Tag: TECH GIANTS
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Job Cuts Announced by Microsoft and Meta Amidst Tech Industry Turmoil
Microsoft and Meta are set to lay off thousands of employees as part of restructuring efforts. Microsoft will initiate small layoffs in various departments, while Meta plans to cut about 3,600 jobs, representing 5% of its workforce. CEO Mark Zuckerberg has emphasized swift action against underperformers. Both companies assure that severance packages will be provided…
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Apple and Amazon Pursue Communications With Missing Client in Class Action Case
Apple and Amazon have requested Hagens Berman Sobol Shapiro LLP to disclose communications with a missing client linked to a class action lawsuit against them. This absence poses significant challenges to the ongoing legal proceedings, prompting the firms to seek clarity. Apple and Amazon have formally requested that the law firm Hagens Berman Sobol Shapiro…
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Pluggable Optics for Data Centers Expected to Reach $12.35 Billion by 2031
The global pluggable optics for data centers market is anticipated to grow to $12.35 billion by 2031, with a CAGR of 11.3% from its current $5.23 billion valuation. Key drivers include the rising demand for linear pluggable optics, high-performance computing, and an increasing number of data centers. North America leads in market share, supported by…