Tech Industry Job Cuts Come Rapidly and in Big Numbers
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Conservatives are misguided in embracing big government industrial policy
Manufacturing matters. But industrial policy of the type pushed by Rubio has failed and will continue to fail.The Hill - Politics -
Shipping industry turns to high-tech wings for faster decarbonisation
SGS expects to be able to cut vessels’ fuel consumption by up to 30 per cent with its wind-sail technologyFinancial Times - Business -
Africa-focused fund draws early investors to tech industry
TLcom Capital doubles previous amount to raise $154mn for continent’s start-ups in a move that could help ease sector gloomFinancial Times - World -
Big Tech Leads Market Rally Ahead of Earnings
Investors breathed a sigh of relief as Treasurys and oil prices stabilized.The Wall Street Journal - World -
Pendragon owner to cut hundreds of jobs in used car overhaul
New owner of UK dealerships will close second hand marketplace following pandemic-era slump in supplyFinancial Times - Business -
Tesla cutting around 2,700 jobs in Austin as part of broad restructuring
Tesla is eliminating about 12% of its workforce at a factory in Austin, Texas, where the electric vehicle company is headquartered.CNBC - Business - Tesla -
Lumen looks to lower costs through job cuts as cash concerns continue
Faced with growth and cash challenges, Lumen Technologies is looking to cut expenses by reducing its headcount.MarketWatch - Business -
Big Tech Faces Earnings Test After Market Rout
The Magnificent Seven stocks lost nearly $1 trillion in combined market value last week, increasing pressure on the group to deliver.The Wall Street Journal - World -
CoStar pays big premium to buy tech company that creates virtual showings
Matterport’s stock skyrocketed Monday, after the provider of 3D “digital twins” of real estate properties agreed to be acquired by online real estate marketplace CoStar Group Inc. in a deal valued at $1.6 billion.MarketWatch - Business -
Technology stocks show signs of ‘breaking down’ ahead of Big Tech earnings
Technology stocks are broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has deepened significantly, according to Bespoke Investment Group.MarketWatch - Business -
Big Tech Faces Earnings Test After Market Rout
The Magnificent Seven stocks lost nearly $1 trillion in combined market value last week, increasing pressure on the group to deliver.The Wall Street Journal - World -
The big tech firms want an AI monopoly – but the UK watchdog can bring them to heel | John Naughton
Microsoft, Meta and Google are snapping up small players in the burgeoning industry – but the Competition and Markets Authority is demanding fair play. “Monopoly,” said Peter Thiel, Silicon Valley’s answer to Darth Vader, “is the condition of ...The Guardian - World - United Kingdom -
Google fires 28 workers in aftermath of protests over big tech deal with Israeli government
Google has fired 28 employees in the aftermath of protests over technology that the internet company is supplying the Israeli government amid the Gaza war, further escalating tensions surrounding a hot-button dealABC News - Tech - Google -
Earth Day: By the numbers
Monday, April 22, is Earth Day, when we celebrate our world and support protection of the environment. "Sunday Morning" looks at some facts about our changing planet.CBS News - Top stories -
Earth Day: By the numbers
Monday, April 22, is Earth Day, when we celebrate our world and support protection of the environment. "Sunday Morning" looks at some facts about our changing planet.CBS News - World -
Prepayment meter payout numbers unacceptable, says minister
Just 1,500 out of 150,000 people have received redress after the force-fitting of prepayment meters.BBC News - Top stories -
Netflix to stop reporting quarterly subscriber numbers in 2025
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.CBS News - Entertainment - Netflix -
Number of U.S. measles cases continues to rise
At least 125 measles cases have been reported across 17 states so far this year, according to the Centers for Disease Control and Prevention. That's more cases reported this year than in all of 2022, the most recent peak. CBS News' Nicole Sganga ...CBS News - Top stories -
Russian Bombardment Crushes Ukraine’s Industrial Base
The assaults have all but destroyed the factories and plants that were the economic lifeblood of the towns and cities in Ukraine’s east.The New York Times - Top stories - Russia -
Russian Bombardment Crushes Ukraine’s Industrial Base
The assaults have all but destroyed the factories and plants that were the economic lifeblood of the towns and cities in Ukraine’s east.The New York Times - World - Russia -
Chinese Exports Are Threatening Biden’s Industrial Agenda
The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.The New York Times - Business - Joe Biden -
An Industry Veteran Drew on Family History to Create a Brand
Neil Duckworth designs watches that have a distinctly vintage feel at a price “I would spend myself.”The New York Times - Lifestyle -
The Papers: Arms industry on 'war footing' and Channel tragedy
Rishi Sunak's defence spending pledge and the deaths of people on a migrant boat lead the papers.BBC News - Top stories -
Forecasting the draft: What our model says about QB picks and surprise first-rounders
When will Jayden Daniels and Drake Maye go? How about the top receivers? We answer those questions.ESPN - Sports - NFL -
Growing number of demonstrations on college campuses over war in Gaza
Demonstrations have spread to campuses across the country with pro-Palestinian supporters angry over Israel’s war in Gaza and many Jewish students expressing fear after incidents of antisemitism.CBS News - Top stories -
Runaway cavalry horses were spooked by noise and bolted, Army says
Several soldiers and horses are injured after the animals bolted near Buckingham Palace and raced through London.BBC News - Top stories -
Matthew Slater gets full-time job with Patriots
Matthew Slater has clocked out, but he's not leaving.Yahoo Sports - Sports -
FTC Bans Noncompete Agreements That Restrict Job Switching
The move sets up a high-stakes legal clash with business groups over the agency’s power.The Wall Street Journal - World -
FTC Bans Noncompete Agreements That Restrict Job Switching
The move sets up a high-stakes legal clash with business groups over the agency’s power.The Wall Street Journal - World -
Barca: 'Embarrassing' LaLiga lacks goal-line tech
Barcelona goalkeeper Marc-Andre ter Stegen and manager Xavi Hernandez slammed the "embarrassing" lack of goal-line technology in Spain after a 3-2 loss to Real Madrid on Sunday.ESPN - Sports -
New claims that smart motorway tech puts drivers at risk
Figures obtained by the BBC reveal worries about the reliability of the tech behind smart motorways.BBC News - Top stories -
Can touchless tech create 'equitable' gaming?
Click reporter Paul Carter has a go at playing Minecraft with his eyes.BBC News - Top stories -
U.S. Stocks Rise As Tech Leads Rebound
Technology shares drove broad gains to kick off a busy week of earnings and economic data.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Gain insight UPS, Thomson Reuters, Universal Music Group, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
China’s ageing tech workers hit by ‘curse of 35’
Discrimination against older employees particularly apparent in sector where executives openly state preference for youthFinancial Times - Business - China -
Noncompetes Are Dead—and Tech Workers Are Free to Roam
A new rule from the US Federal Trade Commission invalidates most noncompete agreements, frequently used to bind tech workers. It could unlock higher wages and more entrepreneurship and innovation.Wired - Tech -
Another legal loss for the NRA — and another warning sign for the gun industry
Gun company executives now face a critical choice: Double down on their strategy of putting profits over public safety, or read the room and start taking basic steps to stop the carnage.The Hill - Politics -
Exxon leads industry fight against UN plans to limit plastic
Petrochemical companies oppose global agreement that would cut production to curb pollutionFinancial Times - Business - United Nations -
German industry urges market reforms at start of Hanover Fair
Yahoo News - World - Germany -
Oracle is moving its world headquarters to Nashville to be closer to health-care industry
Oracle is moving its world headquarters to Nashville, according to Larry Ellison.CNBC - Business