By the first week of December, Twitter had let go about half of its 7,500-employee workforce… But layoffs in the tech sector have been rampant both before and after the Twitter news. In 2022, 140,000 jobs were slashed from both public and private organizations in the industry.
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The NFL has long dominated the entertainment industry. In 2021, 23 of the top 25 telecasts were NFL games, the other two were Joe Biden’s Inaugural address, and an episode of The Equalizer, which came on directly after the Super Bowl.
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On October 25th Amazon announced a program to integrate Alexa systems into hospitals and senior living communities. The program is run through Alexa Smart Properties, a system that allows organizations to control an entire Alexa system.
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Amazon announced on February 2nd that Jeff Bezos will be stepping down from the position of CEO. The position will be turned over to Andy Jassy, chief executive of Amazon Web Services (AWS). Bezos will transition to the role of executive chair this summer, stepping away from the responsibilities of CEO while also remaining deeply involved in the company. According to NBC news, Bezos follows the continual pattern of American tech company founders stepping down from the CEO position, such as Bill Gates at Microsoft and Larry Ellison at Oracle.
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The coronavirus pandemic has debilitated the US economy in many different aspects. From the stock market to the unemployment rate, no one can deny that this virus has hit every sector of the American economy.
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In recent news, billionaire Jeff Bezos’ net worth has surpassed $200 billion. This can mostly be attributed to the fact that Amazon has proven to be vital to people’s lives during the COVID-19 pandemic.
Read MoreImagine a world where somebody can simply walk into a store, pick up what they need and leave without having to wait in a checkout line, take out their wallet, and pay the cashier.
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