Amazon to lay off over 18,000 workers

Amazon to lay off over 18,000 workers

Amazon.com Inc’s layoffs will now stretch to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday, January 4. The layoff decisions, which Amazon will communicate starting...
NVIDIA announces $799 RTX 4070 Ti graphics card

NVIDIA announces $799 RTX 4070 Ti graphics card

NVIDIA is marketing the RTX 4070 Ti as a more affordable alternative to the higher-end RTX 4080 and RTX 4090 graphics cards in its stable, which are priced at over $1,199 and $1,599 respectively. The RTX 4070 Ti is also targeted more towards use with 1440p monitors,...
WHO says China data underrepresents COVID surge and deaths

WHO says China data underrepresents COVID surge and deaths

China’s COVID-19 data is not giving an accurate picture of the situation there and underrepresents the number of hospitalizations and deaths from the disease, a senior official at the World Health Organization said on Wednesday. The U.N. agency was preparing to...
Egypt’s currency weakens to 26.49 to the dollar

Egypt’s currency weakens to 26.49 to the dollar

The Egyptian pound weakened to 26.49 to the dollar on Wednesday, its biggest one-day move since the central bank allowed it to fall by 14.5% on Oct. 27, according to Refinitiv Data. It was about 24.70 to the dollar at the opening of the trading day. Currency...