2 h. ago Japanese tech company Panasonic cuts 4% of its global workforce as profits falter

Panasonic says it will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, “lean” company," The Japanese manufacturer said Friday that the job cuts, amounting to about 4% of Panasonic's workers, will include early retirement offers in Japan and closures and consolidation of various operations

Economics

6 h. ago ‘Tone deaf’: US tech company responsible for global IT outage to cut jobs and use AI

CrowdStrike CEO announces 5% of workforce to be slashed globally, citing artificial intelligence efficiencies created in the businessThe cybersecurity company that became a household name after causing a massive global IT outage last year has announced it will cut 5% of its workforce in part due to “AI efficiency”.In a note to staff earlier this week, released in stock market filings in the US, CrowdStrike’s chief executive, George Kurtz, announced that 500 positions, or 5% of its workforce, would be cut globally, citing AI efficiencies created in the business. Continue reading...

Politics

5 d. ago The Thinking Machine by Stephen Witt: Forget Bill Gates and Mark Zuckerberg

Stephen Witt pulls back the curtain on Jensen Huang, the man in tech you have probably never heard of, and whose company is worth $3 trillion.

Politics

6 d. ago Championship relegation lurking for Stoke, Derby, Preston, Luton or Hull

Five teams fight to avoid joining Cardiff and Plymouth in dropping to League One on the season’s final dayIt is high season for engravers, a fertile few weeks for after-dinner speakers to make hay at elaborate end-of-season dos, but not every Championship team has something worth celebrating. Last Saturday, three hours after Cardiff’s players sank to the turf when the final whistle confirmed their relegation to the third tier, a division the club has not played in for 22 years, the squad slipped into suits for their annual black-tie awards night in a suite overlooking the same surface.At some point, Rubén Sellés, the Hull head coach, seemingly got wind of the jarring circumstances and cancelled his team’s bash, which had been scheduled for Tuesday, to prevent a similarly tone-deaf evening. Continue reading...

Politics

8 d. ago Woman demands job at tech company after 'proving' she has high IQ

A man has shared the bizarre way one woman tried to secure a job at his tech company - and it's safe to say, it didn't go down well with him or his colleagues

Politics

9 d. ago Three ways to help the developing world survive the end of aid | Winnie Byanyima

Wealthy nations are slashing funding for essential services such as the HIV/Aids response, but poorer countries cannot absorb the impact overnightCountries across the world are cutting aid budgets, abandoning the decades-old consensus that supporting health and development is both a moral duty and a strategic interest. But the end of aid cannot mean the end of global solidarity – because our global economy is stacked against low- and middle-income countries to such an extent that they simply cannot afford to respond to global crises alone.Developing countries are drowning in debt, facing interest rates up to 12 times higher than wealthy countries. When interest rates shot up after Russia’s invasion of Ukraine, the global south was worst hit. Low- and middle-income countries now pay $4 (£3) to the richest in the global north for every $1 they receive in aid. Thirty-four of Africa’s 54 countries spend more on debt than on healthcare. Continue reading...

Events

9 d. ago Beyonce shocks with 'tone deaf' Cowboy Carter stunt that left some fans calling for refunds

Beyonce has divided her fans after performing The Star-Spangled Banner at her Cowboy Carter tour.

Events

1 week ago Spain over the worst, investigating the causes and determined to prevent repeat of massive power blackout, PM says – Europe live

Spain and Portugal electricity services returning to normal after being hit by biggest power cut in recent European history Portuguese power network operator REN denied on Tuesday it was behind a message circulated on social media attributing the massive blackout across the Iberian peninsula to a rare atmospheric event, AFP reported.“REN confirms we did not put out this statement,” spokesperson Bruno Silva told AFP, without giving further details. Continue reading...

Events

1 week ago Spain power cut: Tennis star stuck in lift as outage wreaks havoc at Madrid Open

The Madrid Open was badly affected by a huge power outage and doubles world No. 62 Fernando Romboli was left stuck in a lift for around half and hour as a result

Politics

1 week ago Questions begin as Spain and Portugal recover from largest power cut in recent European history – Europe live

Spain and Portugal report power supplies almost back to normal after day of chaos across the Iberian PeninsulaThe Spanish self-employed could have lost up to €1.3bn as a result of yesterday’s power cut, the Asociación de Trabajadores Autónomos estimated.In a report carried by the Spanish news agency EFE, the group said that “today is still a difficult day” with some reporting connectivity and transport issues. Continue reading...

