"Key Tech Updates: Acer’s Expansion, Musk’s X Outage, Honda’s New CEO, DHL Layoffs, FAIITA Leadership, and YouTube Premium’s Growth"

In this week's tech roundup, Acer continues its retail growth with its 250th store opening, while Musk’s X faces a major cyberattack outage. Honda announces a new CEO, Takashi Nakajima, and DHL cuts 8,000 jobs in a significant downsizing. FAIITA appoints Navin Gupta as president to enhance the IT ecosystem, and YouTube Premium reaches 125M subscribers with plans for global expansion.

1. Acer India’s Retail Boom Continues: 250th Store Set to Open in Nehru Place, Delhi

Acer India is proud to announce the grand opening of its 250th exclusive retail store at the Asia’s largest IT market Nehru Place, New Delhi. This significant milestone underscores Acer’s commitment to expanding its retail presence and enhancing customer accessibility to its cutting-edge technology.

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2. Musk’s X Suffers Outage Amid Claims Of “Massive Cyberattack” By Dark Storm Team

Elon Musk’s social media platform X experienced multiple outages globally on Monday, March 10, with thousands of users reportedly facing issues accessing the app. Musk acknowledged the disruption to a 'massive cyberattack' in a post on X, suggesting that significant resources or even a country could be involved. He also assured users that efforts are underway to trace the source of the incident.

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3. Honda Cars Appoints Takashi Nakajima As Its New President And CEO

Honda Cars India Ltd. has appointed Takashi Nakajima as its new President and CEO, effective from 1st April 2025, as part of a strategic management change aimed at strengthening the company’s position in the India market. Takashi brings extensive global experience and is expected to expand the Honda market in the Indian automobile landscape by steering Honda’s ambitious initiatives for future growth.

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4. DHL Slashes 8,000 Jobs In Biggest String Of Layoffs In Decades

German postal company DHL plans to cut 8,000 jobs in Germany this year, marking its largest workforce reduction in over two decades. The move comes in response to declining letter volumes and stringent regulations, as the company aims to balance its finances and maintain profitability amid encountering various challenges. DHL stated that it has around 600,000 employees worldwide, operating in over 220 countries and territories.

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5. FAIITA Welcomes Navin Gupta as President to Strengthen IT Ecosystem

The Federation of All India IT Associations (FAIITA), the apex body representing the IT trade community in India, has announced its newly elected leadership team for the 2025-27 term.

The team, led by newly appointed President Mr. Navin Gupta from Patna (Krishna Agencies), is committed to fostering growth, collaboration, and innovation within India’s IT channel ecosystem. With a strong vision and mission, FAIITA aims to address key industry challenges, advocate for fair trade policies, and support IT dealers and distributors at every level.

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6. YouTube Premium Surpasses Milestone 125M Subscribers And Plans For Global Expansion

This week, YouTube achieved a major landmark as its premium subscription service surpassed 125 million subscribers worldwide. The milestone highlights YouTube’s deep connection with its users and underscores the platform’s commitment to constantly evolving to meet their growing needs. The YouTube Premium service offers ad-free streaming, offline and background video playback, and access to exclusive content via YouTube Music and Premium on payment-based subscriptions.

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