Pou Chen Corporation, one of the largest shoe manufacturers in the world, recently announced that it would cut 6,000 jobs in Vietnam. The decision was made in response to the continued impact of the COVID-19 pandemic, which has led to a decline in global demand for footwear. Pou Chen...
Read moreIn a move that is likely to have a significant impact on the future of work in the tech industry, Amazon has announced that it is asking its corporate staff to be in the office at least three days a week. The new policy, which takes effect in the...
Read moreAt least six companies have filed lawsuits against Twitter, which is led by billionaire entrepreneur Elon Musk, for allegedly failing to pay their bills. The lawsuits claim that Twitter owes the companies a total of millions of dollars for services provided. The lawsuits come at a time when Twitter...
Read moreAdobe’s stock has declined following reports that the Department of Justice (DOJ) intends to file a lawsuit to impede the company's acquisition of Figma deal. The $20 billion Figma deal acquisition is seen as a key part of Adobe's growth strategy, but regulatory scrutiny could derail the deal. The...
Read moreAmazon has announced the completion of its acquisition of a health clinic, signaling a major step forward in the company's healthcare strategy. The acquisition is part of a larger effort by Amazon to expand its healthcare offerings and build a stronger presence in the industry. The health clinic, which...
Read moreAdani Group, an Indian multinational conglomerate, is one of the largest players in the Indian infrastructure industry with diverse interests in ports, logistics, energy, and agriculture. However, the group's recent Hindenburg Rout has raised concerns among investors and stakeholders, leading to a significant drop in share prices and market...
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