Convicted! Elizabeth Holmes receives over 11-year prison sentence for Theranos fraud
Key Points: Elizabeth Holmes, the brain behind the infamous blood-testing startup Theranos has received over 11 years of prison sentence. Once hailed as Silicon Valley’s wonder kid, Holmes is guilty of defrauding investors. The court issued an order to start her sentence on April 27,...
First Twitter, Now Meta – Tech Layoffs Continue in Full Force as Recession Looms
Key Points: Facebook’s parent company, Meta is about to lay off thousands of employees. This would be the first noteworthy layoff event in the company’s history. Many tech companies in the U.S. and different parts of the world have laid off a sizeable amount of...
Formula 1 and AWS: Renewed Partnership to Elevate Fan Experience
Key points: Amazon Web Services (AWS) and Formula 1 have renewed their partnership. AWS will continue to be one of the leading F1 global partners. The renewed partnership will begin a new phase for Formula 1. With this alliance, both, AWS and Formula 1 will...
Why are Twitter’s most active users ditching the platform?
Key points: Is Twitter dying? While we won’t go that far yet, Twitter is struggling to keep its most active users hooked to the platform This could soon become Elon Musk’s headache as he inches closer to completing a $44 billion deal to buy the...
What stopped millions from messaging today? WhatsApp outage explained
Key points: WhatsApp was down for a brief amount of time today There was a noteworthy rise in the number of reports on Downdetector.com around 3:17 AM ET WhatsApp’s services were restored around 5 AM ET The popular messaging application, WhatsApp was down for nearly...
Australia’s New Privacy Rules and Corporate Penalties: A Tighter Rein on Data Security
Key points: Australia will soon introduce strict penalties for companies that cannot safeguard customer data The move to introduce such penalties comes shortly after two huge cybersecurity breaches left millions of customers vulnerable to cybercriminals As per the new rules, the penalties for breaches of...
Trouble in paradise? Meta employees not in favour of Zuckerberg’s metaverse dream
Key points: Meta employees are not entirely sold on Zuckerberg’s metaverse dream This news comes just a day before Meta will roll out its new virtual reality headset (VR) A New York Times report broadly speaks about Meta’s direction in the lead-up to the company’s...
Why are tech companies laying off employees? Sector in trouble?
Key points: Love Layoffs are in the air, especially in San Francisco’s Bay area. But why? Many small to medium-sized tech companies have laid off thousands of employees recently citing the volatile economic landscape Tech firms such as Facebook, DocuSign, Twilio, and DivvyHome are all...
It’s a bird, it’s a plane, it’s the Space X Falcon 9
Key points: Elon Musk’s space tech company, SpaceX launched a satellite today The satellite launch lit the New Jersey sky and areas around it What seemed like a meteor initially, was the SpaceX Falcon 9 rocket which was launched from Cape Canaveral SpaceX launched Falcon...
Facebook whistleblower Frances Haugen launches non-profit to make social media safer
Key points: Facebook whistleblower Frances Haugen has announced the launch of a non-profit today The non-profit is aimed toward creating a safe, non-toxic, and healthier social media environment The non-profit “Beyond the Screen” will begin by creating an open-source database. The database will include all...
