Tag: Cloud storage

Dropbox, the leading cloud-based storage and collaboration platform, announces layoffs of 500 global staff members, reducing workforce by 16 percent. With incoming 'AI era' of computing and due to impacts of Covid-19, CEO and co-founder, Drew Houston, stated that the company is taking steps to remain ahead of the curve and remain competitive in a rapidly changing environment. Results of this measure, estimated to incur costs between $37-($42 million) will be included in their upcoming Q1 results, reported on Thursday, May 4th.

Stay up-to-date with the latest news and exclusive articles from around the world. Get exclusive interviews, videos and reports, and insights into the current happenings in sectors with LatestLY. On Tuesday, Delhi Chief Minister Arvind Kejriwal launched a new cloud-based portal with 180 websites of 50 government departments. This technology uses Artificial Intelligence services, allowing for improved user experience, faster loading times, and no crashing. The IT Minister states this move as a significant step towards user-friendly services.