Indian unicorn ShareChat has laid off around 20% of its workforce in a bid to cut costs amid global headwinds. Mohalla Tech, which owns the video-sharing app, said it made the “difficult” decision due to concerns about a sustained economic downturn. Indian social media unicorn ShareChat fires 20% of staff. The company, which employs around […]
Author: News Desk
IMF says fragmentation to cost global economy up to 7% of GDP
The International Monetary Fund said that fragmentation could cost the global economy up to 7% of GDP in a new report. The longer-term cost of trade fragmentation varies from 0.2% of global output to almost 7%, which is roughly the combined annual output of Germany and Japan, according to the report published Sunday, which outlines […]
How China sneaks out America’s technology secrets?
It was an innocuous-looking photograph that turned out to be the downfall of Zheng Xiaoqing, a former employee with energy conglomerate General Electric Power. According to a Department of Justice (DOJ) indictment, the US citizen hid confidential files stolen from his employers in the binary code of a digital photograph of a sunset, which Mr […]
Hong Kong markets set to benefit from reopening of Chinese economy
Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing’s disappointing annual GDP growth rate in 2022, according to Chairman Laura Cha. The Chinese GDP grew by 3% last year, the National Bureau of Statistics said Tuesday, slightly surpassing the expectations of a Reuters poll but sitting well below the […]
The worst Job in the US is working in retail
Retail store associates have the worst job in the US right now as the industry faces a series of post-pandemic headwinds, a US News & World Report analysis found. The worst Job in the US is working in retail. The magazine ranked 190 jobs across 17 categories on criteria including growth potential, work-life balance, and […]
UK hospitals admitting one child after every 20 minutes over drugs usage
A Daily Mail investigation has revealed a shocking fact that a child was hospitalized every 20 minutes last year on average after intentionally poisoning themselves with drugs or alcohol. UK hospitals admit one child after every 20 minutes over drugs usage. The British daily reports that over the previous five years, hospital admissions for youngsters who […]
Afghan families want Prince Harry’s trial over killings revelation
KABUL: After Prince Harry acknowledged to killing 25 people while serving in Afghanistan for the UK military, Afghan families demanded that he be put on trial. Afghan families want Prince Harry’s trial over killings revelation. The duke of Sussex disclosed that he killed 25 people in Afghanistan while flying an Apache chopper in his autobiography, […]
Biden declares disaster as another storm hits flooded California
US President Joe Biden has declared a major disaster in California, as the latest in a succession of storm systems blew into the state, bringing heavy flooding to already waterlogged regions and threatening snowfalls of up to six feet.Biden declares disaster as another storm hits flooded California. The latest system is expected to bring “heavy […]
Andy Flower refuses to lead Pakistan as head coach
According to reports, Andy Flower, the former head coach of England, has declined to be considered for the position of head coach for the Pakistan cricket team. Andy Flower refuses to lead Pakistan as head coach. With the existing coaching staff’s contract expiring in February and the ICC World Cup 2023 approaching, Pakistan is actively […]
‘Those who think I married Aamir Liaquat for money and fame don’t know me’: Tuba Anwar
The late televangelist Aamir Liaquat Hussain’s ex-wife, actor Syeda Tuba Anwar, recently shared her path from being behind the camera to becoming well-known following their marriage.’Those who think I married Aamir Liaquat for money and fame don’t know me’, says Tuba Anwar. Anwar talked about everything in an interview with The Kult, from dealing with […]