November 16, 2022
Elon Musk says he will find a new leader for Twitter
Nov 16 (Reuters) - Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week. Musk made the…
November 15, 2022
YouTube expands shopping features to combat digital ad slowdown
Nov 15 (Reuters) - YouTube said on Tuesday it is bringing shopping features to its TikTok-like short-form video service, as the Alphabet (GOOGL.O)-owned company looks to fortify its revenue against a drop in spending by recession-wary advertisers.…
November 14, 2022
Australian police to Medibank hackers: ‘We know who you are’
Australian police say they have identified the Russian cyber-criminals holding the medical data of millions for ransom.Hackers are demanding a dollar for each of the 9.7m sensitive records stolen from the medical insurer Medibank. The hackers have…
November 4, 2022
Twitter to make job cuts after Musks takeover
Twitter says it will inform its staff on Friday about whether they will be laid off following the firm's takeover by Elon Musk. In an internal email, the social media company said the cuts are "an effort to place Twitter on a healthy path". The firm…
November 2, 2022
Elon Musk says $8 monthly fee for Twitter blue tick
Elon Musk has said Twitter will charge $8 (£7) monthly to Twitter users who want a blue tick by their name indicating a verified account. As part of changes after a $44bn (£38bn) takeover of the social media site, Mr. Musk said it was "essential to…
October 28, 2022
Elon Musk completes $44bn Twitter takeover
Elon Musk has completed his $44bn (£38.1bn) takeover of Twitter, according to an investor in the firm. Twitter's chief executive and finance boss have reportedly left with immediate effect. It brings to a close a saga that saw Twitter going to court…
October 20, 2022
Jeff Bezos of Amazon warns of economic challenges: ‘Batten down hatches’
Amazon founder Jeff Bezos has added his voice to the chorus of voices warning of hardship ahead for the US economy. On social media, the billionaire wrote that the economy was sending a signal to "batten down the hatches".Growth in the US has…
October 13, 2022
Huawei 5G kit-removal deadlines put back
The government has extended two deadlines for the removal of Huawei equipment from the UK's 5G networks. The requirement to remove the Chinese company's products from the network core has been pushed back 11 months, to 31 December 2023.And a limit…
October 7, 2022
Samsung warns of 32% hit to profits on chip slump
Technology giant Samsung has warned of a 32% slide in its profits as demand for electronic devices and the memory chips that power them shrinks due to the global economic slowdown. The South Korean company estimates its quarterly operating profit…
October 4, 2022
Musk proposes to continue with Twitter purchase
Trading in shares of Twitter were halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company after months of legal battles. The news, based on anonymous sources, was first reported by Bloomberg…