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LinkedIn closes China service, cuts over 700 jobs

May 9, 2023 by e.vnexpress.net

Microsoft-owned LinkedIn was one of the few US technology companies to successfully operate a social media site in China, where the internet is heavily regulated and censored. The company had introduced a unique domestic version of the career networking platform operated locally in order to comply. In 2021, new sign-ups for the LinkedIn app in mainland China were suspended by the firm, which referenced a "significantly more challenging operating environment and greater compliance requirements in China". Microsoft then replaced it with a simplified version called InCareer, which allowed local professionals to continue to find and apply for jobs as well as stay connected with their network. "After careful consideration, we've made the decision to discontinue InCareer effective August 9, 2023," the platform said in a statement on Tuesday. "Despite our initial progress, InCareer faced fierce competition and a challenging macroeconomic climate, which ultimately led us to the … [Read more...] about LinkedIn closes China service, cuts over 700 jobs

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AI expected to ease burden of huge digital data for Vietnamese firms

May 20, 2023 by bizhub.vn

An IT man processes data. Thedigital data and customers have become the two most valuable assets of businesses in the digital transformation era. — Photo vinasa.org.vn Businesses are all carrying digital debt. The volume of data, emails and chats has outpaced their ability to process it all, according to the 2023 Work Trend Index report: “Will AI Fix Work?” newly released by Microsoft. The 2023 Work Trend Index surveyed 31,000 people across industries in 31 countries including Viet Nam as well as trillions of signals from emails, meetings, and chats across Microsoft 365, plus labour trends on LinkedIn. The data shows that the pace of work has accelerated faster than humans can keep up, and it’s impacting innovation. The report showed that every minute spent on managing this digital debt is a minute not spent on creative work. Specifically, 76 per cent of respondents in Viet Nam said they don't have enough time and energy to get things done – this rate is 64 per cent globally. … [Read more...] about AI expected to ease burden of huge digital data for Vietnamese firms

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