China has beaten the US in the race to govern AI development, unveiling new rules for companies to follow. AI development is moving at a breakneck pace, worrying some experts. Many have already signed an open letter asking the industry to pause Read More
McDonald’s is prepping for layoffs, with the company axing some corporate jobs and temporarily closing its offices. The tech industry has already laid off hundreds of thousands of workers. According to a company message seen by The Wall Street Journal, McDonald’s layoffs Read More
Ford revealed that its EV unit is losing billions of dollars and says it should be viewed as a startup, one Ford is committed to. Like virtually every automaker, Ford is leaning heavily into electric vehicles. The company has already Read More
The UK government is spending big — to the tune of £900m — to ensure it doesn’t get left being in the AI game. With OpenAI’s ChatGPT powering Microsoft Bing, Google developing Bard, and Baidu working on Ernie, the UK government wants to Read More
Acer has confirmed a data breach, one that has resulted in 160GB of data being posted for sale online. According to BleepingComputer, bad actors compromised “a server hosting private documents used by repair technicians.” The data, some 160GB worth, was allegedly Read More
The ban on combustion engine vehicles has begun, as countries around the world are rolling out sweeping new laws that will see the partial to full ban of new diesel and gas-powered vehicles in the coming decade. On February 21, Read More
T-Mobile is ending its AutoPay discount for accounts paying via a credit card, requiring a debit card or bank account instead. T-Mobile offers a $5 discount per line for accounts that have AutoPay enabled. The company currently offers the discount Read More
The Federal Communications Commission has dealt a blow to Starlink, approving Amazon’s Kuiper satellite plans. Kuiper is the satellite internet constellation Amazon is deploying, in direct competition with SpaceX’s Starlink. SpaceX wanted the FCC to limit the number of satellites Read More
Intel is showing where its priorities are, slashing employee pay in an effort to maintain its quarterly dividend. Intel is in trouble, with the company losing $8 billion of its market value in what has been described as a “historic collapse” that Read More
Google parent Alphabet has now firmly joined the ranks of companies laying off employees, with plans to cut 12,000 jobs. Two of Alphabet’s “Other Bets” companies, Intrinsic and Verily, announced layoffs last week, but today the company announced mass layoffs at Read More
