Disney starts slashing 7,000 employees: Reports
New York/IBNS: Disney CEO Bob Iger on Monday said the company will start laying off staff starting this week. The company is expected to slash 7,000 employees. The cuts to …
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First Citizens Bank agreed into whole bank purchase of Silicon Valley Bridge Bank
IBNS: Raleigh First-Citizens Bank & Trust Company, a subsidiary of Raleigh-headquartered First Citizens BancShares, Inc., announced on Monday that it has entered into an agreement with the Federal Deposit Insurance …
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Intel co-founder Gordon Moore passes away at 94
California/IBNS: Intel and the Gordon and Betty Moore Foundation has announced that company co-founder Gordon Moore has passed away at the age of 94. Intel and the Gordon and Betty …
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Block founded by Jack Dorsey is the latest target of Hindenburg research report
New York/IBNS: Hindenburg Research, a US investment group, launched a fresh attack against Block, the mobile payments company founded by Jack Dorsey, accusing it of “widely overstating” its user base, on Monday. …
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Ontario unveils $204B budget for 2023, offers little ease to daily affordability issues
Tabling the Ontario government’s $204.7-billion budget Thursday, Ontario’s Finance Minister Peter Bethlenfalvy said its 2023 budget includes historically high spending and tax relief for businesses, but little in the way …
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India PM Modi announces Bharat 6G Mission, unveils India’s 6G project, official test bed
New Delhi/IBNS: Prime Minister Narendra Modi on Wednesday announced India’s 6G mission, which aims to concentrate efforts towards developing next-generation technology in India. As part of this initiative, a 6G …
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US Federal Reserve has increased policy rate by 25 basis points
IBNS: The United States Federal Reserve has increased the policy rate by 25 basis points, resulting in a new range of 4.75% to 5%. The Federal Open Market Committee said …
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Amazon’s latest round of job cuts to see 9000 more employees laid off
IBNS: E-commerce giant Amazon.com Inc Monday announced 9,000 more layoffs to make its operation lean and manage economic uncertainty. This is a new round of job cuts and with this Amazon …
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Toronto Testing Meetup by a Digy4 Community initiative to host ‘Women Leaders in Toronto Testing’
Toronto/IBNS: Toronto Testing Meetup, a software testing community group, is organizing “Women Leaders in Toronto Testing,” an event that celebrates the contributions of women in software testing in Toronto. The …
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Swiss bank major UBS plans to acquire Credit Suisse
IBNS: Swiss bank major UBS is planning to acquire troubled Credit Suisse in a government-backed deal. “UBS plans to acquire Credit Suisse. The combination is expected to create a business …
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