Roundup – Intel to slash thousands of jobs; Amazon to inject over €1bn in European EV fleet

Amazon to inject over €1 billion in European EV fleet

Amazon is set to plough more than €1 billion to treble the size of its electric vehicle fleet in Europe by 2025.

The ecommerce giant said the funding will go towards electric vans, trucks and low-emission package hubs in an attempt to achieve net-zero carbon. Amazon added that the investment is also intended to spur innovation across the transportation industry, encouraging more public charging infrastructure for electric vehicles (EVs).

https://www.proactiveinvestors.co.uk/companies/news/994874/amazon-com-plans-to-invest-over-1-billion-euros-in-european-electric-van-truck-fleet-994874.html

India to press Apple and Samsung for faster 5G software upgrades

The Indian government including top bureaucrats from India’s telecoms and IT departments will chair a meeting on Wednesday to press Apple, Samsung and other mobile phone manufactures to roll out software upgrades to support 5G in the country. Prime Minister Narendra Modi oversaw the launch of 5G services on 1 October but Apple’s iPhone models and many of Samsung’s premier phones do not run software compatible for supporting 5G in India, according to three industry sources. Indian telecom operator Bharti Airtel said on its website on Tuesday: “Apple yet to update software” for all of Apple iPhones’ 12 to 14 models under its 5G compatible section. Smartphone executives from Apple and Samsung will be present at the meeting.

https://www.lse.co.uk/news/india-to-press-apple-samsung-for-faster-5g-software-upgrades-in-phones-qv5x5vxnlim0vzz.html

Twitter reviews permanent user ban policies

Twitter is currently reviewing its policies around permanently banning users, according to the Financial Times. This may align with Elon Musk’s plans for the social media giant after the Tesla mogul agreed to proceed with his proposed $44 billion purchase last week. The platform is currently observing areas where it may have been “heavy handed” in cutting off users from its services for “lesser offences”, such as sharing misleading information. The review apparently began months ago and has not yet reached any conclusions.

https://www.silicon.co.uk/e-management/social-laws/twitter-reviews-permanent-user-ban-policies-report-480187

Intel plans to slice thousands of jobs

According to publication Bloomberg, chipmaker Intel is majorly reducing its workforce, “likely” numbering in the thousands. The layoffs will begin this month and some of Intel’s teams could see cuts affecting about 20% of staff. Chipmakers are under pressure from decades-high inflation and the Ukraine conflict leading to supply-chain strains, as well as the reopening of offices and schools seeing people spend less on PCs then they did during the pandemic. Intel declined to comment on the job cuts.

https://money.usnews.com/investing/news/articles/2022-10-11/intel-plans-to-cut-thousands-of-jobs-in-face-of-pc-slowdown-bloomberg-news