Chinese Food Delivery Firm Meituan Plans to Hire 10000 Workers As Us Tech Giants Ax Jobs
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Hire factcheckers to fight election fake news, EU tells tech firms
Parliamentary elections thought vulnerable to fake news will test social media firms and bloc’s new DSA laws. Social media firms including TikTok, X, Facebook and Instagram will be required to put an army of factcheckers and moderators in place ...The Guardian - World - European Union -
Justice Department sues Apple and alleges the tech giant has maintained an illegal monopoly on smartphones in the US
Justice Department sues Apple and alleges the tech giant has maintained an illegal monopoly on smartphones in the USABC News - Tech -
The EU’s giant experiment in tech micromanagement
New Digital Markets Act will be a test case for how far regulators can dictate design of products and servicesFinancial Times - Business -
BYD: Chinese electric vehicle giant with surging profits
Yahoo News - World -
Suicide Bomber Kills 5 Chinese Workers in Pakistan
The assault comes amid a spate of terror attacks in Pakistan, as the country’s faltering ties to the Taliban affect regional security.The New York Times - World - Pakistan -
Are Chinese Tech Stocks Value Plays Now?
Investors are excited about U.S. artificial intelligence, less so about cash-generating Chinese tech. That might—eventually—create some opportunities.The Wall Street Journal - World - China -
California Restaurants Cut Jobs as Fast-Food Wages Set to Rise
Chains lay off workers and shave hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.The Wall Street Journal - World - California -
California Restaurants Cut Jobs as Fast-Food Wages Set to Rise
Chains lay off workers and shave hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.The Wall Street Journal - Business - California -
Baltimore bridge worker deaths highlight dangers of essential jobs
The presumed deaths of six road workers on the Francis Scott Key Bridge in Baltimore are shining a spotlight on the risks associated with essential jobs, especially for low-income and immigrant workers. A construction crew of eight men was on-site ...The Hill - Politics -
U.S. Sues Apple, Alleges Tech Giant Exploits Illegal Monopoly
The Justice Department says iPhone maker leveraged its dominance to block software and limit functionality of competing devices.The Wall Street Journal - Tech -
U.S. hits Apple with antitrust suit, accusing tech giant of stifling competition
The Justice Department said Apple illegally engaged in anti-competitive behavior in an effort to build a "moat around its smartphone monopoly."CBS News - Politics - Apple -
EU probes U.S. tech giants over compliance with new digital law
European Union regulators have opened investigations into Apple, Google and Meta under a new law designed to stop tech companies cornering digital markets.CBS News - World - European Union -
Apple Lawsuits: A Look at the Many Challenges Facing the Tech Giant
The Justice Department’s lawsuit against Apple is the latest in a series of regulatory actions that are hitting the tech giant at the same time.The New York Times - Tech - Apple -
Meet the fastest growing ETF firms in the US
Actively managed fund offerings are helping managers outside the Big Three to gain assets rapidlyFinancial Times - World -
Antarctica's 'Penguin Post Office' is hiring for one of most unique jobs on the planet
Yahoo News - World -
Kenny Brooks leaves Virginia Tech for Kentucky job in stunning end of era
Within a couple of weeks, Virginia Tech's Final Four hopes dropped because of Elizabeth Kitley's injury and Brooks exited for the SEC.Yahoo Sports - Sports -
Scientists working on AI tech to match dogs to jobs and owners
Researchers in London are developing an AI tool to sort dogs into 5 categories, in a bid to match pooches with their perfect owners.CBS News - World -
Fired Americans Say Indian Firm Gave Their Jobs to H-1B Visa Holders
A group of experienced American workers said Tata Consultancy Services illegally discriminated against them based on their race and age.The Wall Street Journal - Business -
California Fast Food Workers Hit With Layoffs Ahead of Law Raising Minimum Wage to $20 an Hour
As an April 1 deadline to raise hourly wages by 20 percent nears, fast-food businesses across the state cut staff levels to reduce costs.Inc. - Business - California -
Remote workers who switch to in-office jobs are boosting their pay by as much as 30%, says new research
Wage increases for in-person jobs coincide with more companies cracking down on enforcing their return-to-office mandates.CNBC - Business -
Google to IBM: How big tech giants are embracing Nvidia’s new hardware and software services
