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VANRATH Tech Roundup - 21st October 2022

  • Publish Date: Posted about 2 months ago

VANRATH rounds up the trending tech news stories this week

Amazon could pay UK shoppers £900m compensation

Amazon shoppers in the UK could receive a share of £900m in compensation, once a legal claim is submitted against the technology giant.

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Microsoft 'cuts around 1,000 jobs' as big tech responds to tough global economy

Financial analysts expect the pace of job cuts to increase across big tech as the effects of surging inflation globally hurt appetite for big investments.

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SpaceX’s Starlink service is rolling out to private jets

Starlink plans to launch the service for aircraft next year, with Elon Musk claiming it will feel like ‘accessing internet at home’.

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Snap's slowing ad growth sends inflation fears through tech sector

Shares of Snap dropped 27% in after-hours trading on Wall Street last night

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IT spending set to stay strong despite global economic worries

Software spending will lead the way in 2023, Gartner says

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