Uber slashes 3,300 jobs and exits Nigeria and Uganda

Uber slashes 3,300 jobs and exits Nigeria and Uganda

Uber Technologies is cutting approximately 3,300 corporate jobs, roughly 10 percent of its global workforce, as part of a sweeping operational restructuring designed to flatten management hierarchies and concentrate capital on ride-hailing, delivery, and autonomous vehicles. The retrenchment slashes management roles by 20 percent and reduces overall headcount to under 30,000, returning staffing to levels…

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Drones help nab smash-and-grab suspects

Drones help nab smash-and-grab suspects

The Cape Town intelligence-led drone operation resulted in the arrest of smash-and-grab suspects. Drone surveillance technology has led to the arrest of five suspects linked to multiple smash-and-grab incidents in Elsies River, Cape Town. This, after the city’s law enforcement and metro police departments conducted an intelligence-led operation, following a spate of smash-and-grab incidents in…

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Is climate change reshaping life insurance?

Is climate change reshaping life insurance?

Climate change could cause life insurers to rethink how they assess and price risk. According to the World Health Organisation, climate change contributes to humanitarian emergencies, from heatwaves and wildfires to floods and tropical storms. In recent years, these events have become more frequent, more intense and increasingly severe. Research shows that 3.6 billion people…

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Acer unveils repair-focused Vero 16 and new Swift laptops

Acer unveils repair-focused Vero 16 and new Swift laptops

Acer has announced the Vero 16, a sustainability-focused laptop engineered to simplify hardware maintenance, repairs, and component upgrades. The notebook features removable port covers, a detachable external hinge, and a toolless bottom latch mechanism, alongside exterior chassis engravings that clearly mark internal motherboard and battery locations. Constructed from a MIL-STD-810H certified low-carbon aluminium chassis, the…

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NetApp and AWS Accelerate Storage Migrations with AWS Transform

Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio

Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves…

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