marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
tech giants
02/23/2024
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By Laura Harris
Google faces backlash over MASS LAYOFFS in January despite company’s financial success
Tech giant Google has once again come under fire after conducting another round of mass layoffs in January to streamline operations and allocate more resources to artificial intelligence (AI). The job cuts, which affected a thousand employees, included hundreds of workers in the voice assistant sector, hardware teams responsible for Pixel, Nest and Fitbit products, augmented reality, engineering […]
02/23/2024
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By Ava Grace
Report: Abu Dhabi-based AI tech firm G42 cuts ties with China as it seeks greater presence in the U.S.
Tech firm G42 is shifting its focus from China to America and other Western markets following concerns raised by U.S. lawmakers about its association with the Chinese Communist Party (CCP). “All of our China investments that were previously made are already divested. Because of that, of course, we have no need anymore for any physical […]
02/12/2024
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By Arsenio Toledo
Bill Gates’ Microsoft aims to equip two million people in India with AI skills by 2025
Tech billionaire and globalist Bill Gates’ Microsoft has announced plans to recruit up to two million workers from India who will be trained to use artificial intelligence. According to Microsoft Chairman and Chief Executive Officer Satya Nadella, the company will equip two million Indians with AI skills by 2025 in an effort to generate more jobs in […]
01/29/2024
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By Ethan Huff
Check out the TOP 10 job roles that AI is slated to replace
ChatGPT and other related artificial intelligence (AI) programs have become so “skilled” at doing various tasks that multinational corporations like Google, Amazon, IBM and others are making plans to replace human labor jobs with AI robots. The following 10 jobs, mostly white collar, are now at risk due to the threat of AI: 1) Tech […]
01/23/2024
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By Olivia Cook
YouTube lays off 100 employees amid wider job cuts at parent Google
Search engine giant Google has confirmed another round of layoffs – this time 100 employees on its video platform YouTube. Multiple media outlets reported on Jan. 17 that the tech giant told employees at YouTube’s operations and creator management teams of the job cuts via an internal memo. Their positions were reportedly being eliminated “to […]
01/16/2024
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By Laura Harris
Amazon’s popular livestreaming platform Twitch to cut 35% of workforce due to financial concerns and mounting losses
Popular Amazon-owned livestreaming platform Twitch is set to cut over 500 employees, or approximately 35 percent of its workforce, due to financial concerns and mounting losses. The livestreaming platform, which supports a staggering 1.8 billion hours of live video content per month, has intensified its focus on advertising in recent years. However, nine years after Amazon’s […]
01/10/2024
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By Kevin Hughes
Intel pushes forward with $25 billion investment in Israel amid ongoing war in Gaza
Intel is pushing ahead with a $25 billion investment in Israel, giving a boost to the Middle Eastern nation as its invasion of Gaza begins to take a negative toll on its economy. As part of the contract, Israel’s government will provide Intel with a $3.2 billion grant to expand the American tech manufacturer’s Kiryat […]
12/15/2023
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By Ethan Huff
More layoffs coming to McDonald’s as fast food giant embraces Google’s AI for online ordering
McDonald’s is going human-less in an effort to keep its top executives handsomely paid and its lower-level store employees, well, obsolete. In a recent press release, McDonald’s announced a new partnership with Google that will utilize the search engine giant’s artificial intelligence (AI) technology at McDonald’s franchise stores. With self-serve kiosks already plastered inside McDonald’s […]
11/29/2023
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By Olivia Cook
Amazon workers across Europe staged a WALKOUT on Black Friday to protest measly pay, working conditions
On Black Friday, Nov. 24, one of the busiest days of the year, workers at Amazon fulfillment centers and warehouses located at multiple locations across Europe walked out in protest against the U.S. e-commerce giant’s labor practices. The “Make Amazon Pay Day” initiative – a campaign coordinated by the UNI Global Union – made the call […]
10/30/2023
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By Zoey Sky
Amazon prepares army of 750,000 ROBOTS to eliminate HUMAN workers
Amazon recently announced that it has “750,000 robots working collaboratively” with human employees. The company introduced two new robotic systems to speed up its deliveries, raising concerns among fulfillment center workers that the e-commerce giant might eventually reduce or totally replace its human workforce. In a blog post on Oct. 18, Amazon revealed that its […]
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