About Author
Saipriya Iyer
Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i
Contribution by Saipriya Iyer
Advertisers to spend almost £700 million less than last Christmas
Advertisers are reportedly cutting their marketing budgets by more than £700 million in the festive-themed virtual running event, the run-up to Christmas. The COVID-19 pandemic has put paid to the big-budget extravaganzas that have historically bombard the general public in the festive season.... Read More
Charles Schwab lays off 1K staff following merger with TD Ameritrade
Charles Schwab Corporation, a financial services company, has recently announced a lay-off of 1,000 employees from the recent merger between Schwab and TD Ameritrade. As per the reported statement made by Charles Schwab, the company has started notifying employees that their roles have been elimi... Read More
Cathay to close operations of Cathay Dragon and lay off 8500 staffs
Cathay Pacific, a flag carrier based in Hong Kong, has reportedly announced the closure of Cathay Dragon, its subsidiary, and is planning to lay-off 8,500 jobs. Cathay Dragon is a full-service carrier, with travel routes across China & other Asian destinations. Cathay Pacific is planning to r... Read More
Netflix shares decline by 5% due to less new subscriber count
Netflix, a media service provider, has recently announced a decline in its share by 5%, after recording a fewer number of paid subscribers in the Q3 of 2020. The news comes in line with the rising competition and return of live sports to TV. The media company has revealed that only 2.2 million ne... Read More
UK’s BRC accuses Visa and Mastercard for charging users excessive fees
The British Retail Consortium (BRC), a renowned trade association in the United Kingdom, has reportedly accused payment firms Visa and Mastercard of charging excess fees for their services during the pandemic. The consortium stated that the payment companies have almost doubled their fees in the pas... Read More
Wells Fargo terminates over 100 employees for abusing US COVID-19 aid
Wells Fargo & Co., a renowned financial service firm, has reportedly fired over 100 employees that were suspected of collecting COVID-19 relief funds improperly, claims a source familiar with the matter. According to an internal memo, the company has determined that the said employees swindled t... Read More
EU to impose stricter norms on tech giants for regional operations
EU has reportedly shortlisted 20 tech giants that will be compelled to follow the new norms. This move is intended to dissolve the monopoly gained by the listed companies. The European Union (EU) has reportedly developed a list of technology giants who will have to follow stricte... Read More
Reliance announces General Atlantic’s $500M investment for 0.84% stake
Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, has reportedly announced an investment of ?3,675 crore (nearly $500 million) by General Atlantic. On a fully diluted basis, the investment will translate into an equity stake of 0.84% in Reliance Retail. As per the pre-money equit... Read More
South Korea’s IBK launches an AI-based review system for real estate
IBK (Industrial Bank of Korea), a renowned Korean industrial bank, has reportedly launched its new AI-based real estate review system known as ‘AI Real Estate Automatic Review System’. This would be the first such review system launched in South Korea. The bank unveiled the system on 22n... Read More
TTM reinstated as Jerusalem Gold Project owner by Ecuador Government
Titan Mineral (TTM), a renowned exploration and development firm aimed at exploring and delineating Tier One projects across Ecuador, has reportedly announced that it has been reinstated as the owner of the Jerusalem Gold Project by the Ecuadorian Ministry of Mines. The addition of the Jerusalem ... Read More