Technology

Hewlett Packard reportedly planning to cut 5,000 jobs

Hewlett Packard reportedly planning to cut 5,000 jobs

Tech giant Hewlett Packard Enterprise (HP) is mulling a plan to slash its workforce to pare expenses and improve its profitability, people familiar with the matter revealed.

Speaking on the condition of anonymity, people familiar with the matter said that HP is working on a plan to slash its workforce by 10 per cent. As the company has nearly 50,000 workers, the potential job cuts mean that the company would likely throw nearly 5,000 people out of work.

The job cuts would most probably affect workers in the United States and abroad, field workers and managers.

News: 
Location: 
Company: 

Armis exposes 8 new Bluetooth vulnerabilities

Armis exposes 8 new Bluetooth vulnerabilities

Cybersecurity firm Armis has spotted eight Bluetooth vulnerabilities, collectively called BlueBorne, which can allow hackers to remotely access to your phone data. Experts with the cybersecurity company also warned that the attack could provide hackers with access to computers as well as IoT devices.

They warned that the vulnerabilities are totally operational, and could be used to carry out a large series of transgressions, including remote code execution and Man-in-The-Middle attacks.

News: 
Company: 

Gigabyte announces miniature GTX 1080 graphics card

Gigabyte announces miniature GTX 1080 graphics card

Continuing with its mission to minimize the size of its desktop graphics cards, Gigabyte has announced a notably small GTX 1080, dubbed GeForce GTX 1080 Mini ITX 8G. Gigabyte’s GeForce GTX 1080 Mini ITX 8G is merely 6.7 inches in length. Its length marks a decrease of nearly 5 inches than a regular GTX 1080 graphics card.

The new card has been designed to fit inside a mini-ITX case in order to provide a more portable desktop gaming manipulation.

News: 
Location: 
Company: 

Pages that regularly share false news won’t be able to buy ads: Facebook

Pages that regularly share false news won’t be able to buy ads: Facebook

Facebook, the most popular social-networking platform, has declared that Pages that regularly share false or fabricated news stories will not be able to purchase adverts on the network.

Taking another step against Pages that share false news stories, the company announced that the action involves stopping Pages, which frequently share false stories, from purchasing any Facebook ads at all, irrespective of whether or not the adverts include a disputed link.

News: 
Location: 
Company: 

Uber’s net loss declines as ride bookings grow

Uber’s net loss declines as ride bookings grow

Uber Technologies reported lower loss by nearly 9 per cent in the second quarter of this year as ride bookings jumped. However, the mobile app-based ridesharing company is still far from being profitable.

On Wednesday, Uber announced that its net loss slipped from $708 million in the first quarter of this year to $645 million in the second quarter. In the fourth quarter of 2016, the company’s net loss was recorded at $708 million.

News: 
Location: 
Company: 

Samsung Galaxy Note 8 facing challenges on multiple fronts

Samsung Galaxy Note 8 facing challenges on multiple fronts

The Samsung Galaxy Note 8 is facing an increasingly competitive minefield varied considerably from its predecessors as the new device could get squeezed by other Android rivals. Samsung will launch Note 8 just ahead of the 10th anniversary of apple iPhone. As the Samsung versus Apple battle is already known to all the iPhone will definitely give a tough challenge to the new Samsung device.

News: 
Location: 
Company: 

Facebook downranks video clickbait & fake play buttons

Facebook downranks video clickbait & fake play buttons

Facebook, the world’s most-popular social-networking platform, has confirmed that it is downranking video clickbait and fake play buttons. Many websites and publishers engage in clickbait to drive traffic to their websites.

The notorious clickbait and fake play buttons are News Feed links displayed in the preview image and videos that are essentially merely static images uploaded as a video file to trick viewers to give clicks.

News: 
Location: 
Company: 

Intel will unveil 9th-generation Core family member on August 21

Intel will unveil 9th-generation Core family member on August 21

In addition to the planned unveiling of its 8th-generation Core processors on coming Monday, August 21; Intel Corp. may introduce the world to one member of its 9th-generation Core family, called Ice Lake.

In a newly-released abrupt note on its website, Intel described the new technology, confirming that the 8th-generation Intel Core processor family would be succeeded by Ice Lake processor family.

News: 
Location: 
Company: 

Nvidia shares fall on lower-than-expected quarterly revenue

Nvidia shares fall on lower-than-expected quarterly revenue

Stock price of Nvidia Corporation slipped on Thursday after the chip maker, its data center and automotive businesses missed quarterly revenue estimates of market analysts.

Revenue from the company’s data center business more than doubled to settle $416 million but it missed estimates analysts’ forecast of $423.3 million.

Automotive business revenue jumped 19.3 per cent to $142 million, but it also missed analysts’ average expectation of $146.2 million.

News: 
Location: 
Company: 

Activist Investor Ackman wants five ADP board seats

Activist Investor Ackman wants five ADP board seats

After acquiring an 8 per cent stake in Automatic Data Processing (ADP), billionaire investor William Ackman-led hedge fund is planning to ask for board seats at the U.S. human resources outsourcing firm.

The leader of Pershing Square Capital Management is seeking board seats at ADP as he is pushing the U.S. human resources outsourcing firm to slash costs and enhance its returns.

The 51-year-old activist investor told investors that he wanted five board seats, including one for himself, on ADP’s ten-member board.

News: 
Location: 
Company: 

Pages

Popular Stories

Harley-Davidson to turn 8 Dyna motorbikes into new Softail bikes

Betting big on cruisers, the luxury motorcycle... Read More

Uber’s net loss declines as ride bookings grow

Uber Technologies reported lower loss by nearly 9... Read More

Samsung Galaxy Note 8 facing challenges on multiple fronts

The Samsung Galaxy Note 8 is facing an increasingly... Read More

Leaked reports reveal more about new BMW M5

Luxury carmaker BMW’s next-generation M5 car will... Read More

Tesla announces risky new approach to customer service

During the past few years, Tesla was slammed by a... Read More