleagues who were 'physically disrupted,' and employees were identified who wore masks and did not carry their ID badges to conceal their identities. The company refuted the group's allegations, asserting that it meticulously verified that 'each individual whose employment was terminated was personally and conclusively involved in disruptive activities within our premises.'
Amazon Is Offering a New Grocery Delivery Subscription Service — Here's How It Works
entrepreneur.com/business-news/amazon-announces-new-grocery-subscription-for-prime-ebt/473109
Google Fires 28 Employees Who Protested an Israeli Cloud Contract: The dismissals escalated longstanding tensions between company leaders and activist employees ...
nytimes.com/2024/04/18/technology/google-firing-israeli-cloud-contract.html
Quick Glance: Google terminates 28 employees after office occupation due to anti-Israel protests
- Google terminated 28 employees on Thursday who had occupied its offices to protest against contracts with the Israeli government, as confirmed by a Google spokesperson.
- The protesters were arrested and after refusing to leave the office of Google Cloud CEO Thomas Kurian in Sunnyvale or the workspace in New York City for nearly 10 hours, they were transferred to administrative positions to urge Google to terminate the Project Nimbus contract and cease business with the Israeli government.
- No Tech For Apartheid, a project by Jewish Voice for Peace and Linda Sarsour’s MPower Change, described the terminations as an "indiscriminate act of mass retaliation."
- The office occupations at Google were accompanied by demonstrations on-site and in Seattle, aiming to compel Google to withdraw from the project to establish cloud-based data centers and transition a significant portion of the Israeli government's IT infrastructure to cloud-based servers.
Google fires more workers after CEO says workplace isn’t for politics: Some employees protested the tech giant’s contract with the Israeli government ...
washingtonpost.com/technology/2024/04/22/google-nimbus-israel-protest-fired-workers/
Quick Glance: Google dismisses workers following protests on technology deal with Israeli government
- Following protests regarding the technology supplied to the Israeli government, Google has terminated employees, heightening tensions around a sensitive contract.
- The confirmed dismissals by Google on Wednesday occurred after nine individuals were detained during sit-in demonstrations in New York and Sunnyvale, California, a day subsequent to police intervention.
- Demonstrations are predominantly coordinated by a faction known as No Tech For Apartheid. Google states that Nimbus is not utilized for weaponry or intelligence purposes.
- Stated in a blog post, Google's CEO Sundar Pichai implied a close supervision of employees as the company enhances efforts in advancing its AI technology, marking a crucial phase in the industry and potentially humanity.
'Loud quitting': What is it and how does it affect businesses?: A recent workplace trend known as "loud quitting" can be devastating for both ...
euronews.com/business/2024/04/22/loud-quitting-what-is-it-and-how-does-it-affect-businesses
Google fired 28 employees after in-office protests in California, NYC: Nine Google workers were arrested during protests against the company's joint $1 ...
businessinsider.com/googlers-arrested-and-fired-israel-protest-project-nimbus-nyc-sunnyvale-2024-4
Quick Glance: Google restructuring operations and relocating roles to 'hubs' to fund AI investments
- Google is implementing staff layoffs and transferring certain roles to 'hubs' to secure funds for artificial intelligence investments.
- The finance and real estate teams are being affected by the downsizing, with some roles being moved overseas.
- Through the consolidation of finance teams in Bangalore, Mexico City, Dublin, Chicago, and Atlanta, Google aims to enhance efficiency and operate around the clock.
- The restructuring is driven by the substantial shift towards artificial intelligence in the tech industry, prompting Google to allocate more resources to this domain.
Sally Beauty: This Undervalued Stock Could Surprise To The Upside: Sally Beauty Holdings, a global cosmetics company, faces stock decline but aims for improved ...
seekingalpha.com/article/4684985-sally-beauty-undervalued-stock-could-surprise-to-upside
Paid articlePaid Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
apnews.com/article/netflix-subscribers-first-quarter-earnings-2024-d0e9759a1bc73419fb2b5047f216b071
Google Fires More Workers Over Israeli Cloud Contract Protest After CEO Says Leave Politics At Home
forbes.com/sites/roberthart/2024/04/23/google-fires-more-workers-over-israeli-cloud-contract-protest-after-ceo-says-leave-politics-at-home/
Supreme Court considers Starbucks’ challenge to labor board’s authority : Starbucks argues that the Supreme Court should raise the bar federal judges use to ...
washingtonpost.com/business/2024/04/23/starbucks-union-supreme-court/
Americans are obsessed with Amazon Prime, and it shows: US Amazon Prime memberships grew 8% to 180 million in March, Bloomberg reported. That means 75% of ...
