Business- Page 13

April 1, 2026

Oracle Confirms Massive Layoffs: 30,000 Employees Let Go in AI-Focused Restructuring

To reallocate resources toward artificial intelligence infrastructure, Oracle has begun laying off approximately 30,000 employees globally. The tech giant initiated the job cuts on March 31, 2026, notifying affected staff via early-morning

Business·HR in Tech

March 15, 2026

Meta’s Next “Year of Efficiency”: Another Massive Tech Layoff Wave

In Silicon Valley, layoffs used to signal trouble. Today, they often signal transformation. Reports suggest that Meta could be preparing another major restructuring, potentially affecting more than 20% of its workforce, around

Business

February 9, 2026

Tremend Joins €290M European Commission Framework Powering the Next Wave of EU Digital Transformation

When the European Commission invests in the future of its digital backbone, it does so carefully and at scale. The recent award of the MAIA Lot 6 Framework Contract by the Directorate-General

The EU announced the list of the services targeted by DMA

The European Commission has formally validated the classification of tech companies and their services as “gatekeepers” under the rigorous Digital Markets Act (DMA). These companies were initially included in a provisional list

September 8, 2023

Business

Adobe’s Figma Deal Faces EU Antitrust Probe

The EU’s antitrust commissioner, Margrethe Vestager, said that the deal could “undermine the supply of tools for interactive product design and digital asset creation” and that it could “remove an important competitive

August 8, 2023

Business

ANIS and 138 other IT companies in Romania ask the Government not to adopt tax measures that would affect over 80% of IT engineers

ANIS and 138 other IT companies in Romania ask the Government not to adopt tax measures that would affect over 80% of IT engineers. The signatories of the memorandum say that they

August 7, 2023

Business

Tesla and its main competitors in China have reached an agreement on pricing

Tesla and its main competitors in China have reached an agreement to abandon the practice of “abnormal” pricing on the world’s largest EV market. Sixteen auto manufacturers, including BYD, Nio, Xpeng, and

July 7, 2023

Business

AROBS doubles its revenue and turnover in Q1 2023

AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts consolidated operating revenue of 133.2 million RON in the first quarter of 2023, a 113% increase

July 2, 2023

Business

Nvidia Stock Prices Dip Over 3% on Prospective US Restrictions on AI Chip Exports to China

Nvidia, one of the leading manufacturers of artificial intelligence (AI) chips, experienced a significant decline in its stock prices by over 3%. The drop can be attributed to reports suggesting that the

July 2, 2023

Business

Sony’s PS5 Sets Record with 6.3 Million Units Sold in Q1

Sony has announced that in the first quarter of this year, the PS5 sold an impressive 6.3 million units, setting a new record for Q1 console sales across all generations and platforms. After supply

May 3, 2023

Business

Safetech Innovations opens a US subsidiary

Safetech Innovations US, Inc. marks an important milestone in the company’s expansion strategy. By opening a subsidiary in the USA, Safetech Innovations S.A. is tapping into one of the world’s largest markets,

May 2, 2023

Business

Bucharest based Bittnet explores expansion in Europe with acquisition of Czech Company

Bittnet, a leading provider of IT services and solutions, is exploring new horizons for its business by considering an expansion into Europe. The company is currently eyeing the Czech Republic as its

April 30, 2023

Business

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Business- Page 13

Oracle Confirms Massive Layoffs: 30,000 Employees Let Go in AI-Focused Restructuring

Meta’s Next “Year of Efficiency”: Another Massive Tech Layoff Wave

Tremend Joins €290M European Commission Framework Powering the Next Wave of EU Digital Transformation

The EU announced the list of the services targeted by DMA

Adobe’s Figma Deal Faces EU Antitrust Probe

ANIS and 138 other IT companies in Romania ask the Government not to adopt tax measures that would affect over 80% of IT engineers

Tesla and its main competitors in China have reached an agreement on pricing

AROBS doubles its revenue and turnover in Q1 2023

Nvidia Stock Prices Dip Over 3% on Prospective US Restrictions on AI Chip Exports to China

Sony’s PS5 Sets Record with 6.3 Million Units Sold in Q1

Safetech Innovations opens a US subsidiary

Bucharest based Bittnet explores expansion in Europe with acquisition of Czech Company

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