On Wednesday, in a statement Zoom Video Communications Inc stated, it would expand its footprint in Singapore by opening a research and development centre; it also plans on hiring hundreds of engineers for its new office premise. Zoom also plans on doubling its data centre capacity in Singapore. It launched its first data centre in…
In a statement Airbnb Inc stated it was hiring former Apple designer Jony Ive and his firm to design new Airbnb products and services, under a multi-year contract agreement, Incidentally, Ive was a close creative collaborator with Apple Inc’s co-founder Steve Jobs and has spent nearly three decades in Cupertino leading the design of the candy-colored…
In a significant development, SoftBank-backed used-car platform Kavak has become Mexico’s first ever tech “unicorn”. The startup was valued at $1.15 billion in its latest funding round last month, said its CEO Carlos Garcia. Since its founding in 2016, Mexico City-based Kavak has raised more than $400 million in total funding with SoftBank, Greenoaks Capital…
On Monday, in a statement Amazon.com Inc said, it is ramping up its recruitment drive and will be hiring 100,000 more workers – its fourth hiring spree, to keep pace with surging e-commerce demand. The hiring positions will be full time and part time and will be based in its home country as well as…
On Monday, in a statement the Vietnamese government stated, South Korean electronics giant Samsung Electronics has started building a $220 million research and development center in the country. The construction will be completed by the end of 2022, said the Vietnamese government while adding that the research center will employ around 2,200 to 3,000 people.…
Nokia is focussing more resources to develop its system on chip integrated circuits. On Wednesday, in a statement, Finnish giant Nokia said, it has hired hundreds of engineers in Finland during 2019 in order to speed up development of its 5G solution. Last week, Nokia, which has competitors such as Ericsson and Huawei, had slashed…
Missing revenues forecasts and sales targets is adding pressure to Cupertino’s human resource management strategy for 2019. As per a report from Bloomberg citing sources familiar with the matter at hand, Apple Inc is set to cut hiring for some of its divisions. The development comes in the wake of Apple Inc missing its sales…
Tesla has hired Snap Inc’s Stuart Bowers who will now be its vice president of engineering. Electric carmaker Tesla Inc stated it has hired Stuart Bowers, Snap Inc’s vice president of monetization engineering, as its VP of engineering. He will work on Tesla’s Autopilot software and other projects. In recent days, several senior executives have…
Emerging from bankruptcy protection, the firm is pushing to reinvent its brick-and-mortar stores as well as rejig its website to take on more e-commerce. Specialty retailer Toys “R” Us Inc stated it will be closing one-fifth of its stores in the U.S. in the coming months as it struggles to emerge from one of its…
Sensor laden drilling operations are going increasingly hi-tech. In the shale oil industry today, tiny sensors are being attached to production gear to harvest data on right about everything: from pumping pressure, rotational speed of drill bits, heat generated by drilling activity, almost every conceivable variable in the drilling operation is being captured. This sensor-laden…
business-gurus.com 