Good morning. It's nearly the weekend and I'm so enthusiastic about it. For now, although, let's get caught up on the tech information.
1. Peloton lays off employees, CEO resigns
The Verge reviews that health tools and companies firm Peloton has introduced a brand new spherical of layoffs on the identical time that its CEO is leaving the corporate. 15% of the remaining Peloton workforce, roughly 400 workforce members internationally, will lose their jobs. “As troublesome as the choice to chop employees was, Peloton merely had no different technique to align bills with income,” stated CEO Barry McCarthy.
2. Apple proclaims largest share buyback in historical past
Apple will purchase again $110 billion value of firm inventory, Reuters reported, breaking its personal report and setting the bar for the most important buyback in historical past. Within the quarterly outcomes, Apple's income fell 4 %, whereas iPhone income fell 10.5 %. “We proceed to really feel very bullish about our alternative in generative AI and are making vital investments,” stated CEO Tim Prepare dinner. “We stay up for sharing some very thrilling issues with our clients.”
three. Talking of Apple
Apple stated it's fixing a bug the place alarms aren't loud sufficient or just don't go off. Based on The Guardian, Apple has acknowledged the issue, which is widespread in TikTok. Apple has not defined the reason for the issue or indicated when a repair is coming.
four. And talking of TikTok
The AP reviews that Russian state-affiliated accounts are gaining extra engagement within the run-up to the US presidential election. Based on information from Brookings, accounts delivering messages from the Kremlin to each English- and Spanish-speaking customers have spiked, “TikTok utilization highlights a rising however not but absolutely realized path for the knowledge equipment supported by the Russian state to succeed in a brand new and younger viewers. “, the report states.
5. Audible is getting cheaper in Australia
A brand new $eight.99 Audible plan is being examined in Australia. Based on Engadget, the brand new plan gained't give customers the complete podcast entry that the usual $16.45 plan affords, nevertheless, it does provide the identical month-to-month audiobook credit score. Nonetheless, this credit score won’t carry over to the next month.
BONUS ITEM: Awwww.
It's the climb. 🎵
As we speak is #WildKoalaDay, so we rejoice our native climbers. 🐨
We love our koalas a lot that we developed a koala monitoring program. Study extra: https://t.co/lZTKysZOa5
This video was filmed by koala keepers at Ballarat Wildlife Park. 🌳 pic.twitter.com/svPNtDXkZu
— CSIRO (@CSIRO) May 2, 2024
Have an amazing weekend and TGIF.
Picture: Peloton.