IT business

Wells Fargo Bank fired employees for simulating work — they used mouse and keyboard activity simulators

News IT business 06-15-2024 at 16:43 comment
Last month, Wells Fargo Bank fired more than ten employees for simulating work. According to a report sent to the Financial Industry Regulatory Authority, employees of the wealth management and investment division were «fired after considering allegations related to keyboard simulations that give the impression of active work».

Destroyed 180 servers with scripts from Google — fired employee caused $600,000 in losses

News IT business 06-14-2024 at 15:12 comment
Kandula Nagaraju, a 39-year-old Indian citizen who worked for NCS (National Computer Systems) in Singapore, was sentenced to two years and eight months in prison after a court found him guilty of unauthorized access to computers. As reported by CNAKandula accessed his former employer’s systems for several months after he was fired. He…

X (formerly Twitter) is demanding $1500-$70,000 from fired employees — they say they were overpaid

News IT business 06-14-2024 at 10:04 comment
Elon Musk’s X Corp (formerly Twitter) is demanding money from at least six Australians who were previously fired. The company claims that it accidentally overpaid them. Sydney Morning Herald newspaper saidX is threatening to sue some former Australian employees after they incorrectly converted currency from US dollars to Australian dollars.

SpaceX employees’ lawsuit against Elon Musk — sexual harassment, bullying, revenge

News IT business 06-13-2024 at 10:14 comment
Eight dismissed SpaceX engineers have filed a lawsuit against Elon Musk alleging sexual harassment and retaliation. The U.S. National Labor Relations Board (NLRB) has opened a case against the company.

Jabra to discontinue headphones and headsets — Elite 10 Gen 2 and Elite Active 8 Gen 2 will be the last models

News Devices 06-13-2024 at 09:26 comment
Just hours after announcing two new pairs of headphones, parent company Jabra GN announced that the Elite 10 Gen 2 and Elite 8 Active Gen 2 mark the end of its consumer headphone business. That’s all it has written for the long-running Elite series after years of producing quality products.

Apple has once again won the title of the most valuable company in the world from Microsoft – it has a capitalization of $3.33 trillion

News IT business 06-12-2024 at 18:43 comment
On Wednesday, Apple once again became the most valuable company in the world, pushing Microsoft off the top spot. The Cupertino-based company has moved ahead in the race for dominance in artificial intelligence technologies.

Gameloft has significantly reduced the Kharkiv office: even the head of the studio was fired

News IT business 06-07-2024 at 11:29 comment
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Over the past few months, Gameloft’s Kharkiv office has been subject to large-scale layoffs. Even the head of the studio, who had been working there for 14 years, as well as game designers, QA engineers, and developers were laid off.

Tesla CEO demands $56 billion for Musk because «Elon needs motivation»

News IT business 06-07-2024 at 09:42 comment
Tesla CEO Robin Denholm calls on the company’s shareholders to approve a $56 billion payout to Elon Musk. On June 13, Tesla shareholders will decide the fate of the compensation package.

The experiment was a success. Ukrainian YouScan reintroduces four-day work schedule

News IT business 06-06-2024 at 18:57 comment
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The Ukrainian company YouScan is returning to a four-day work schedule for the summer. This is the second time the company has done so — last year «four-day work was introduced as a response to the May shelling and team exhaustion.

Now’s your chance: the number of responses to QA jobs without experience falls for the 4th month in a row

Ukraine IT business 06-06-2024 at 17:00 comment
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The number of responses to QA jobs has been declining for the 4th month. Now it is about 50 responses per month, according to Djinni, an anonymous job search service.

Move over, Apple. NVIDIA became the second most valuable company in the world with a capitalization of $3.01 trillion

News IT business 06-06-2024 at 09:40 comment
NVIDIA has become the second most valuable company in the world. On Wednesday evening, the chip giant’s market capitalization reached $3.01 trillion and surpassed Apple, which is worth $3 trillion.

Odesa-based IT company Digis is acquiring niche outsourcer Scalamandra. The deal is worth up to $1 million

IT business News 06-05-2024 at 13:53 comment
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Odesa-based IT company, Digisannounced its merger with outsourcer Scalamandra under the name Digis Group. This became known from the words of Digis founder Nick Nagatkin, who estimates the deal to be worth between $500,000 and $1 million. Following the completion of this transaction, the Scalamandra team will join Digis.

