Ride-hailing app Lyft confirmed it would lay off 1,072 employees, roughly 26% of its corporate workforce, and not hire for an additional 250 positions. Read… Read More »Lyft to cut 1,072 employees, or 26% of its workforce
NCR is making progress restoring services after a ransomware attack led to a data center outage that impacted its Aloha cloud-based services and Counterpoint applications. … Read More »NCR restores more services following ransomware attack
The company said it will stop supporting Halo services from July 31, and will fully refund Halo devices purchases made in the preceding 12 months. … Read More »Amazon to Shut Down Halo Division, Lays off Some Staff
Facebook parent Meta reported revenue for the first quarter that topped estimates and issued a forecast for the second quarter that also exceeded expectations. Read… Read More »Meta shares pop 12% after company reports first sales increase in four quarters, issues optimistic guidance
Its quarterly revenue came in at nearly $70 billion, a billion better than expected by analysts Read More Top Tech News- News18.com
Google has been investing heavily in cloud infrastructure to try and catch Amazon and Microsoft, but the unit has been unprofitable until now. Read More Tech
Security analysts uncovered a new attack campaign, tracked as OCX#HARVESTER, wherein malicious payloads used as part of the campaign were found related to the More_eggs… Read More »Ongoing OCX#HARVESTER Campaign Targeting Financial Organizations
Google Cloud may be chasing Amazon and Microsoft in the cloud game, but it has something big to boast about after earnings came out today.… Read More »Google Cloud turns profit for the first time
In beating estimates, Google broke a string of four straight quarters in which it fell shy of analysts’ expectations. Read More Tech
If Google ends up spending the entire amount on buybacks, it would represent a continuation of last year’s pace. Read More Tech