Tag Archives: google

“Tech Sector Sees Massive Layoffs in April: Over 20,000 Jobs “

In a stark indication of ongoing economic challenges, the technology sector witnessed a wave of layoffs in April 2024, with over 20,000 employees losing their jobs across various companies. This surge in job cuts reflects a broader trend of layoffs in the tech industry, with at least 271 companies having let go of 78,572 employees since the beginning of the year, as reported by layoffs.fyi.

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“EU Commences Investigations Into Apple, Google, and Meta to Rein in Big Tech: Reports”

EU Launches Investigations Into Apple, Google, and Meta Over Potential Breaches of Digital Markets Act

The European Union's antitrust regulators have initiated their first investigations under the Digital Markets Act (DMA) into tech giants Apple, Google (Alphabet), and Meta Platforms (formerly Facebook), citing potential breaches of significant EU tech regulations. This move marks a significant step in the EU's efforts to regulate and reign in the power of Big Tech companies.

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“Majority of Indian App Developers Affected by Google Policy Regain Partial Access on Play Store”

Indian App Developers Regain Visibility on Google Play Store After Compliance with Payments Policy

New Delhi, March 5, 2024 - Following Google's decision to delist 10 Indian app developers from its Play Store for non-compliance with payments policy, a significant number of apps have been relisted after developers adhered to Google's guidelines. As of Monday morning, nine out of the ten affected developers had some of their apps restored on the Play Store, marking a partial resolution to the issue.

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“Alphabet’s $90 Billion Market Value Plunge Linked to Google’s Gemini Controversy”

Google's Alphabet Faces Market Turbulence Over Gemini Controversy

Google's parent company Alphabet experienced a significant dip in market value, with reports indicating a staggering loss of approximately $90 billion on Monday, February 26. This plunge comes amidst a storm of controversy surrounding Gemini, the company's generative artificial intelligence product. Shares of Alphabet plummeted by 4.5% to $138.75, marking its lowest price since January 5 and its second-largest daily loss in the past year, as reported by Forbes.

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