Elon Musk «moved» from Tesla to X and xAI 12 thousand NVIDIA H100 AI chips — shares fell, investors are unhappy

News IT business 06-05-2024 at 12:19 comment
CEO Elon Musk has asked NVIDIA to send 12 thousand NVIDIA H100 artificial intelligence processors its companies X and xAI instead of Tesla. NVIDIA’s emails on the matter also indirectly suggest an exaggerated picture of Tesla’s purchases, as reported by CNBC.

Samsung sues Oura in advance to avoid patent disputes over Galaxy Ring

News IT business 06-04-2024 at 11:22 comment
Samsung is not waiting for Oura to file any lawsuits over patent claims regarding its upcoming smart ring. Instead, the Korean company filed its own lawsuit against Oura in advance, seeking a «declaratory judgment» and claiming that Galaxy Ring does not violate 5 Oura patents.

Residents of «Diia.City» demand to extend the deadlines and introduce economical booking

IT business News 06-03-2024 at 20:06 comment
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The residents’ union «Diya.City» and Diya.City United called on the Cabinet of Ministers to take a number of measures to ensure the operation of enterprises important to the economy in the context of a full-scale war.

NVIDIA CEO Jensen Huang, along with executives from TSMC, MediaTek and Quanta, walked the night market in Taiwan

News IT business 06-01-2024 at 21:18 comment
NVIDIA CEO Jensen Huang and the heads of some of the largest companies in the semiconductor business were spotted together at the Ningxia Night Market in Taiwan. TSMC founder Morris Chang, MediaTek CEO Rick Tsai, Quanta CEO Barry Lem, and famous architect Chris Yao were partying with NVIDIA CEO. The party took place on the eve of Computex 2024, and…

Samsung workers exposed to severe X-rays at work — investigation launched

News IT business 05-30-2024 at 08:56 comment
South Korean authorities have opened a case against Samsung after finding that two workers at one of the tech giant’s plants were exposed to X-rays. The two hospitalized patients showed «abnormal» symptoms on their fingers, the South Korean Nuclear Safety Commission (NSSC) said in a statement.

Activision «has extracted» more than $14 million from a Call of Duty cheat developer — they have been downloaded 72,000 times

News Games 05-29-2024 at 18:13 comment
Activision has won a legal victory in the case against German cheat distributor EngineOwning. U.S. District Judge Michael Fitzgerald awarded Activision $14,465,600 in compensation for loss of profits, as well as another $292,912 in attorney’s fees.

N-iX opens first office in Romania: it will function as a technology hub

Ukraine IT business 05-27-2024 at 15:33 comment
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Ukrainian IT company N-iX, which employs more than 2200 specialists, has opened an office in Bucharest, Romania.

Nvidia’s success in 5 years has increased Jensen Huang’s fortune from $3 billion to $90 billion

News IT business 05-25-2024 at 09:00 comment
Five years ago, Nvidia CEO Jensen Huang owned a share of his company worth approximately $3 billion. However, thanks to the successful development of the business and the record growth of shares this week, his capital is now worth more than $90 billion.

«Nova Poshta» now delivers shipments between European countries – weight up to 100 kg, delivery time from 2 days

News IT business 05-24-2024 at 16:33 comment
The Nova Post brand, under which «Nova Poshta» operates in Europe, has introduced a new service for customers abroad. From now on, it is possible to make shipments not only from European countries to Ukraine and vice versa, but also to send documents, parcels or cargo up to 100 kg between European countries where there are Nova Post offices.

AI slaves: African workers accuse OpenAI, Meta, and others of inhumane working conditions — open letter to Biden

News IT business 05-24-2024 at 14:15 comment
AI language models like OpenAI’s ChatGPT are partially powered by low-wage workers. Contractors in poor countries pay small amounts of money to correct chatbot data, label images, etc. On May 22, 97 African workers who train artificial intelligence or moderate content for companies such as Meta and OpenAI published an open letter to President…

New NVIDIA graphics cards every year: announcement of annual development cycle amid 262% revenue growth for the quarter ($26 billion)

News Devices 05-23-2024 at 09:59 comment
NVIDIA’s revenue grew by 262% last quarter, exceeding investors’ high expectations and pushing the company’s shares up in trading. NVIDIA also announced a 10-for-1 stock split effective June 7, and announced a 150% increase in its quarterly dividend.

Absolute hegemony. Luxoft topped the top companies by published vacancies

IT business News 05-22-2024 at 18:46 comment
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Luxoft, one of the largest IT companies in Ukraine, became the absolute leader in terms of published vacancies in the spring.

