Being in the better parts of the last 12 months many tech stocks and companies have been in a tailspin. This is the main factor behind the reduction in the workforces of numerous start-ups and companies in the tech sector after the pandemic years.

Meta, twitter and amazon saw mass lay-offs where amazon tops the list with 18,000 lay off employees globally. Again, in January 2023, Microsoft announced of reducing its workforce by about ten thousand. Then alphabet also announced 12,000 jobs cut off. According to the reports, winter months have seen a greater number of heavy lay offs at the start ups and the tech companies.

Again, as per the data, in November 2022, more than 50, 000 techies were laid off in global scenario. Amazon let go of…

The most expensive internet blockage of 2022 is caused by Russia, by blocking and controlling the access to social media and outlets of news. The economic cost of the internet service puts the country at $21.6 billion. The large number of people are affected by the price tags since the blockages are country-wide.

The restriction over the internet moves Russia to the second rank in the list ahead of Iran. According to the reports, 72 million people got affected by the shutdown of internet at an economic cost of $773 million. Kazakhstan is at third rank after the internet shutdowns by following early 2022 protests regarding the fuel prices over the $400 million economic damage.

In 2022, Myanmar is the country to witness internet shut down…

The withdrawal process of Britain from United Kingdom is regarded as Brexit. A final solution has been levied upon to the problem of the movement of goods and services between the European single market and the united kingdom through northern Ireland.

With recent meeting between the president of the European Commission Ursula von der Leyen and UK prime minister Rishi Sunak, Windsor Framework, the new framework looks set to go through with less friction.

The new Windsor Framework gives assurance about the significantly smoother trade within the UK’s internal market. The focus area was the northern Irish imports of goods from Great Britain. According to the reports, customs processes are supposed to be reduced drastically and considerably.…

The internet shutdown happened for the next year in a row, and the global number rose again in the second year, 2023. According to the newly released reports, the total number of shutdowns in 2022 is 187. Out of this, 84 shutdowns happened in India.

According to the reports, in 2020, the number of internet shutdowns dipped. The reasons behind the fall in internet shutdowns are the governments use internet shutdowns connecting with the curbing protests and dissent. The pandemic caused these events to happen less as stay-at-home orders and limits on mass gatherings were issued.

Since the time reporting has initiated in 2016, it reached the number 213 in 2019. But the same year, India saw the highest number of internet shutdowns- 121. In…

Meta is currently investing much money in the virtual reality in comparison to other companies in the world. Mark Zuckerberg is already trying to pursue his vision of revolutionizing the world of entertainment industry and work with the Metaverse. According to the data, in 2022 more than $25 billion got into Meta’s research and development department.

The reports reveal that Meta has generated an amount of $5.2 billion dollars with the hardware with an impressive market share of 75 percent. The market dominance of Oculus Quest 2 has been reflected through Californian company’s investments. Sony PlayStation is the closest competitor on the basis of sales, and 6.6 million headsets have also been sold worldwide. In contrast to Oculus Quest…

Sandvine revealed that web applications are responsible for the world's most downstream internet traffic. Netflix, with its popularity, accounts for the most megabytes with 14.9 percent. According to the reports, there were 1.3 billion online video subscriptions towards the end of 2021. It accounts for 17 percent of all online video subscriptions worldwide.

In the second quarter of 2022, Netflix will have approximately 220 million global paid memberships. It is also the most significant premium video-on-demand service worldwide. Netflix claimed in 2022 that half of its subscribers watch the OTT platform on a mobile phone.

Reports have revealed that Netflix is responsible for 15 percent of global internet traffic, and its recommendation…

The healthcare sector's future is looking high-tech. Telemedicine has now become a reality. More technological trends will be witnessed further in 2023 in the healthcare sector.

According to the 2021 Future of Healthcare Report, over 50 percent of surveyed patients indicated they are more comfortable with a healthcare system based on telehealth. Thus, organizations and stakeholders should adopt new technologies and tools that promise more accurate care.