Nvidia shared how it is evolving its work with several industry giants by taking its newly announced AI computing infrastructure, software and services to their tech stack.VentureBeat - Tech - Google -
Tech giants grapple with ballooning software supply chain risk, JFrog report reveals
JFrog's Software Supply Chain State of the Union 2024 report reveals ballooning risks, misleading vulnerability scores, and the challenges of AI in coding, urging organizations to prioritize comprehensive security solutions and proactive measures ...VentureBeat - Tech -
Amazon and other tech giants can’t afford to lose power — so they’re making it
Traditional utilities are no match for upstart rivals seeking fast growth.MarketWatch - Business -
Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
Fund manager projects Fed will cut interest rates more slowly than other central banksFinancial Times - Business -
BBC develops AI plans and talks to Big Tech over archives access
UK broadcaster seeks to build artificial intelligence models and negotiates with companies on content dealFinancial Times - Business -
Labour donor Dale Vince ordered to inform wife of future party funding
Ecotricity founder was told by High Court to provide notice of donations in divorce proceedingsFinancial Times - Business -
A Lloyd’s of London revival will require more nimble regulation
There is still a fragility to the recent success of the world’s oldest insurance marketFinancial Times - Business -
Applications for US unemployment benefits dip to 210,000 in strong job market
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job securityABC News - Top stories -
US steel unions urge Biden to open probe into Chinese shipbuilding
President expected to back trade investigation as industry becomes 2024 election issueFinancial Times - Business - Joe Biden -
Millions of Americans caught up in Chinese hacking plot - US
Seven Chinese men have been charged over a "sinister" hacking plot, the justice department says.BBC News - Top stories -
US sanctions Chinese hackers accused of targeting critical infrastructure
The Biden administration sanctioned two Chinese nationals and a Wuhan-based company Monday that allegedly targeted critical infrastructure sectors in the U.S. as part of an expansive hacking effort. The Treasury Department levied sanctions against ...The Hill - Politics -
US and UK unveil sanctions against Chinese state-backed hackers over alleged ‘malicious’ attacks
The US alleges the individuals were working as a front for Beijing in an indictment and sanctions announcement. China cyber-attacks explained: who is behind the hacking operation against the US and UK?Hackers backed by China’s government spy ...The Guardian - World - United Kingdom -
Charge of £90 to clear problem debt axed for poorest
Charities had warned some people struggling with debt could not afford to apply to clear it.BBC News - Top stories -
Want to Know if AI Will Take Your Job? I Tried Using It to Replace Myself
The “Cognitive Revolution” will automate tasks done by hundreds of millions of workers. The best way to understand which of us will go first is direct experience with AI.The Wall Street Journal - Tech -
FirstFT: US and Japan plan upgrade to security alliance
Also in today’s newsletter, Moscow attack suspects appear in court and corporate insiders sell company sharesFinancial Times - World - Japan -
China reportedly seeks to block Intel, AMD and Microsoft tech from being used in government computers
Beijing has introduced new procurement guidelines that seek to promote use of Chinese techMarketWatch - Business - China -
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Chinese leader Xi Jinping has called for closer trade ties with the U.S. during a meeting with top American business leaders in BeijingABC News - World - China -
US and UK go after Chinese hackers accused of state-backed operation against politicians, dissidents
Hackers linked to the Chinese government launched a sweeping, state-backed operation that targeted U.S. officials, journalists, corporations, pro-democracy activists and the U.K.’s election watchdogABC News - Tech - United Kingdom -
Former RNC chair Ronna McDaniel axed by NBC after intense backlash
Severe criticism followed hiring as pundit of McDaniel, who headed Republican National Committee during Trump years. The former Republican National Committee chair Ronna McDaniel is on her way out of NBC less than a week after joining the network, ...The Guardian - World -
Girl, 10, left inoperable after surgery axed seven times
The curvature of Eva Tennent's spine is now so severe that mum Jill Lockhart fears she will not survive.BBC News - Top stories