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Byju’s founder and chief executive Byju Raveendran has apologised to the firm’s employees for the clumsy layoffs in India’s largest education technology company, saying 2,500 job cuts were necessitated to avoid role duplication and reduce redundancies. In a message to employees, Raveendran said Byju‘s has been compelled to focus on sustainability and capital-efficient growth because
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The threat actor behind the Fodcha distributed denial-of-service (DDoS) botnet has resurfaced with new capabilities, researchers reveal. This includes changes to its communication protocol and the ability to extort cryptocurrency payments in exchange for stopping the DDoS attack against a target, Qihoo 360’s Network Security Research Lab said in a report published last week. Fodcha
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Microsoft’s has not offered any remedies to EU antitrust regulators reviewing its proposed $69 billion (nearly Rs. 5,71,400 crore) bid for Call of Duty maker Activision Blizzard ahead of an expected full-scale EU probe, a person familiar with the matter said on Monday. The US software company is betting on the acquisition to help it compete better with
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Bloomberg’s Mark Gurman joins Emily Chang to discuss why Meta says Apple is “undercutting others in the digital economy” after the iPhone maker changed its App Store terms to take a portion of social-media ad revenue. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology”
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In today’s world of automated hacking systems, frequent data breaches and consumer protection regulations such as GDPR and PCI DSS, penetration testing is now an essential security requirement for organisations of all sizes. But what should you look for when choosing the right provider? The sheer number of providers can be daunting, and finding one
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Elon Musk has tweeted that Twitter will instate a ‘Content Moderation Council’ comprised of people with ‘widely diverse viewpoints’. One of the key functions of this council will be to consider unblocking the accounts of people who have been permanently suspended. No major decisions about content moderation or reinstating blocked accounts will be made without
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Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn’t necessarily mean the iPhone maker will be immune to a potential recession. Even though Apple fared reasonably well, the July-September results released on Thursday signalled that the world’s most
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