Spotify to cut 6% of its workforce in latest tech layoffs

Spotify to cut 6% of its workforce in latest tech layoffs

Jan 23 (Reuters) – Spotify Technology SA said on Monday it planned to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to massive layoffs across the technology sector in preparation for a possible recession. The tech industry is facing falling demand after two years of … Read more

India blocks BBC documentary on Modi from airing in India

India blocks BBC documentary on Modi from airing in India

MUMBAI, Jan 22 (Reuters) – India has blocked the airing of a BBC documentary that questioned Prime Minister Narendra Modi’s leadership during the 2002 Gujarat riots, saying even sharing clips via social media was banned. Instructions to prevent the clips from being shared have been issued using the emergency powers the government has under the … Read more

In Mexico, a journalist published an article. The next day he was shot

In Mexico, a journalist published an article. The next day he was shot

MEXICO CITY, Jan 21 (Reuters) – Just after sunset on Thursday, February 10, two men in a white Dodge Ram pickup truck pulled up outside Heber Lopez Vasquez’s small radio studio in southern Mexico. A man came out, walked inside and shot the 42-year-old journalist dead. Lopez’s 12-year-old son Oscar, the only person with him, … Read more

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Jan 20 (Reuters) – Google’s parent company Alphabet Inc (GOOGL.O) is cutting around 12,000 jobs as it faces “a different economic reality”, it said in a memo, doubling down artificial intelligence (AI) and removing staff who support experimental projects. The job cuts affect 6% of its workforce and follow thousands of layoffs at tech giants … Read more

Here’s what Twitter lost in ad revenue in the final months of 2022

Here’s what Twitter lost in ad revenue in the final months of 2022

NEW YORK/LONDON, Jan 20 (Reuters) – Top advertisers on Twitter cut spending after the Elon Musk takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the top source. of business income. According to Pathmatics estimates, fourteen of the top 30 advertisers on Twitter ceased all advertising on the … Read more