UAE ranks 1st in Arab world, 20th globally for economic opportunities

UAE ranks 1st in Arab world, 20th globally for economic opportunities

[ad_1] Representative Image Abu Dhabi: The United Arab Emirates (UAE) has ranked first in the Arab world and 20th globally for economic opportunities offered to residents and investors. This came according to a report issued by the World Citizenship Report 2023 in ‘Economic Opportunity Rankings’ list of 128 countries, positioning it higher than Iceland, Malaysia, … Read more

IBM’s Red Hat to lay off about 760 employees globally

IBM’s Red Hat to lay off about 760 employees globally

[ad_1] New Delhi: Open source solution provider Red Hat will lay off nearly 4 per cent of its global workforce, or about 760 employees, the media reported on Monday. The North Carolina-based software major has about 19,000 employees across the world. According to The Herald Sun, Red Hat CEO Matt Hicks called the job cuts … Read more

Saudi Arabia ranks second globally in society awareness of AI

Saudi Arabia ranks second globally in society awareness of AI

[ad_1] Riyadh: The Kingdom of Saudi Arabia ranked second in the world in societal awareness of artificial intelligence, the Saudi Press Agency (SPA) reported. A survey within the Artificial Intelligence Index, in its sixth edition, issued by the American Stanford University, on Thursday, revealed a high rate of confidence of Saudi citizens in dealing with … Read more

Apple’s weather app for iPhone users down globally

Apple’s weather app for iPhone users down globally

[ad_1] IANS New Delhi: Apple’s Weather app on iPhone is currently down for many users globally, including India. On its support page, the tech giant states that ongoing issues are affecting the app. “Some users are affected. This service may be slow or unavailable” the company noted. Multiple users report that they aren’t seeing any … Read more

Apple’s weather app for iPhone users down globally

Apple’s weather app for iPhone users down globally

[ad_1] IANS New Delhi: Apple’s Weather app on iPhone is currently down for many users globally, including India. On its support page, the tech giant states that ongoing issues are affecting the app. “Some users are affected. This service may be slow or unavailable” the company noted. Multiple users report that they aren’t seeing any … Read more

Climate change threatening tea sector globally: ITA

Climate change threatening tea sector globally: ITA

[ad_1] Climate change threatening tea sector globally: ITA (Representative image) Kolkata: Leading planters body Indian Tea Association (ITA) said climate change is threatening the industry globally which is resulting in lower yields and rise in production costs. A spokesman of ITA said climate change is also threatening the long-term viability of tea industry, which is … Read more

Ericsson to lay off 8,500 employees globally to cut costs

Ericsson to lay off 8,500 employees globally to cut costs

[ad_1] London: Swedish telecom gear-maker Ericsson is laying off about 8 per cent of its workforce, around 8,500 employees, to cut costs in the ongoing global macroeconomic conditions, the media reported on Friday. According to an internal memo sent to employees, the company said the headcount reduction has been conveyed to employees in several countries. … Read more

Soaring fuel bills may push 141m more into extreme poverty globally – study

Soaring fuel bills may push 141m more into extreme poverty globally – study

[ad_1] Soaring energy prices triggered by the Russia-Ukraine conflict could push up to 141 million more people around the globe into extreme poverty, a study has found. The cost of energy for households globally could have increased by between 62.6% and 112.9% since Russia’s invasion of Ukraine, according to a modelling study by an international … Read more

Over 17,400 tech employees got fired in Feb globally to date

Over 17,400 tech employees got fired in Feb globally to date

[ad_1] New Delhi: More than 17,400 employees in the tech industry have lost jobs in the month of February globally to date, with many workers in India receiving pink slips amid deepening global macroeconomic conditions. In 2023 so far, around 340 companies have laid off more than 1.10 lakh employees worldwide, and there appears to … Read more

Close to 1 lakh tech employees lost jobs in Jan alone globally

Close to 1 lakh tech employees lost jobs in Jan alone globally

[ad_1] New Delhi: In what could be touted as the worst month ever for tech workers, close to 1 lakh of them lost jobs in the month of January globally, dominated by companies like Amazon, Microsoft, Google, Salesforce and others. It means that more than 3,300 tech employees lost jobs daily on an average by … Read more