Search results for "tech billionaire"

5G giveth, & 5G taketh away: the unemployment problem

Technology has always been ambiguous when it comes to the development of humanity. The printing press. The internet. Electricity. The steam engine. The telegraph. Each of these discoveries and inventions have greatly impacted society as a whole, taking humanity to the forefront of technological development. These innovations are more often than not the catalyst for […]

SoftBank's Son leaves Alibaba board following Ma's departure

TOKYO (AP) — Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp., said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba. Son announced the change at the end of SoftBank’s general shareholders’ meeting. He emphasized that the decision was a “happy” one and did not reflect […]

Sending a job application over the Internet? Think again!

In light of the Covid-19, many people on the planet have lost their jobs. Searching for a job is intimidating and frustrating, but should you grasp the first opportunity given to you? Human Resource managers have shifted their strategy to digital recruitment. However, Scamwatch, has reported 990 job employment scams in Australia since January 2020. […]

SoftBank racks up losses as Vision Fund investments plunge

>By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled office space-sharing venture WeWork. SoftBank, founded in 1981, said Monday the drop in […]

Bill Gates says he is stepping down from Microsoft board

REDMOND, Wash. (AP) — Microsoft co-founder Bill Gates said Friday he is stepping down from the company’s board to focus on philanthropy. Gates was Microsoft’s CEO until 2000 and since then has gradually scaled back his involvement in the company he started with Paul Allen in 1975. He transitioned out of a day-to-day role in […]

Google co-founders step aside as antitrust scrutiny heats up

By RACHEL LERMAN AP Technology Writer SAN FRANCISCO (AP) — Google’s co-founders are relinquishing their executive positions just as state and federal regulators, not to mention the Department of Justice and Congress, are taking a keen interest in possible abuse of its privacy practices and market power. But their long foreshadowed successor, Sundar Pichai, has […]