Samsung announced a new family of smartphones powered by 5G technology at this year’s virtual CES conference Thursday. The latest Android Galaxy models—Galaxy S21, Galaxy S21+ and Galaxy S21 Ultra—are poised to compete with Apple’s 5G- powered iPhone 12. The company’s new Galaxy models, which range in price from $799 to $1,199, are the first devices to be powered by Qualcomm’s Snapdragon 888...
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Amazon Takes Its Time Delivering Second Round of Job Cuts
Amazon is in the lead! The e-commerce behemoth has moved ahead of Alphabet in the contest to win this year’s IBM Cup, awarded occasionally to the most bureaucratic and slow-moving big tech company around. That’s one takeaway from Amazon CEO Andy Jassy’s explanation today for cutting another 9,000 jobs, on top of the 18,000 layoffs already announced. Jassy said in November the job cuts flowed...
FTX Sues Liquidators of Bahamas Unit
Flagstar Acquires Most of Signature Bank, Excluding Crypto Business
Amazon Laying Off 9,000 More Employees, Including in AWS, Ads, Twitch
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