Topic: strategic realignment
-
Fi Shuts Down Banking Services, Shifts Focus
Fi is discontinuing its core banking services, directing customers to access their Federal Bank savings accounts directly through the bank's own app, while assuring all funds remain secure and accessible. The well-funded neobank, which served millions, is pivoting its core business away from cons...
Read More » -
Xbox Layoffs June 2025: Job Cuts, Studio Closures & Game Cancellations
Microsoft’s Xbox division announced major layoffs, studio closures, and project cancellations, marking its fourth round of job cuts in under two years amid industry challenges. High-profile projects like Rare’s "Everwild" and The Initiative’s "Perfect Dark" reboot were canceled, alongside smaller...
Read More » -
Amazon & Stellantis Scrap SmartCockpit Digital Project
Amazon and Stellantis have ended their collaboration on the STLA SmartCockpit digital platform, discontinuing their joint in-car technology project. The partnership initially included AWS as Stellantis' cloud provider and Amazon's purchase of Ram ProMaster EVs, but the SmartCockpit softwa...
Read More »