The cost cuts are likely to include job reductions due to internal business department reorganizations as opposed to more formal layoffs. The company reported second-quarter earnings in July that missed on the top and bottom. It also recorded a 22% year-over-year increase in costs and expenses totaling nearly $20.4 billion during its second quarter.
Microsoft on Tuesday debuted a slew of changes for its Windows 11 operating system. Windows 11 is getting system-wide live captioning to users who are deaf and hard of hearing. Microsoftβs Smart App Control will automatically stop certain apps from running on your machine if they're likely malicious.
The US National Transportation Safety Board (NTSB) yesterday recommended that all new vehicles be equipped with alcohol detection systems that can stop people from driving while drunk. The NTSB can't issue such a regulation on its own but urged the National Highway Traffic Safety Administration (NHTSA) to do so.
Hertz Global Holdings plans to order up to 175,000 General Motors Co(GM.N) electric vehicles. The multi-billion dollar, multi-year deal could be the first of many GM agreements to supply electric vehicles to rental car companies. GM shares fell more than 5% Tuesday afternoon following ...