Report says Twitter may cut 300 more jobs

According to a new report from Bloomberg, Twitter may soon announce a new round of job cuts. Specifically, the report notes that around 300 employees, or around 8% of the company's total workforce, could be laid off.
An announcement in this regard may come as soon as this week, likely before Twitter releases its Q3 earnings report on Thursday, the report says, while adding that nothing is yet confirmed.
If you recall, the micro-blogging company had cut over 300 jobs last year as well. Recently, there have also been reports that Twitter is looking to get acquired, but nothing seems to have materialized so far.
Via

Comments

Post a Comment

Kindly Comment Only related to Post

Popular posts from this blog

Alleged HTC Butterfly S successor shows up in AnTuTu database

Image
A mysterious HTC device with high-end specs made an appearance in the AnTuTu benchmark database. Carrying the model number 0PAJ3, the mysterious handset could be a successor to the HTC Butterfly S . HTC 0PAJ3 specs (click to enlarge) Listed specs of the HTC 0PAJ3 include Qualcomm Snapdragon 801 SoC, Adreno 330 GPU, 2GB of RAM, 1080p display, and 16GB of built-in memory. The OS is Android 4.4.2 KitKat. Curiously, the yet to be revealed device appears to have a conventional 13MP main camera instead of the UltraPixel camera of the HTC One (M8). The front-facing snapper is a 5MP unit. There are no available announcement or availability details on the HTC 0PAJ3 for the time being. We hope it will not be a long wait before we get the full scoop on the device.
Read more

Future Nokias may have Carl Zeiss optics, but HMD is playing coy

Image
Long before Huawei partnered with a legendary German camera brand, Nokia put Carl Zeiss-branded lenses on its phones. A recent Tweet led people to believe that partnership will not carry over to the HMD-made phones, but now there’s a glimmer of hope. It turns out that was a mistake - the tweet only meant that the current Nokias (6, 5 and 3) do not have Zeiss optics, not that new phones definitely will not have them. Of course, that’s not the same as confirming that they will, even though the tweet ends with a tantalizing “stay tuned”. If Zeiss does partner up with Nokia/HMD, the first child of that union will likely be the upcoming powerhouse of a phone scheduled for June. Source | Via
Read more

New rumor suggests OnePlus 3T will be cheaper in China

Image
When the OnePlus 3T was announced last week, its US and European pricing information was revealed - the device will carry $439 and $479 price tag for the 64GB and 128GB variants, respectively, in the US, while in the EU the prices will be €439 and €479, respectively. Now, a new rumor has revealed the expected price tag the handset will carry in China. According to the rumor, the 64GB variant of the phone is expected to cost RMB 2,799 (around $405), while the 128GB model will set you back RMB 3,299 (around $480). The report adds that there's a possibility that the company might bring down the price of the 128GB variant to RMB 3,199 (around $465). Needless to say, none of this is officially confirmed, so take it with a pinch of salt. Via
Read more

Galaxy S7 edge Injustice Edition available to pre-order in Indonesia

Image
The limited edition Samsung Galaxy S7 edge Injustice Edition smartphone is now available to pre-order in Indonesia. The device is priced at IDR 14.999 million, which translates into around a whopping $1135 at current exchange rates. When the phone was officially announced by the South Korean company last month, it was revealed that the products included in the package may differ by markets and mobile operators. Here's what included for Indonesia: Pre-orders will be delivered starting June 24. This comes just a day after the Russian pricing and availability details of the handset were revealed. It's worth mentioning that only select regions - including (but not limited to) China, Singapore, Korea, Latin America, and Russia - will get the device. Source | Via
Read more

Report: Galaxy S8's facial recognition tech will be used for mobile payments

Image
Last week, there were reports that the upcoming Samsung Galaxy S8 will feature facial recognition technology, which will be used to unlock the phone. Now, a new report is suggesting that the tech will be used for mobile payments as well. Artistic render of the Samsung Galaxy S8 Specifically, the report suggests that the handset will use fingerprint, iris as well as facial detection for user verification when they try accessing services like Samsung Pay, making the S8 first Galaxy smartphone of its kind. The company is "already working with banks to help them embrace facial recognition systems in coming months," the report said. Via
Read more

MIUI 8 to arrive alongside Mi Max on May 10, Xiaomi confirms

Image
We already know that the Xiaomi Mi Max - which is said to sport a mammoth 6.4-inch FullHD display - will be unveiled on May 10. However, turns out that Xiaomi will make a couple of more announcements that day - the company has confirmed that the next major iteration of its MIUI ROM as well as the Mi Band 2 will also be unveiled on May 10. "Evolving from the first version in 2010, MIUI has served as the operating system for over 150 million across the globe," a post on MIUI forum said. "On May 10, we will introduce you MIUI 8, with the features you always wanted and new designs beyond your imagination." The post was also accompanied by a video demo (embedded below) for the MIUI 8 notification bar: As for the Mi Band 2, the wearable device was recently teased by the Chinese company's CEO himself, with the images revealing that it will feature a display, something that was missing in the device's previous iterations. Source ...
Read more