Meanwhile, Salesforce plans tolay off 10% of its headcount. The cloud software firm’s LinkedIn page shows that it has more than 73,000 employees, so the decision may affect more than 7,000 people. See also:Tracking layoffs across Asia’s startup ecosystem Below are the letters from Amaz...
who went on to succeed Jeff Bezos as Amazon’s CEO—won’t say how many customers it has, only that it provides computing power, data storage, and software to millions of organizations and individuals. Now, even as Amazon lays off a reported 10,000 workers, Wall Street analysts expect...
Microsofthas been on its own spending spree with a high-profile investment in OpenAI. Microsoft's OpenAI bet has reportedly jumped to$13 billionas the startup's valuation has topped $29 billion. Microsoft's Azure is also OpenAI's exclusive provider for computing power, which means the startu...
we heard about a big bazooka of stimulative measures that the European Central Bank is considering for its Sept. 12 policy meeting. China will also reportedly soon roll out a plan to boost disposable income over the coming quarters to spur its domestic consumption. ...
When asked whether Amazon employees are given access to third-party seller data, Bezos said the company has a "voluntary policy" that safeguards seller data from employee access. He later appeared to backtrack on his messaging, after Jayapal asserted Amazon doesn't enforce its own policies. ...