Politics

2 w. ago Microsoft says everyone will be a boss in the future – of AI employees

Tech company predicts rise of ‘frontier firms’ – where a human worker directs AI agents to carry out tasksMicrosoft has good news for anyone with corner office ambitions. In the future we’re all going to be bosses – of AI employees.The tech company is predicting the rise of a new kind of business, called a “frontier firm”, where ultimately a human worker directs autonomous artificial intelligence agents to carry out tasks. Continue reading...

Politics

2 w. ago Awkward moment comedian hits Chris Eubank Jr with 'tone deaf' impression of dad Chris Eubank Sr

Eubank Jr and Sr have not spoken 'for years' according to the former amid a feud that is partly because of a row over the agreed weight for his upcoming grudge match with Conor Benn.

Events

2 w. ago Awkward moment comedian hits Chris Eubank Jr with 'tone deaf' impression of Chris Eubank Sr

Eubank Jr and Sr have not spoken 'for years' according to the former amid a feud that is partly because of a row over the agreed weight for his upcoming grudge match with Conor Benn.

Events

2 w. ago Google broke the law. It’s time to break up the company | Courtney C Radsch

Two recent US cases have found the search giant is functioning as an illegal monopoly. This should be a turning pointIn less than a year, US courts have ruled that the world’s most powerful tech company broke the law – twice.In August, a federal judge in Washington ruled that Google illegally maintained its search monopoly by locking up defaults on browsers and devices. In April, a federal judge in Virginia found that Google illegally monopolized the digital advertising market, manipulating auctions, restricting and stifling competitors. These two rulings, the most significant antitrust wins against a tech giant in decades, should be a turning point in the digital economy.Dr Courtney C Radsch is director of the Center for Journalism and Liberty at Open Markets Institute Continue reading...

Events

2 w. ago Katy Perry fans outraged over singer's 'tone deaf' new business move amid space trip backlash

Katy Perry has launched a limited edition doll, days after she was launched into space.

Politics

3 w. ago Former teacher with no tech experience shares four resume changes he made to land job at Google

In 2015, Keith Anderson, now 36, left his $27,000-a-year job as an English teacher to pursue a position at a Big Tech company.

Society

3 w. ago Google illegally monopolized online advertising markets, US judge rules

Federal judge deals blow to tech giant and paves way for government to break up company’s advertising productsAlphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for US antitrust prosecutors to seek a breakup of its advertising products.The US district judge Leonie Brinkema in Alexandria, Virginia, found Google liable for “willfully acquiring and maintaining monopoly power” in markets for publisher ad servers and the market for ad exchanges which sit between buyers and sellers. Publisher ad servers are platforms used by websites to store and manage their ad inventory. Antitrust enforcers failed to prove a separate claim that the company had a monopoly in advertiser ad networks, she wrote. Continue reading...

Events

3 w. ago Google sued for £5bn in UK over allegations of shutting out rivals

Class action argues US tech firm charged more for advertising on its preinstalled apps than it could in fair marketGoogle is being sued in the UK for up to £5bn in damages over allegations it shut out rivals in the internet search market and abused this dominance to overcharge businesses for advertisements. A class action filed at the competition appeal tribunal on Tuesday argues that the US technology company has taken actions that enable it to charge higher prices for the promotions that appear in search inquiries than it otherwise could in a fair market. It alleged that Google, which is owned by the US tech company Alphabet, contracted phone makers to preinstall the Google search app and Chrome browser on Android devices and paid Apple to make it the default search engine on iPhones, with the intention of shutting out competition. The claim is filed by the competition law expert Or Brook on behalf of thousands of businesses and alleges Google ensured its search engine had better ...

Economics

3 w. ago Jedi Fallen Order team announce new Star Wars game but it's not what you were expecting

Respawn Entertainment recently shuttered some projects, but there's good news – the studio is working on a new Star Wars title, but it's nothing like what they've done before

Events

3 w. ago The ‘new world order’ of the past 35 years is being demolished before our eyes. This is how we must proceed | Gordon Brown

We have seen the conflict and tragedy that can follow when an old era collapses. Countries that believe in multilateralism must come together nowThis is the second in a two-part series on the global response to Donald Trump’s tariffs Read part one: Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent itAfter a week that started with the worst financial volatility in recent history and ended with the most serious escalation so far of the China-US conflict, it is time to distinguish the tectonic shifts from the tremors. If nothing changes, the 2020s risks being remembered as this century’s devil’s decade – the term historians once used for the 1930s. It will be defined not just by seven million people who have died of Covid-19 and rising global poverty and inequality – but also by a dismembered Ukraine, a burnt-out Gaza and little-reported atrocities in Africa and Asia, each testimony to the violent displacement of a rules-based global or...

Politics