Major Tech Players Announce Huge Workforce Reductions: Ebay, Amazon and More!
Several major tech companies are reshaping their workforce dynamics at the beginning of 2024, with eBay becoming the latest to announce substantial layoffs
US internet overlord Google has overtaken rival technology titan Apple as the world's top brand in terms of value, global market research agency Millward Brown said Wednesday.
Google's brand value shot up 40% in a year to USD 158.84 B, Millward Brown said in its 2014 100 Top BrandZ report.
"Google has been extremely innovative this year with Google Glass, investments in artificial intelligence and a range of partnerships," said Benoit Tranzer, the head of Millward Brown France., quoted by Business Insider. "All these activities send a very strong signal to consumers about the essence of Google," Tranzer said.
Apple, which dominated the top position for three straight years, saw its brand value fall by 20% to USD 147.88 B.
The top 10 of the 100 slots were dominated by US firms. IBM was in third place at USD 107.54 B, a fall of 4%, followed by Microsoft at USD 90.19 B – a 29% rise.
Fast food chain McDonald's ranked next at USD 85.71 B, followed by Coca-Cola USD 80.68 B, it said.
Brand value is calculated on the basis of the firms' financial performance and their standing among consumers.
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
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