businessinsider.com/amazon-prime-has-180-million-members-report-shows-2024-4
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Google fires employees who protested Israel contract: Google fired 28 employees Wednesday who protested the tech giant’s cloud computing contract with the ...
thehill.com/policy/technology/4602363-google-fires-employees-who-protested-israel-contract/
Google fires 28 employees as CEO Pichai warns against debating politics: Google has fired 28 employees after protests against the company and Amazon’s $1 ...
thehindu.com/sci-tech/technology/google-fires-28-employees-as-ceo-pichai-warns-against-debating-politics/article68082580.ece
Amazon employee sentenced to prison after theft: Two employees of retail giant Amazon took advantage of their position to steal expensive electrical goods from ...
saechsische.de/kriminalitaet/amazon-mitarbeiter-nach-diebstaehlen-zu-haftstrafen-verurteilt-5986723.html
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
She was fired after not endorsing Splenda-filled salads to people with diabetes. Why?
theguardian.com/commentisfree/2024/apr/18/splenda-diabetes-lawsuit
Top 2 Growth Stock Bargains To Buy In April: 83% of US Election years delivered a positive performance with average annual return of 11.3%.
seekingalpha.com/article/4682530-top-2-growth-stock-bargains-to-buy-in-april
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Amazon Web Services lays off hundreds of tech, sales staff, The Information reports
reuters.com/technology/amazon-web-services-lays-off-tech-sales-staff-information-reports-2024-04-03/
3 VC secrets to landing your dream job after a layoff: Use these VC-inspired mindset shifts to treat your layoff as an opportunity—not just a devastating ...
fastcompany.com/91087541/3-vc-secrets-to-landing-your-dream-job-after-a-layoff
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
Apple Lays Off More Than 600 Workers In California After Scrapping Car And Display Project
forbes.com/sites/siladityaray/2024/04/05/apple-lays-off-more-than-600-workers-in-california-after-scrapping-car-and-display-project/
Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
apnews.com/article/apple-layoffs-tech-iphone-workers-9f10788b1d3552385ee8c7b20209ce17
Quick Glance: Apple lays off over 600 workers in California: First major post-pandemic job cuts
- Apple is carrying out over 600 layoffs in California, representing the company's initial significant wave of job cuts following the pandemic, within a broader context of tech industry consolidation.
- According to reports to regional authorities, 614 employees were informed on March 28 in various offices that they would be losing their jobs, with the dismissals taking effect on May 27.
- The eliminated employees came from eight offices in Santa Clara, as indicated in the submissions under the state's Worker Adjustment and Retraining Notification Act, also known as WARN. However, the specific departments or projects of the workers remain undisclosed.
- Apple did not respond to an early Friday request for comment. The company, headquartered in Cupertino, California, stood out as a noteworthy anomaly while other tech firms downsized their workforce over the last two years. Amidst a surge in hiring during the COVID-19 crisis, with increased online activity and spending, major tech companies have maintained a larger scale post-pandemic. Yet, the current trend entails a shift towards cost reduction as growth rates decelerate.
OpenAI removes Sam Altman's ownership of its Startup Fund: OpenAI has changed the governance structure of its venture capital fund that backs AI startups ...
reuters.com/technology/openai-removes-sam-altmans-ownership-its-startup-fund-2024-04-01/
Quick Glance: OpenAI Removes Sam Altman's Ownership of its Startup Fund
- Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, where he no longer owns or controls the fund.
- The change in the governance structure of the OpenAI Venture Capital Fund was documented, eliminating Sam Altman's unusual ownership structure of the fund.
- Control of the fund has been transferred to Ian Hathaway, a partner at the fund since 2021, with Altman no longer being a general partner.
- An independent investigation following Altman's dramatic ouster from the company concluded that he did not commit any wrongdoing in terms of product safety or OpenAI's finances.
Lizzo clarifies ‘I quit’ statement following speculation: Singer says: ‘When I say “I quit”, I mean I quit giving any negative energy attention’
independent.co.uk/arts-entertainment/music/news/lizzo-quit-music-update-b2522314.html
Amazon lays off several hundred employees: Amazon Web Services is laying off several hundred employees as the company shifts its strategy in some parts of the ...
seattletimes.com/business/amazon/amazon-lays-off-several-hundred-employees/
Amazon-backed Agility Robotics laid off a 'small number' of staff: Workers affected by the job cuts "were not central to core product development and ...
