Data Breach Fallout: EU Slaps LinkedIn with Massive Fine Over Privacy Violations
In a landmark ruling, the European Union has fined LinkedIn €310 million (approximately $334 million) after the Irish Data Protection Commission (DPC) found the platform guilty of mishandling members’ personal data for targeted advertising. This hefty penalty...
A Raise Amidst the Ruins: Nadella’s $79.1 Million Pay Increase Sparks Controversy at Microsoft
CEO Satya Nadella’s compensation package has surged by 63%, totaling a staggering $79.1 million. This substantial increase comes despite a backdrop of mass layoffs and significant cybersecurity breaches that have plagued the tech giant.
Compensation Breakdown Amidst...
Alphabet Backs Waymo with Billions: Autonomous Taxis Headed to Austin and Atlanta
Waymo, the autonomous driving subsidiary of Alphabet, has successfully raised $5.6 billion in an oversubscribed investment round, marking a significant milestone in the company’s journey towards expanding its driverless taxi services. This latest funding, largely backed by...
Qualcomm’s Stock Dips as Arm Scraps License, Opening a New Chapter in the Legal War
Arm Holdings Plc has announced the cancellation of its architectural license agreement with Qualcomm Inc. The move, which has sent shockwaves through the semiconductor industry, could significantly impact both companies, as well as the broader smartphone and personal...
Second Layoff Wave Hits Dropbox: Sluggish User Growth and Macro Challenges Spur 20% Job Cuts
For the second time in under two years, Dropbox is undergoing significant workforce cuts, this time laying off 20% of its employees, equivalent to 528 jobs. This latest round of layoffs, announced in a blog post by CEO Drew Houston, reflects the company’s response to ongoing...
