Petersburg Post Home

The Petersburg Post



US   BUSINESS  
20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
- Layoffs in the tech industry are increasing as companies that are spending the most on AI infrastructure are simultaneously cutting thousands of jobs. Meta said on Thursday that it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history. "This represents a fundamental structural shift rather than a temporary market correction," said ...

Source: cnbc.com
BUSINESS  
Donald Trump threatens 'big tariff' on UK over digital tax on US tech firms
- No compatible source was found for this media. No compatible source was found for this media. US President Donald Trump has threatened to impose tariffs on the UK if it does not drop its digital services tax on American social media firms. The digital services tax, introduced in 2020, imposes a 2% levy on the revenues of several major US tech companies. Speaking to reporters from the Oval Office on Thursday, Mr ...

Source: news.yahoo.com
DIGITAL   BUSINESS   TECHNOLOGY  
Apple fixes iPhone bug that let FBI retrieve deleted Signal messages(CVE-2026-28950)
- Apple has rolled out security updates for iPhones and iPads that fix CVE-2026-28950, a logging issue in Notification Services that made devices unexpectedly retain notifications marked for deletion. The vulnerability was patched following a about the FBI accessing a suspect's Signal message notification content on their iPhone, despite Signal being deleted from the device. As usual, Apple did not offer more details ...

Source: helpnetsecurity.com