Job Cuts in Tech Sector Spread Microsoft Lays Off 10000
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Ericsson will cut 1,200 jobs in Sweden
Ericsson announced on Monday that it will lay off about 1,200 employees in Sweden as the telecommunications company faces slowed demand for its 5G equipment.CNBC - Business -
Ericsson to lay off 1,200 employees in Sweden amid mobile markets’ slump
The Swedish telecoms company has said a slowdown in investment in mobile infrastructure will continue impacting its sales in 2024.MarketWatch - Business -
Pearl urges Auburn fans to lay off Baker-Mazara
Auburn coach Bruce Pearl still isn't happy with a call that led to the costly ejection of Chad Baker-Mazara in the opening round of the NCAA tournament, but he's urging fans to lay off his starting guard.ESPN - Sports -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.The Wall Street Journal - Business -
Ford to Lay Off 700 Workers as Electric F-150 Lightning Truck Sales Skid
Slowing electric vehicle sales prompt automaker to cut jobs, transfer some workers off its electric pickup truck line.Inc. - Business -
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 -
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 -
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 -
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes
The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.The Wall Street Journal - World -
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes
The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.The Wall Street Journal - Business -
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 -
Vodafone Germany cutting 2,000 jobs as part of savings programme
Yahoo News - World -
Microsoft launches new Azure AI tools to cut out LLM safety and reliability risks
Beyond working to block out safety and security-threatening prompt injection attacks, Microsoft has also introduced tooling to focus on the reliability of gen AI apps.VentureBeat - Tech - Microsoft -
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 -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Ericsson will cut around 1,200 jobs in Sweden as the telecom-equipment company adjusts to a lower-volume environment.
Ericsson will cut around 1,200 jobs in Sweden as the telecom-equipment company adjusts to a lower-volume environment.The Wall Street Journal - World -
Citi’s Jane Fraser tells employees to ‘believe’ while suggesting more job cuts
Fraser said that in the coming weeks, “this final phase of changes will affect the largest number of colleagues at any point during the reorganization.”MarketWatch - Business -
'That Girl Lay Lay' creator's wife announces end of series after David A. Arnold's death
'That Girl Lay Lay' has ended production at Nickelodeon two years after the death of showrunner David A. Arnold, his wife announced emotionally on social media.Los Angeles Times - Entertainment -
Microsoft Is Working On Xbox Handheld Prototypes - Report
They might not see the light of day, but Microsoft is reportedly tinkering away on Xbox handheld prototypes behind closed doors. They're thought to be constructed with Steam Deck as the competition in mind--instead of something similar to ...GameSpot - Tech - Microsoft -
How the Apple and Microsoft Antitrust Cases Compare
Prosecutors compare their new fight against Apple to the seminal case against Windows in the 1990s.The New York Times - Business - Microsoft -
Advance of Islamic State affiliates ‘could lay ground for new wave of terrorism’
IS has stalled in Iraq and Syria but officials believe it has been planning new attacks on west for years. Islamic State (IS) remains defeated in its core strongholds of the Middle East but has made significant progress in Africa and parts of ...The Guardian - World -
Keeping Migrants on the Job
The White House can let more asylum seekers keep work permits.The Wall Street Journal - World -
Brussels blasts Big Tech
Also in this newsletter: UN Security Council calls for ceasefire in Gaza, UK accuses China of cyber attacks, neurodiversity in the workplaceFinancial Times - World -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
China’s solar billionaire feels the heat as sector faces upheaval
Longi founder Li Zhenguo is laying off thousands of staff in an industry grappling with oversupplyFinancial Times - Business - China -
UK mobile merger must ring in changes for troubled sector
Fierce competition has hammered the market’s economicsFinancial Times - World - United Kingdom -
This was a hot and promising sector for 2024. That’s over, says one strategist. For now.
Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.MarketWatch - Business -
Wars in Ukraine and Middle East boost orders at German defence supplier
Tank-parts maker Renk’s share price has almost doubled since its listing in FebruaryFinancial Times - World - Ukraine -
Rise in AI Fraud Spurs Government-Financial Sector Cooperation to Protect Against It
A Treasury Department survey of banking and finance companies finds solutions for battling AI-enhanced scammers, opening new opportunities for tech businesses.Inc. - Business -
Ghost of Microsoft Stalks Apple as DOJ Takes Its Shot
Bill Gates has said his legal battle distracted him from the rise of mobile.The Wall Street Journal - Business - Microsoft -
Apple Faces Legal Protest From Meta, Microsoft, X, Spotify and Match
Five tech companies object to Apple’s new app store policies related to payment for services.The Wall Street Journal - Tech - Apple -
Spyro Developer Toys For Bob's Next Game Will Reportedly Be Funded By Microsoft
Newly independent studio Toys for Bob has reportedly reached a deal with Microsoft to fund its next title. The developer, which in recent years was utilized as a Call of Duty support studio, was originally absorbed alongside several other studios ...GameSpot - Tech - Microsoft -
Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface
Microsoft said Monday it has selected company veteran Pavan Davuluri to run its groups working on the Windows operating system and Surface devices.CNBC - Business - Microsoft -
Microsoft is already bigger than Apple, but its ‘iPhone moment’ could be coming
Wedbush is excited about the potential for AI to give a big boost to Microsoft’s cloud business.MarketWatch - Business - Microsoft -
Microsoft Hires DeepMind Co-Founder to Run Consumer A.I.
Mustafa Suleyman is leaving a start-up called Inflection to take the senior position with Microsoft.The New York Times - Tech - Microsoft -
Intel Agrees With Microsoft: Your Next PC Will Be Jam-Packed With AI
The chipmaking giantis even wooing small developers to get on the AI train by offering a program that includes an AI PC and training.Inc. - Business -
A vocal revolt: MSNBC personalities object to NBC News' hiring of Ronna McDaniel as a contributor
Hosts across MSNBC's airwaves are following Chuck Todd in publicly criticizing their network for hiring former Republican National Committee chief Ronna McDaniel as a paid contributorABC News - Entertainment -
Who killed Marielle Franco? Arrests lay bare nexus of politicians, police and paramilitaries
Brazilians shocked to find the man charged with investigating the city councillor’s assassination was one of its alleged engineers. More than a decade has passed since Rio’s homicide chief sat down for an interview with the city’s bestselling ...The Guardian - World