New technologies have influenced the healthcare system to get more upgraded with different features in various healthcare industry sub-sectors. Telepsychiatry and AR/VR offer innovative solutions for mental health services and medical education. Augmented Reality (AR) and Virtual Reality…

Recently, U.S. Food and Drug Administration (FDA) has released two proposed rules to end the sale of menthol cigarettes and flavoured cigars. The main reason behind ending the sales of flavoured cigars and menthol cigarettes is that it will help reduce tobacco product usage in youth, save lives, and reduce tobacco-related health diseases. Here, two of the five cigarettes sold in the country in 2020 are menthols.

Upon the release of new rules, products are to be removed within one year. According to the surveys, selling menthol cigarettes and flavoured cigars will promote health quality and help save lives.

A ballot initiative in the 2022 midterms was passed in California to ban flavoured tobacco products, including menthol cigarettes and…

A nation's fertility rate is the most used metric to measure the rate at which a nation's population increases or decreases, ranging from the most developed to the least developed countries. The fertility rate measures the average number of children women of childbearing age give birth to in the respective country.

The fertility rate is closely related to the birth rate, which counts the number of live births per 1000 people in a country yearly. It determines the replacement rate if the number of new citizens of a country born every year is higher or lesser than the number of citizens who are expiring. Population growth or shrinkage directly impacts a country's economic stability and development.

According to the reports, the current…

Americans according to their testimonies came to be known as the healthy eaters. According to the reports, 50 percent of the Americans claims to be actively trying to eat healthy. It is seen that; the healthy eating attitude is more prevalent among Baby Boomers with 58 percent. But it is much lower among the Gen Z with 44 percent only.

The centres for Disease Control and Prevention found out that fast food is regularly been consumed by more than 36 percent of Americans. It is to such an extent that on any day, 1 out of 3 American must be eating from fast food restaurants.

According to another survey, 46 percent of adults in the U.S. cost has become a barrier to eat healthy foods. Almost every American from the lot stated that they always…

In the global auto industry, autonomous driving comes first, following the acronym of ACES (Autonomous, Connected, Electrification, Shared). Still, it is supposed to trail behind other megatrends when it comes to market adoption.

The Indian company Tata Technology has worked on an autonomous car project for the global technology company and expects it to become mainstream by 2023. But it did not happen as of yet. Warren Harris, CEO and MD of Tata Technologies, says, "Even if Cruise and Waymo have autonomous taxis in San Francisco, we are an awful long way apart."

The main reason behind autonomous driving becoming mainstream is "just cost." Harris thinks the inflection point for the technology's adoption is up to 7 years away. Advanced…

Russia is still earning more than half a billion U.S. dollars from gas and oil sales per day according to the survey reports. Even if the U.S., the EU and other countries try to restrict Russia but in vain. The western nations are enforcing on Russian crude oil to a barrel of $30 and by ending all pipeline and LNG exports from Russia to the EU. The survey says that Russia’s daily earnings with fossil fuels may dip as low as $340 million in the upcoming future.

According to the reports, Russia’s earnings are below what the country was making earlier from fossil fuels on an average per day before Russia invaded Ukraine. Even if several nations have started to boycott Russian fossil fuels, the country is giving discounts to its remaining…

In Europe, every household is having faster internet speeds. It is known now as the most connected regions worldwide. The reason behind this achievement of Europe is penetration rate of mobile and household broadband across the continent.

According to the reports, in 2021, the home broadband rate in Europe was closed to penetration rate of 90.2 percent. It has jumped up from just above 70.6 percent in 2012. Also, the rapid growth of mobile broadband was also seen. The penetration rate for home broadband in the Europe was 70.6 percent in 2012. Now, the penetration rate for both the mobile and home broadband has become more than double that is 104 percent in 2021. It was 46.2 percent in 2012.

As per the survey, 70 percent of homes in the…

In a 2022 survey of 1000 accommodation professionals, European hoteliers have come out on top as the leading digital transformation topic on social media marketing in Europe. Every 3 in 5 European accommodations felt prepared for their digital transformation readiness.

By keeping track of the latest changes in technology and business methods. It allows to keep the system up to date and improve efficiency. Digital transformation also helps organizations identify new opportunities to enhance their business processes. It is all about we do business by changing how we live and do business. It involves four main areas: data, technology, people, and processes.

According to the reports, worldwide businesses will spend 3.4 trillion dollars on…