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Why SWIFT is the nuclear option of Russian financial sanctions
Nov 13,2023
The United States and its NATO allies have rolled out an unprecedented number of sanctions against Russia as punishment for its invasion last week of Ukraine, including banning exports of cutting-edge technology to Russia. One measure that Ukraine an...
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Apple and Microsoft challenge regulatory scope of EU's Digital Markets Act
Nov 13,2023
Apple and Microsoft are attempting to circumvent the European Union's Digital Markets Act (DMA) by arguing that neither iMessage nor Bing are sufficiently popular enough to be regulated by the legislation. The DMA was approved in July 2022 and is des...
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LinkedIn lays off 716 staffers, to shut China job app
Nov 13,2023
Employment-focused social media platform LinkedIn on Tuesday said it would let go of 716 staffers as it shuts down a job search app in China and prepares for tapering revenue growth.  "As we guide LinkedIn through this rapidly changing landscape...
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Amazon to face off with workers, government on staff reduction in India
Nov 13,2023
As Amazon looks to shed staff around the world, it is heading for a showdown with worker and government representatives over its hotly contested Voluntary Separation Program (VSP) in India. Workers say that the program has not been truly voluntary, b...
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The great job hunt: 7 top job-search apps hit all-time highs
Nov 13,2023
The top seven job search engines have been hitting new monthly use rates since March, according to data from mobile-metrics provider Apptopia. After a period of ebb and flow, numbers have been climbing steadily for the past year, according to Apptopi...
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Gloves come off during day one of Google's antitrust trial
Nov 13,2023
The mostsignificant tech antitrust trial of the 21st century thus far kicked off in US federal court Tuesday with the Department of Justice and 14 co-plaintiff states squaring off against the search engine giant. The DOJ accuses Google of unlawfully ...
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Elon Musk buys Twitter: What's ahead for business users?
Nov 13,2023
Tesla founder and mining heir Elon Musk has entered into an agreement to purchase Twitter in a$44 billion deal that will turn the social media network into a privately held company, with potentially large-scale ramifications ahead for the platform. Y...
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The rise of 'bleisure' trips: How post-pandemic business travel will change
Nov 13,2023
Global business travel is clawing its way back to normal after being decimated by the COVID-19 pandemic and the rapid shift to videoconferencing and virtual events, according to data from the Global Business Travel Association (GBTA). Hit hard by the...
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Gartner predicts PC shipments to fall by 9.5% this year
Nov 13,2023
Global PC shipments are set to decline by 9.5% in 2022, according to the latest forecast by Gartner. "A perfect storm of geopolitics upheaval, high inflation, currency fluctuations and supply chain disruptions have lowered business and consumer deman...
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California eyes four-day workweek for larger firms
Nov 13,2023
A four-day workweek could be mandated for some California employees should a proposed bill be passed by the state's legislature. The bill, introduced by two Assembly members, Cristina Garcia (D-Dist.58) and Evan Low (D-Dist. 28), would amend existing...
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Slack addition boosts Salesforce revenue forecast to $32B
Nov 13,2023
Salesforce exceeded all expectations with its fourth quarter 2022 financial results on Tuesday, boasting that its recent acquisition of enterprise messaging platform Slack can help the CRM giant reach$32 billion in revenue next year. Since its$27.7 b...
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EU said to be proceeding with Microsoft Teams antitrust investigation
Nov 13,2023
The European Union is reportedly planning to move forward with a formal complaint against the way Microsoft sells Teams, even though  the company publicly announced in August it would start unbundling the collaboration app from Office and Micros...
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