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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 just fixed an iOS flaw exploited by the FBI - here's what happened
- The latest iOS 26.4.2 update resolves a vulnerability that allowed the FBI to retrieve deleted text messages from a user's Signal app. Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Many people use the popular Signal app to send and receive encrypted text messages. As an added bonus, you can set all texts to automatically disappear after a certain amount of time. But those protections ...

Source: zdnet.com