Vlad Yatsenko, Dmytro Zaporozhets, and others. The top of the richest IT entrepreneurs in Ukraine has been revealed

IT business News 05-21-2024 at 15:41 comment
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The publication NV amounted to rating of the richest IT entrepreneurs in Ukraine. The top spots were taken by businessmen focused on Western markets — Vlad Yatsenko, Dmytro Zaporozhets, and Taras Kitsmey and Yaroslav Lubinets of SoftServe.

Fears that people’s jobs will be taken away: «the godfather of AI» offers a universal basic income

News IT business 05-20-2024 at 17:29 comment
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«The Godfather of Artificial Intelligence» Jeffrey Hinton believes that the introduction of a universal basic income can solve the problem of a possible job shortage caused by the development of AI.

Google Ukraine exec launches Strichka — digital community for Ukrainians abroad

News IT business 05-15-2024 at 14:49 comment
Dmytro Sholomko, who headed Google’s representative office in Ukraine for 17 years and resigned last year in Octoberannounced his new job (and not just one).

Ilya Sutzkever, the chief scientist who wanted to oust Sam Altman and changed his mind, is leaving OpenAI

News IT business 05-15-2024 at 10:52 comment
OpenAI co-founder and chief scientist Ilya Sutskever officially leaves the company — he is best known for leading the infamous failed coup to oust Sam Altman from the CEO position.

«Nova Poshta» now operates in the UK – opened 2 branches and launched courier delivery

News IT business 05-13-2024 at 14:30 comment
«Nova Poshta» has announced the launch of its operations in the UK. This is the 13th European country where the company has opened a branch and launched courier delivery.

Germany bans the sale of Motorola smartphones and some Lenovo devices

News Devices 05-13-2024 at 12:59 comment
A German district court has decided to completely ban the sale of Lenovo devices and its subsidiary Motorola in the country. Motorola is now prohibited from selling all its phones that have a WWAN (Wireless Wide Area Network) module designed to provide mobile Internet access via cellular networks. This means that virtually all Moto phones,…

Softserve, Luxoft, and Infopulse. The rating of the largest taxpayers among IT companies has been published

IT business News 05-10-2024 at 15:10 comment
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In 2023, IT companies paid UAH 20.8 billion in taxes to the state budget.

«For services to the company»: Microsoft will unfreeze salary increases for employees

News IT business 05-10-2024 at 12:58 comment
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Microsoft plans to resume raising salaries for its most efficient employees.

Dell will track movements and assign a rating of «truants» office

WTF IT business 05-09-2024 at 15:10 comment
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The American company Dell is tightening control over its employees after changing its remount policy. In particular, it tracks physical movements and monitors VPN connections.

Microsoft wants more Hi-Fi Rush games by shutting down its developer and offering voluntary severance deals to ZeniMax team

News Games 05-09-2024 at 11:03 comment
Strange miracles are happening at Microsoft. Matt Booty, the head of Xbox Game Studios, held a meeting to discuss the division’s future goals.

«Hack» system — bosses «cut» bonuses: Microsoft improves cybersecurity program

IT business News 05-08-2024 at 11:46 comment
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In light of recent events, Microsoft has decided to tie executive salaries to the functioning of security systems: if the company is hacked, the bosses will be «cut» bonuses.

«Almost fired»: Helldivers 2 community manager on Discord got in trouble for commenting on the PSN situation

News Games 05-07-2024 at 15:21 comment
The manager of the Helldivers 2 community on Discord, nicknamed Spitz, suddenly stopped posting comments after the situation that developed over the weekend around the game. To recap, Sony had to cancel the decision on mandatory link Helldivers 2 on PC to your PlayStation Network accountwhich is not available in many countries due to user pressure.

The Verge’s article about the «best printer 2024», generated by AI and SEO-optimized, tops Google for a month for the query «best printer»

News IT business 05-06-2024 at 15:08 comment
In early April, the technology publication The Verge published an article «Best printer 2024…»which is still the first Google result for the query «best printer». In fact, this material, generated by the language model Google Gemini and SEO-optimized, is an experiment and an example of how technology can bypass people’s attempts to…

AMD is losing the gaming graphics card market — revenue from them fell by 48% in the first quarter and will continue to decline

News Devices 05-02-2024 at 20:30 comment
In the first quarter of 2024, AMD’s revenue from gaming solutions decreased by 48% year-on-year due to lower demand for discrete Radeon graphics cards and reduced sales of chips for PlayStation and Microsoft consoles. The company expects its gaming revenue to decline further in 2024 before recovering in 2025.