businessinsider.com/agility-robotics-laid-off-employees-amazon-2024-4
FEPI: A Covered Call High Yield Tech Play: Introducing REX FANG & Innovation Equity Premium Income ETF (FEPI), a high-yield fund combining tech growth and ...
seekingalpha.com/article/4684926-fepi-covered-call-high-yield-tech-play
Paid articlePaid Rivian: A Strong Buy At All-Time Lows (Rating Upgrade): Despite a stock drop, Rivian Automotive remains an attractive play with a solid cash position and plans ...
seekingalpha.com/article/4684243-rivian-a-strong-buy-at-all-time-lows-rating-upgrade
Paid articlePaid
Travis Kelce to host spinoff of ‘Are You Smarter Than a 5th Grader?': Travis Kelce is adding “game show host” to his résumé.
today.com/popculture/tv/travis-kelce-are-you-smarter-than-a-celebrity-rcna148053
Quick Glance: Travis Kelce to Present 'Are You Smarter Than a Celebrity?'
- Travis Kelce will host the new game show 'Are You Smarter Than a Celebrity?' for Amazon Prime Video.
- 'Are You Smarter Than a Celebrity?' is a spinoff of 'Are You Smarter Than a 5th Grader?' and offers an updated version of the original game.
‘HR is not your friend’: why frustrated workers are hiring reps of their own: Many US employees don’t trust their HR departments, and instead turn to independent ...
theguardian.com/money/2024/apr/03/human-resources-hr-departments-us-workers
Employees Are Still Worried About Layoffs: Even though layoffs remain low overall, your employees could still be concerned about job security ...
inc.com/sarah-lynch/employees-still-worried-layoffs.html
Canada Goose is laying off 17% of its corporate staff: The outwear maker said the reduction will have “immediate cost savings” and will streamline its workforce
qz.com/canada-goose-corporate-staff-layoffs-1851366694
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Shein's U.S. Marketplace Inks Partnerships with Flexport, ShipStation: Shein's U.S. marketplace will use Flexport and ShipStation to help streamline ...
sourcingjournal.com/topics/logistics/shein-marketplace-flexport-shipstation-fulfillment-logistics-505564/
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Ralf Groene, who lead Microsoft's Surface design team, has announced his retirement
neowin.net/news/ralf-groene-who-lead-microsofts-surface-design-team-has-announced-his-retirement/
Amazon's advertising unit hit with another round of layoffs: Amazon extends job cuts in its advertising unit, according to an internal email obtained by Business ...
businessinsider.com/amazon-advertising-hit-with-another-round-layoffs-2024-3
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Former Amazon Exec Chris Brearton Joins AGBO As Partner: Days after he left Amazon, Chris Brearton has found a new gig. Brearton is joining Anthony and Joe ...
deadline.com/2024/04/chris-brearton-joins-anthony-joe-russo-1235885521/
Sea Limited: Gaming Trends Continue To Soften: Sea Limited's stock has rallied nearly 40% this year, but a number of risks continue to cloud the horizon ...
seekingalpha.com/article/4684037-sea-limited-gaming-trends-continue-to-soften
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A top Amazon executive told CNBC Thursday that it’s a “myth” that robots and other technologies take jobs away from people.
➡️ Read more: Top Amazon exec says it's a 'myth' robots steal jobs
Taking layoffs too lightly | This Week in Business: Sign up for the GI Daily here to get the biggest news straight to your inboxThis Week in Business is our ...
gamesindustry.biz/taking-layoffs-too-lightly-this-week-in-business
MGM+ and MGM Alternative Head Chris Brearton to Exit After 18 Months: "I will miss him as a thought partner and a cheerleader for Studios and Prime Video ...
thewrap.com/chris-brearton-mgm-plus-alternative-exits-amazon/
Is the US media layoffs phenomenon the next housing crisis?: The media sector’s challenges amplify shadow banks’ toll on the US economy and mirror the 2008 ...
aljazeera.com/economy/2024/3/27/is-the-us-media-layoffs-phenomenon-the-next-housing-crisis
MercadoLibre: A Latin American E-Commerce Giant With Potential Upside: MercadoLibre's digital advertising business is rapidly growing and taking market share in ...
seekingalpha.com/article/4683301-mercadolibre-a-latin-american-e-commerce-giant-with-potential-upside
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Paddy Cosgrave returns as CEO of Web Summit: Mr Cosgrave made the announcement on X, formerly known as Twitter, where he added that he intends to make the event ...
irishexaminer.com/business/technology/arid-41369578.html
Amazon Fresh kills “Just Walk Out” shopping tech—it never really worked: "AI" checkout was actually powered by 1,000 human video reviewers in India.
arstechnica.com/gadgets/2024/04/amazon-ends-ai-powered-store-checkout-which-needed-1000-video-reviewers/
Amazon Is Trading Its 'Just Walk Out' AI Technology For 'Smart' Carts — And AI Reportedly Needed Humans to Do the Job Right
entrepreneur.com/business-news/amazon-swaps-just-walk-out-for-smart-carts-at-fresh-stores/472305
Quick Glance: No 'Just Walk Out' at Amazon Grocery Stores: The Rise of Smart Shopping Carts
- Amazon is replacing the 'Just Walk Out' technology in U.S. stores with smart shopping carts, while keeping it in the U.K.
