hootsuite Hootsuite Cuts 30% of Staff in Push for Financial Sustainability Social media marketing company Hootsuite reduces its workforce by nearly a third as CEO Tom Keiser prioritizes efficiency and growth. The layoffs affect approximately 400 employees, though the company provides few details about severance or strategic changes.
microsoft Microsoft Lays Off Consumer R&D Group in Ongoing Cost Cuts Microsoft cuts staff from its Modern Life Experiences group, the consumer-focused R&D team behind apps like Family Safety and Money in Excel. The exact number of affected employees remains undisclosed.
tesla Tesla Targets Ontario for Next North American Gigafactory A recent lobbyist registration reveals Tesla is actively engaging with the Ontario government to build a new advanced manufacturing facility.
irobot iRobot Slashes 10% of Workforce Amid Amazon Acquisition News iRobot announces a restructuring plan that eliminates 140 jobs, cutting 10% of its global staff. The company insists the layoffs are completely separate from its recent Amazon acquisition announcement.
google Justice Department Prepares Second Antitrust Lawsuit Targeting Google's Ad Dominance The DOJ readies a new federal antitrust suit against Google, shifting focus from search to the company's tight grip on the digital advertising market. This legal action builds on previous government efforts under both the Trump and Biden administrations.
chips act Biden Signs CHIPS Act to Revitalize US Semiconductor Manufacturing President Biden signs the bipartisan CHIPS and Science Act of 2022, allocating $52.7 billion to boost domestic semiconductor production and research.
twitter Former Twitter Employee Convicted of Spying for Saudi Government A federal jury convicts a former Twitter media partnerships manager of spying and wire fraud for sharing user data with Saudi Arabia. The case highlights the extreme risks faced by critics of the Saudi regime on social media platforms.
tesla Tesla Considers Ontario, Canada for Next North American Gigafactory A recent lobbyist registration reveals Tesla is actively engaging with the Ontario government to explore building a new advanced manufacturing facility. The move comes as the automaker looks to expand its global factory footprint beyond the headaches of its Shanghai plant.
microsoft Microsoft Trims Consumer Research Unit in Latest Layoff Round Microsoft lays off an undisclosed number of employees in its Modern Life Experiences group, a team responsible for consumer-focused projects like Money in Excel and Family Safety apps.
meta Meta Hands Over Teen's Messages to Police in Landmark Abortion Prosecution Meta provides a Nebraska teenager's private Facebook messages to law enforcement, leading to severe felony charges related to a suspected abortion. The data handover occurs despite the lack of initial evidence beyond the improper disposal of a miscarried fetus.
elon musk Elon Musk Sells Nearly $7 Billion in Tesla Shares Amid Twitter Deal Uncertainty Tesla CEO Elon Musk sells 7.9 million shares worth $6.9 billion to prepare for a potential emergency Twitter acquisition. Musk states he will buy back the Tesla stock if the social media deal falls through.
hootsuite Hootsuite Cuts 30% of Staff in Pursuit of Financial Sustainability Social media marketing company Hootsuite reduces its workforce by roughly 400 employees as its CEO aims to refocus the business. The Vancouver-based firm provides no details on severance or specific strategic changes.
google Justice Department Readies Second Antitrust Lawsuit Targeting Google Ad Dominance The DOJ is preparing to sue Google over its control of the digital advertising market as soon as next month. This marks a second major antitrust case against the tech giant, following a previous lawsuit focused on search monopolies.
ford Ford Raises F-150 Lightning Prices Up to $8,500 Amid Rising Costs Ford is increasing the starting prices of its electric F-150 Lightning pickup by $6,000 to $8,500 due to surging material costs. The price hikes do not affect customers who have already ordered the vehicle.
baidu Baidu Secures First Fully Driverless Robotaxi Permits in China Chinese tech giant Baidu receives groundbreaking permits to operate fully driverless robotaxis on public roads in two major cities. This milestone marks a significant leap forward for the autonomous vehicle industry in China.