Tesla to Lay Off 2,700 in Austin, Over 3,300 in California Under Restructuring Scheme
Apr 24, 2024 03:48 am UTC| Business
Tesla Inc. is not yet done with job cuts this year. It was reported that it would axe an additional 2,700 in Austin, Texas, and more than 3,300 in California. Teslas Restructuring and WARN Notice The workforce...
US Supreme Court Signals Support for Starbucks in Landmark Labor Law Case
Apr 24, 2024 03:13 am UTC| Business Law
The U.S. Supreme Court on Tuesday indicated a potential victory for Starbucks, reflecting a challenge to the extended authority of the National Labor Relations Board (NLRB) in disputes regarding the reinstatement of union...
Crypto.com's Launch in South Korea Stalled by AML Regulatory Concerns, Postponement Announced
Apr 23, 2024 16:57 pm UTC| Technology Digital Currency Business
Crypto.com has delayed its much-anticipated launch in South Korea after an emergency inspection by local regulators revealed issues with its anti-money laundering measures, forcing the cryptocurrency exchange to reassess...
Coca-Cola, Microsoft Forge $1.1B Alliance for Cloud and AI Innovation
Apr 23, 2024 16:35 pm UTC| Technology Business
The Coca-Cola Company and Microsoft Corp. have joined forces in a $1.1 billion deal to leverage Microsoft Cloud and AI technologies, aiming to streamline operations and spark worldwide innovation. Strategic Partnership...
Philippines SEC Directs Google, Apple to Delist Binance App Over Investor Security Concerns
Apr 23, 2024 13:26 pm UTC| Technology Digital Currency Business
The Philippines Securities and Exchange Commission (SEC) has mandated Google and Apple to remove the Binance cryptocurrency app from their stores, citing significant security risks to Filipino investors and potential...
7-Eleven Reveals Global Growth Plan to Boost Its F&B Programs
Apr 23, 2024 10:02 am UTC| Business
7-Eleven, Inc., an American convenience store chain owned by Japans Seven I Holdings but headquartered in Irving, Texas, revealed it aims to expand its brand further worldwide. For this, it will implement its aggressive...
Tesla Wipes Out New Content Marketing Unit, Fired All Team Members
Apr 23, 2024 09:59 am UTC| Business
Tesla Inc. reportedly axed all the team members of its growth content marketing unit, which was formed last year. The group has 40 staff members who lost their jobs as part of the companys latest round of layoffs. Elon...
Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression
Canada needs a national strategy for homeless refugee claimants