Amazon is laying off employees in the “low hundreds” an in effort to shift head count allocation to businesses that are growing, CNBC has learned. The Seattle Times first reported that Amazon was laying off “hundreds” of employees and “managing out” others as the company consolidates its retail operations. A person familiar with the matter […]
Tropical Cyclone Gita struck Tonga as a Category 4 hurricane on Tuesday, the National Oceanic and Atmospheric Administration (NOAA) announced on Twitter. The Pacific island nation had declared a state of emergency in anticipation of the hurricane. Before the storm hit, some residents nailed pieces of wood over their windows while others evacuated the island. […]
Can you actually suffer from a broken heart? Researchers at the University of Washington say yes. According to UW Medicine cardiologist Dr. Zachary Goldberger, broken heart syndrome is real. In fact, he sees around a patient a week who may have this syndrome. Symptoms of broken heart syndrome are similar to those of a heart […]
Scientists believe the sun is about to go through a major cooling event that could have a big impact on global temperatures. Scientists say that we could be in for a very big event with regards to the sun, with a “grand minimum” approaching around the 2050 time frame. That would mean that the sun […]
The Information Commissioner’s Office (ICO) took down its website after a warning that hackers were taking control of visitors’ computers to mine cryptocurrency. Security researcher Scott Helme said more than 4,000 websites, including many government ones, were affected. He said the affected code had now been disabled and visitors were no longer at risk. The […]
Despite the recent skepticism, Ripple has received a big-time boost by signing a massive deal with major foreign exchange UAE Exchange. THE PROOF IS IN THE PARTNERSHIP Ripple has come under criticism as of late, with a massive sell-off of XRP followed by skepticism as to the number of financial institutions even interested in using […]
Wells Fargo WFC 1.32% & Co. is having trouble doing right by the customers it has wronged. The big bank acknowledged that it recently sent out 38,000 erroneous communications to customers that it forced to buy unneeded auto insurance. In some cases, according to two people briefed on the matter, Wells Fargo has also sent […]
The credit rating agency said it didn’t originally announce “potential” data points, like tax identification numbers, that “may have been accessed” by hackers. Hackers stole more data from Equifax in a breach last year than initially thought. In September, the Atlanta, GA-based credit giant revealed a huge data breach, including names, social security numbers, birth […]
For weeks, Dara Khosrowshahi, Uber’s chief executive, and some of his lieutenants had worked behind the scenes to repair the ride-hailing company’s fractious relationship with Waymo, the self-driving business spun out of Google. A Waymo lawsuit over autonomous car technology, in which it accused Uber of stealing trade secrets, was about to go to trial […]
Cape Town faces the unenviable situation of being the first major city in the modern era to run out of drinking water. However, the plight of the drought-hit South African city is just one extreme example of a problem that experts have long been warning about – water scarcity. Despite covering about 70% of the […]
When SpaceX beamed images of a cherry-red Tesla Roadster orbiting Earth, commentators around the world hailed it as a brilliant viral ad for the company’s new Falcon Heavy rocket. But that hot take missed the much bigger picture. SpaceX’s successful test launch of the Roadster aboard the Falcon Heavy was less an ad for that […]
The legal battle between Waymo and Uber recently got underway but, in a surprise move, the companies reached a settlement to end the courtroom showdown. According to Reuters, Uber will give Waymo a $245 million stake in the company to end the legal proceedings which kicked off in San Francisco earlier this week. The figure […]
