Ukraine ’ s IT army in a cyber war with Moscow
The Ukrainian ‘ IT Army ’ – a volunteer group of around 200,000 people – are actively engaged in a cyber conflict with Moscow .
Firms from Western Europe , North America , and Asia have moved to the Ukraine in recent times to tap into a large pool of technical talent on the eastern border of the European Union .
Before the conflict , there were 285,000 IT professionals in the country , according to the IT Ukraine Association .
Having produced several homegrown tech unicorns in the country – including DevOps platform GitLab and typing assistant company Grammarly – it remains to be seen how long-term the effects will be on Ukraine ’ s technology professionals and the industry as a whole . But as of now , many of these IT professionals are engaged in a battle for their own independence and way of life .
� TWITTER The social media company reported a first-quarter revenue of US $ 1.2bn , just days after agreeing to a US $ 44bn sale to Tesla billionaire Elon Musk .
� DRIVERLESS CARS
– UK Users of self-driving cars will not be responsible for crashes and will be allowed to watch TV while behind the wheel under proposed changes to the Highway Code .
� NASDAQ COMPOSITE
INDEX Shares in both the US and Asia have fallen due to fears about the impact of lockdowns in China on global economic growth . The technology-heavy index recently closed at its lowest level since late 2020 .
� NETFLIX US $ 50bn was wiped off the stock market value of streaming giant Netflix after it revealed a sharp fall in subscribers , with many citing rising energy and food prices .
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