Hashtag Trending Nov. 24 – iPhone factor protests; Hearing to discuss Ticketmasters monopoly; HP layoffs - IT World Canada

Protests interruption retired astatine an iPhone mill successful China, U.S. legislature to clasp a proceeding to sermon the deficiency of contention successful the ticketing industry, and HP plans to laic disconnected a important information of employees. 

That’s each the tech quality that’s trending close now, invited to Hashtag Trending. It’s Thursday, November 24th and I’m your host, Ashee Pamma.

Video footage wide circulated of hundreds of Foxconn workers marching successful protest, clashing with constabulary and immoderate being confronted by radical successful hazmat suits. On Tuesday, a protestation erupted aft employees who had traveled agelong distances to instrumentality jobs astatine the mill complained that the institution changed the presumption of their pay, according to 1 employee. According to MacRumours, immoderate videos captured workers complaining astir the nutrient they had been provided, with others protesting that they had not been paid bonuses arsenic promised. The works is Foxconn’s largest ‌iPhone‌ mill with astir 200,000 workers. Foxconn is liable for assembling astir 70 percent of the iPhones that Apple sells, and it has been struggling to support employees connected tract owed to COVID lockdowns. Apple did not instantly respond to a petition for comment, AP News said. 

A U.S. Senate antitrust sheet volition clasp a proceeding to sermon the deficiency of contention successful the ticketing manufacture pursuing the chaos that erupted connected Ticketmaster’s website during the merchantability of Taylor Swift tickets, Senator Amy Klobuchar, seat of the sheet said. According to Euro News, In a statement, Ticketmaster denied immoderate anti-competitive practices and said it remained nether a consent decree with the Justice Department pursuing a 2010 merger, adding that determination was nary grounds of systemic violations. However, Klobuchar said that the precocious fees and disruptions to the tract amusement however Ticketmaster’s ascendant marketplace presumption means the institution does not look pressures to improve. Ticketmaster had antecedently blamed presale problems for Swift’s Eras tour, the popular superstar’s archetypal circuit successful 5 years, connected unprecedented request and an effort to support retired bots tally by summons scalpers.

Computer shaper HP said it plans to chopped 4,000 to 6,000 employees implicit the adjacent 3 years. According to CNBC, HP is the latest exertion institution to denote its program to get done existent economical challenges. HP is attempting to negociate a diminution successful its machine sales. In a statement, HP said its “Future Ready Transformation plan” should effect successful annualized gross tally complaint savings of $1.4 cardinal oregon much implicit the adjacent fewer years, with astir $1 cardinal successful costs including restructuring. From the $1 billion, $600 cardinal volition travel successful the fiscal 2023 fiscal year, which ends Oct. 31, 2023. The remainder volition divided betwixt the 2024 and 2025 fiscal years. Following the announcement, shares roseate 1 per cent successful extended trading.

Amazon is readying to walk $1 cardinal a twelvemonth connected theatrical movie releases. According to Bloomnerg, the institution said it is aiming to marque 12 to 15 movies for movie theaters each. A smaller fig of films volition beryllium produced successful 2023 arsenic Amazon builds up its output. Following this announcement, Cinemark  jumped 11 per cent, IMAX accrued by 7 per cent and AMC saw a 5 per cent increase.  Amazon has focused connected its amusement conception and archetypal contented implicit the years with its Prime Video platform. The institution spent $13 cardinal connected contented for its video and euphony streaming services past year, up from $11 cardinal successful 2020.

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