In recent news, it has been heard that the Supreme Court of New York has stated the reinstation of the sanitation workers who were fired on grounds of not getting vaccinated against COVID-19. On Tuesday, sitting on Staten Island, Justice Ralph Porzio declared that the city’s health commissioner transgressed his authority when he asserted the …
On the 24th of October 2022 Rishi Sunak, the British Conservative Party politician was declared to be the Prime Minister of the UK. A momentous event that had led to a massive celebration in parts of the UK – especially among minority groups. That day, every corner of the globe was an onlooker of outright …
Continue reading “Rishi Sunak – UK Prime Minister of Indian Origin”
Elon Musk has been a constant visitor in regular news for a prolonged period. And this time, Musk did something crazy. It was right after purchasing Twitter for a whopping deal of $44 billion, Musk fired its CEO, Parag Agrawal. The firing didn’t only end with the CEO but also the top executives. There was …
Continue reading “Musk Buys Twitter for $44 Billion and Fires CEO Parag Agrawal”
Replacing the former president, Kevin Jones, who had held the title since 2019, is Amar Maletira. With brilliant management and leadership experience in the field, Maletira is sure to accentuate the business up to its full potential. In the past, Maletira has brought several businesses to become multi-billion-dollar companies. At Rackspace Technology, Maletira already contributed …
Continue reading “Rackspace Technology Appoints Amar Maletira as CEO”
Embarking on a new endeavor is exciting and driving, but unfortunately, it also comes with a potential risk factor. With over 2,250 startups launched in 2021, the competition is fierce, and the success rate is underwhelming, with about 90% of businesses failing or dropping out. Though funding is essential to starting a new company and …
SAN JOSE, Calif. – September 1, 2022 – Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced Kim Anstett has joined Trellix as Chief Information Officer (CIO). As CIO, Anstett will lead the teams responsible for Trellix’s global information and technology systems to accelerate customer value and business resilience. …
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Following a 0.7% price hike in June, core prices saw a leap of 0.3% in July, according to the Labour Department’s CPI. Consumer prices have climbed 8.5% from last year, down from a four-decade-long record of 9.1%, keeping the annual increase at 5.9% after three straight monthly declines. The ever-concerning rise in the price of …
Continue reading “Core Costs to Keep the Inflation Red Hot?”
With Election Day approaching in less than 100 days, the Red Wave fails to make the previously predicted impact in Congress. In midst of the falling ratings for Biden, Republicans have spent over a year waiting to pick up more seats and making plans for 2023 and beyond. Having more than a few tricks up …
In an attempt to control semiconductor-manufacturing companies from using subsidies for their personal growth and agenda, the US Commerce Department has decided to put a cap on the government subsidies that semiconductor firms use. Before the US Commerce Department limited government subsidies, the legislation provided US$52 billion to improve and boost the chip industry. The …
Continue reading “US Commerce Department Passes Funding Bill”
On April 24, 2022, Twitter announced that it had struck a definite deal with Elon Musk regarding its acquisition. The Tesla CEO is all set to buy out the social media giant for $54.20 per share in cash, valuing the company at around $44 billion. The agreement between Twitter and Musk has sparked debates about …
The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.
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