More than 50 injured in Peru as protests cause ‘national chaos’

More than 50 injured in Peru as protests cause ‘national chaos’

LIMA, Jan 20 (Reuters) – Dozens of Peruvians were injured after tensions erupted again on Friday night as police clashed with protesters during anti-government protests that are spreading across the country. In the capital Lima, police used tear gas to repel protesters throwing glass bottles and rocks as fires burned in the streets, local television … Read more

Amazon’s AWS to invest $35 billion in Virginia

Amazon’s AWS to invest  billion in Virginia

WASHINGTON, Jan 20 (Reuters) – The cloud services division of Amazon.com Inc (AMZN.O) said on Friday it plans to invest an additional $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services (AWS) said the new investment will create 1,000 jobs. Republican Virginia Governor Glenn Youngkin said AWS will establish multiple data … Read more

Chris Hipkins set to replace Jacinda Ardern as New Zealand Prime Minister

Chris Hipkins set to replace Jacinda Ardern as New Zealand Prime Minister

WELLINGTON, Jan 21 (Reuters) – Chris Hipkins, who has played a significant role in New Zealand’s response to the COVID-19 pandemic, is set to replace Jacinda Ardern as prime minister after emerging on Saturday as the sole candidate for the leadership of the ruling Labor Party. Hipkins, 44, is expected to be confirmed as the … Read more

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Jan 20 (Reuters) – Google’s parent company Alphabet Inc (GOOGL.O) is cutting around 12,000 jobs as it faces “a different economic reality”, it said in a memo, doubling down artificial intelligence (AI) and removing staff who support experimental projects. The job cuts affect 6% of its workforce and follow thousands of layoffs at tech giants … Read more

Musk expected to take a stand as trial resumes over Tesla tweet

Musk expected to take a stand as trial resumes over Tesla tweet

SAN FRANCISCO, Jan 20 (Reuters) – Tesla Inc chief executive Elon Musk (TSLA.O) is set to testify in a jury trial on Friday over his 2018 Twitter post that he had ” secured financing” to take the power automaker private, which shareholders say has cost them millions in business losses. The class action lawsuit in … Read more

Genesis Crypto Lending Unit Files For Bankruptcy In The US

Genesis Crypto Lending Unit Files For Bankruptcy In The US

Jan 20 (Reuters) – The loan unit of crypto firm Genesis filed for bankruptcy protection in the United States on Thursday, owing its creditors at least $3.4 billion, after being knocked down by a rout market with companies like FTX exchange and lender BlockFi. Genesis Global Capital, one of the biggest crypto lenders, froze client … Read more

Here’s what Twitter lost in ad revenue in the final months of 2022

Here’s what Twitter lost in ad revenue in the final months of 2022

NEW YORK/LONDON, Jan 20 (Reuters) – Top advertisers on Twitter cut spending after the Elon Musk takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the top source. of business income. According to Pathmatics estimates, fourteen of the top 30 advertisers on Twitter ceased all advertising on the … Read more

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

DAVOS, Switzerland, Jan 19 (Reuters) – In the snow and ice on the main street of Davos, the impact of the crypto winter is evident for WEF attendees. Last May, the dressed storefronts that line both sides of Promenade Street that runs through the Swiss ski resort were dominated by crypto companies, rolling in bitcoin. … Read more

T-Mobile says investigating data breach involving 37 million accounts

T-Mobile says investigating data breach involving 37 million accounts

Jan 19 (Reuters) – U.S. mobile operator T-Mobile (TMUS.O) said on Thursday it was investigating a data breach involving 37 million postpaid and prepaid accounts and planned to take legal action. significant costs related to the incident. The company said it identified malicious activity on January 5 and contained it within a day, adding that … Read more

Brazilian court grants bankruptcy protection to retailer Americanas

Brazilian court grants bankruptcy protection to retailer Americanas

SAO PAULO, Jan 19 (Reuters) – A Rio de Janeiro court on Thursday accepted Brazilian retailer Americanas SA (AMER3.SA)’s application for bankruptcy protection, days after the company disclosed nearly $4 billion accounting inconsistencies that sparked a legal dispute with creditors and investors. Americanas, a 93-year-old company with stores across Brazil and a major e-commerce unit, … Read more