- The company is now banking on the smart shopping cart to potentially revolutionize the food shopping experience.
- Acknowledging the failure to widely implement the 'Just Walk Out' technology, Amazon shifts focus to the smart shopping cart as a more feasible solution.
- Introducing technology in the grocery sector faces challenges, especially concerning consumer trust and the adoption of innovations.
Alibaba: It Is Not The Bargain That Investors Expect It To Be: Is Alibaba really a bargain? Discover the potential drawbacks for investors ...
seekingalpha.com/article/4682304-alibaba-not-the-bargain-investors-expect-it-to-be
Paid articlePaid Amazon Launches Sign-Up App For Its Palm Payment Service—Here’s Why Some Privacy Experts Have Concerns About The Feature
forbes.com/sites/antoniopequenoiv/2024/03/28/amazon-launches-sign-up-app-for-its-palm-payment-service-heres-why-some-privacy-experts-have-concerns-about-the-feature/
Former Twitter/X executives sue Elon Musk for $128 million in unpaid severance: The plaintiffs were immediately laid off when Musk took over the company in 2022.
mashable.com/article/twitter-x-elon-musk-128-million-severence-executives
Quick Glance: Elon Musk sued for Unpaid Severance
- Elon Musk is facing a lawsuit from former Twitter executives alleging he owes them over $128 million in unpaid severance.
- The lawsuit filed by the four executives aims to portray Musk as someone who avoids settling his liabilities and mistreats his employees.
- According to the lawsuit, Musk attempted to evade payment of the owed millions to the executives by disregarding the severance plans outlining compensation in case of unjustified terminations.
- The lawsuit seeks to depict a negative image of Mr. Musk, accusing him of failing to settle debts and mistreating his staff.
Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface: Microsoft said Monday it has selected company veteran Pavan Davuluri to run its ...
cnbc.com/2024/03/26/microsoft-picks-pavan-davuluri-to-lead-windows-and-surface.html
Target loyalty program upgrade to compete against Amazon Prime, Walmart+: Target has a plan to address its comparable sales decline — an enhanced Target Circle ...
axios.com/2024/03/05/target-circle-rewards-same-day-delivery
'Free Palestine!': Google employee fired for disrupting speech: Google engineer fired for protest against collaboration with Israeli military; shouted ...
jpost.com/diaspora/antisemitism/article-791446
Target launches new paid membership program in a bid to drive sales at a time of cautious spending
apnews.com/article/target-fourth-quarter-earnings-inflation-231a975d4bf95a80ed623b52a8c77dff
I got rid of my Kindle; nothing compares to paper books: I got a Kindle to read at night while my partner slept. I quickly realized that it's not the same ...
businessinsider.com/reading-kindle-paper-books-better-2024-3
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Target’s new paid membership program: What to know: The program will cost $99 per year.
abcnews.go.com/Business/target-new-paid-membership-program/story
European parliament revokes Amazon lobbyist passes: MEPs have accused the retailer of failing to cooperate with enquiries into its working practices.
bbc.com/news/technology-68428536
Quick Glance: Amazon Lobbyists Banned from European Parliament
- The European Parliament has confirmed the ban on American tech giant Amazon's lobbyists from accessing the premises after they declined to meet MEPs and discuss employee working conditions.
- The decision was made by the Quaestors of the European Parliament on Tuesday, authorizing the withdrawal of long-term access badges of Amazon's interest representatives in accordance with Rule 123/3 of the EP Rules of Procedure.
- The Quaestors have raised concerns about potential legal action from Amazon and the risk of lobbyists still finding ways into the premises, emphasizing the importance of continued collaboration between the European Parliament and Amazon.
- This marks only the second time in the history of the European Parliament that a corporation's lobbying badges have been revoked, the first being with Monsanto in 2017.