Google programmer fired for protesting in the office — says he just came to watch (company denies)

News IT business 05-01-2024 at 20:09 comment
A programmer who was fired from Google because of protests at the company’s offices says he was simply observing a protest against an Israeli defense contract. The former employee said anonymously that he went to the lobby of Google’s New York office just to watch the protest.

Not just Paramount: CEOs in the U.S. are leaving in droves — due to stress, pressure and loneliness

News IT business 04-30-2024 at 21:40 comment
It’s not a good time to be a CEO, judging by the recent wave of layoffs in the US. HSBC’s Noel Quinn unexpectedly announced on Tuesday that he will step down as CEO when the board selects his successor. Bob Bakish of Paramount Global resigned from the media giant on Monday, and Kenny Wilson of Dr Martens recently announced that this…

«Ukrainian teams need to have competitive advantages»: Head of «EPAM Ukraine» on the current «crisis of survival»

Interview Longevity. 04-30-2024 at 14:00 comment
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«There is always a crisis», – emphasizes the head of the Ukrainian office EPAM Stepan Mitish. During the three years of his leadership, the company faced a «growth crisis» after the covid and a «survival crisis» due to a full-scale invasion. Plans for the industry’s growth were abruptly cut short by military risks. The same […]

Ex-manager of Twitter X (the one who slept in the office), now works at Meta and tells interesting things about Elon Musk

News IT business 04-30-2024 at 13:27 comment
Do you remember the woman who slept in Twitter’s X office and justified Elon Musk’s methods, and she was fired anyway? Well, now Esther Crawford is working for Mark Zuckerberg at Meta, which she talks about said on Instagram. Crawford was XTwitter’s director of product management for more than two years before she was fired in…

«Job search services were invented for office workers». Jooble co-founder on the challenges of finding a job «blue-collar workers»

IT business Longevity. 04-29-2024 at 14:00 comment
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While the number of vacancies in the Ukrainian IT market is decreasing, the number of blue-collar jobs is growing, but there are not enough candidates. The problem is further complicated by the fact that, according to Roman Prokofiev, co-founder of Jooble, all job search services have historically been designed for office workers. Recent years…

Google’s value exceeded $2 trillion — the company announced its first dividend payment in 25 years

News IT business 04-27-2024 at 11:34 comment
The last time the market capitalization of Google’s parent company Alphabet briefly approached this milestone was in 2021.

Taiwanese from TSMC and Slovenians from EKWB abuse workers in the US: racism, overtime and underpayment

News IT business 04-25-2024 at 11:43 comment
It seems that Asian and Eastern European companies that open factories in the United States bring their «production culture» there. According to testimonies, American employees of TSMC and PC manufacturer EKWB from Slovenia face racism, rudeness, overtime, underpayment, and false accusations.

Ahead of Apple Fitness+. The Ukrainian app BetterMe: Mental Health has won the Webby Award

Ukraine IT business 04-24-2024 at 13:24 comment
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Ukrainian app BetterMe: Mental Health won the international award The Webby Awards 2024 People’s Choice in the Health & Wellness & Fitness Apps category.

Embracer Group will split into three companies — one of them will own Ukrainian 4A Games, which was supposed to be sold to the Russians

News IT business 04-22-2024 at 12:56 comment
Embracer Group has announced its intention to split into three different publicly traded games and entertainment companies. The new companies will be called Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.

Not everyone at NVIDIA is a millionaire — shares have to be sold, says a programmer with a salary of $250 thousand per year

News IT business 04-21-2024 at 22:06 comment
An NVIDIA employee who earns $250,000 dollars a year said that the earnings of the company’s employees «are not as rosy» as some might think. He told us anonymously Business Insiderthat while some NVIDIA employees may have to be lucky enough to become millionairesThis is not always the case. The publication checked the identity and wealth…

Netflix will stop reporting the number of subscribers — from April 2025

News IT business 04-19-2024 at 13:59 comment
Netflix published report for the first quarter, and the most interesting thing about it is that profits grew very significantly, largely due to the successful fight against password sharing and advertising rates.

Google merges Android and Chrome teams with hardware division — all for AI

News IT business 04-19-2024 at 09:30 comment
The united team will be responsible for implementing artificial intelligence in smartphones and everything running on Android.

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