Amazon Tech giant cuts hundreds of jobs in cloud computing unit
Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business. Amazon Web Services (AWS)…
Category: BUSINESS
WhatsApp, Instagram and Facebook apps hit by outage
WhatsApp, Facebook and Instagram all went down briefly on Wednesday during a major outage at parent company Meta. Thousands of…
Indonesian president-elect meets with Japan’s prime minister, commits to strengthening relations
Indonesian President-elect Prabowo Subianto said he wants to “further strengthen” relations with Japan as he met with Japanese Prime Minister Fumio Kishida…
Hong Kong investment banking giant launches first tokenized commercial paper on Ethereum
share In a landmark development, GF Securities, a leading investment banking giant based in Hong Kong, has announced the launch…
In Iraq, water crisis leaves farmers clinging to sidr trees
Iraqi farmer Ismail Ibrahim plucks fruits from his planted “sidr”, or jujube, trees which require far less water during an…
Sam Bankman-Fried Disgraced to be sentenced
By Natalie Sherman Business reporter, New York Sam Bankman-Fried, the former billionaire crypto boss who was convicted of fraud and…
Xiaomi The Chinese smartphone giant taking on Tesla
Chinese smartphone maker Xiaomi is set to launch its first electric vehicle (EV) and begin taking orders on Thursday. Its…
Superconductor claims spark investor frenzy, but scientists are skeptical
Last week, two papers by South Korean scientists made an extraordinary claim that sparked a social media frenzy and pushed…
Turkey’s economic team holds first investor meeting since policy U-turn
Turkey’s new-look economic team met for the first time with international investors on Friday, with questions over how far it…
Morocco to review its fisheries partnership with EU
Morocco is reviewing its current fisheries partnership with the EU in a way that takes into account its own fishing…