Google employee fired after protesting against Israel: Google fired an employee who protested against Project Nimbus, the company's $1.2 billion contract with ...
businessinsider.com/google-employee-fired-after-protesting-against-israel-2024-3
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'I am losing my mind': Behind the rosy job numbers, Americans are struggling to find work
usatoday.com/story/money/2024/03/07/job-market-cooling-despite-high-employment-numbers/72846912007/
Target to launch paid membership program with free same-day delivery perks: Target announced Tuesday it will join competitors Amazon and Walmart with a paid ...
cleveland.com/business/2024/03/target-to-launch-paid-membership-program-with-free-same-day-delivery-perks.html
Exclusive: AWS, Accenture and Anthropic partner to accelerate enterprise AI adoption
venturebeat.com/ai/exclusive-aws-accenture-and-anthropic-partner-to-accelerate-enterprise-ai-adoption/
Amazon's AWS removes data transfer fees for clients switching to rivals: Amazon's AWS said on Tuesday that customers who want to transfer their data to another ...
reuters.com/technology/amazons-aws-removes-data-transfer-fees-clients-switching-rivals-2024-03-05/
Prime Gaming: This is available in March: As part of a Prime membership, Amazon customers get access to free games within Prime Gaming. Same in March - and ...
stadt-bremerhaven.de/prime-gaming-das-gibt-es-im-maerz/
Google fires employee who protested Israel tech event, as internal dissent mounts
cnbc.com/2024/03/08/google-fires-employee-who-protested-israel-tech-event-shuts-forum.html
Amazon and Snowflake partner to enable modern data streaming pipeline with Snowpipe and Kinesis Data Firehose
venturebeat.com/data-infrastructure/amazon-and-snowflake-partner-to-enable-modern-data-streaming-pipeline-with-snowpipe-and-kinesis-data-firehose/
Amazon delivery driver sacked after calling mum 'stupid' in handwritten note: The brutal note was left by the Amazon delivery driver, explaining where he had ...
mirror.co.uk/news/uk-news/amazon-delivery-driver-sacked-after-32247699
Outdoor Voices' layoffs via Slack ‘lack basic empathy,’ says expert: 'May only exacerbate the anxiety'
cnbc.com/2024/03/16/outdoor-voices-layoffs-via-slack-lack-basic-empathy-says-expert.html
59 Days Into 2024 And 8,100+ Video Game Layoffs Have Been Announced: PlayStation, Electronic Arts, and Microsoft are the latest companies to announce cuts
kotaku.com/game-industry-layoffs-how-many-2024-unity-twitch-1851155818
Rivian is laying off 10 percent of its salaried employees: The Amazon-backed company reported that it lost $1.5 billion in the fourth quarter of 2023 and said ...
engadget.com/rivian-is-laying-off-10-percent-of-its-salaried-employees-010440428.html
Bambu Lab: Discounts on filament now also for non-members: In the ranks of 3D printer enthusiasts, the manufacturer Bambu Lab in particular has been able to make ...
stadt-bremerhaven.de/bambu-lab-rabatte-auf-filament-nun-auch-fuer-nicht-mitglieder/
Wyze outage leaves customers without camera coverage overnight: Company points to "AWS partner" for cameras disappearing from users' apps.
arstechnica.com/gadgets/2024/02/wyze-outage-leaves-customers-without-camera-coverage-overnight/
BANG FOR YOUR BUCK: Amazon, Walmart, and Target's exclusive memberships are all unique but a direct comparison breaks it all down: trib.al/fNFPQuH
The 7 Deadly Sins of Layoffs -- And How You Can Avoid Them: Here are the biggest layoff mistakes to avoid if you want to protect your company's reputation ...
inc.com/sarah-lynch-/how-to-avoid-layoff-mistakes-in-2024.html
Target Circle 360 vs. Amazon Prime vs. Walmart+: Which annual membership is the best deal?
trib.al/Y9wyStH
SpaceX faces hearing on engineers fired after criticising Elon Musk over sexism: Rocket maker SpaceX on Tuesday will appear before a US labour board judge to ...
timeslive.co.za/news/world/2024-03-05-spacex-faces-hearing-on-engineers-fired-after-criticising-elon-musk-over-sexism/
Mark Zuckerberg Explains Why More Than 30,000 Tech Layoffs Have Happened In 2024: Its been barely 50 days since new year 2024 began, and the tech industry has ...
indiatimes.com/worth/news/mark-zuckerberg-explains-why-tech-layoffs-2024-happening-627790.html
Tech layoffs surpass 15,000 in February 2024: Why SAP, Cisco, others are on firing-spree
indianexpress.com/article/technology/tech-news-technology/tech-layoffs-feb-2024-why-companies-firing-9191994/
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