Category: business

Microsoft will double its Black senior leadership by 2025

[ad_1] The company also wants to help make its non-Black employees better allies. Starting in the company’s fiscal 2021 year, Microsoft will mandate mandatory training on allyship and privilege for all employees. Part of the course material will touch on understanding the experience of Black communities.  Outside of its own walls, the company plans to […]

Amazon invests $2 billion in its clean energy fund

[ad_1] Amazon is committing $2 billion to companies developing clean energy technology with its Climate Pledge Fund, the company announced Tuesday. The fund is one facet of Amazon’s Climate Pledge, which aims to eliminate the company’s net carbon emissions by 2040. While it’s perhaps another step in the right direction, the fund comes after years […]

Honeywell will let other companies tap into its quantum computer

[ad_1] Honeywell’s quantum computer is now commercially available after it was first announced in March. The company, best known in the US for making thermostats, says enterprise customers can access the machine either directly through one of its own interfaces or via Microsoft’s Azure Quantum portal. As it did when it unveiled the device, Honeywell claims […]

Google’s racial equity push includes $175 million for Black businesses

[ad_1] The internet giant is also promising $3 million to address gaps in computer science and STEM education. It’s widening an awards program to 16 more universities to tackle gaps in computer science research, and bolstering representation in AI with $250,000 toward Black in AI. Representation within Google will matter as well. It’s aiming to […]

SiriusXM buys Simplecast to grow its burgeoning podcast empire

[ad_1] In a move that’s likely to lead to even more competition in the already hotly contested podcasting space, SiriusXM announced Wednesday it’s acquiring Simplecast. The platform gives independent and enterprise podcasters tools to publish their audio content. It also comes with a suite of analytics to measure audience engagement. SiriusXM says the Simplecast team will […]

Walmart tests a cashierless store to prevent coronavirus spread

[ad_1] Walmart — which is America’s biggest source of employment — is cutting cashiers from one of its stores. The company’s Fayetteville, Arkansas location is removing not just its clerks, but also its checkout line conveyor belts, according to a local Fox affiliate. Walmart says that this is a strategy to limit human interaction, but […]

T-Mobile reportedly plans to lay off hundreds of former Sprint employees

[ad_1] After the report came out, T-Mobile published a blog post in which it said it plans to hire 5,000 new employees over the next year. In the same post, it confirmed the layoffs without detailing their scope. “As part of this process, some employees who hold similar positions are being asked to consider a […]

UK’s antitrust watchdog is investigating Facebook’s purchase of Giphy

[ad_1] Facebook bought Giphy last month, and it caused a stir. Sentiments toward Facebook have been shifting over the years, and the GIF sharing site falling into the hands of the company that also owns WhatsApp and Instagram was a disappointment for some. (There were also concerns of Giphy embeds sending personal data back to […]

Apple pledges $100 million to foster racial equity and justice

[ad_1] Apple is joining the chorus of companies promising to address racial justice in the wake of large-scale protests over police violence and discrimination. Tim Cook has unveiled a Racial Equity and Justice Initiative, including a $100 million pledge, that will tackle the “systemic barriers” to opportunity and dignity for people from diverse backgrounds, with […]

Grubhub sells itself to Just Eat to create a food delivery giant

[ad_1] The deal is a consolation prize of sorts for Grubhub. As CNBC explained, Grubhub had courted Uber as a potential buyer until talks fell through. Antitrust concerns were reportedly the sticking point — both companies were worried that the combination of two US-based delivery giants might run afoul of regulators, and they couldn’t agree […]