Tag #Technology

Showing 3,685 to 3,696 of 12,492 results

liberation.fr

🌐 75% Global Worthiness

Apr 10, 22:10

STMicroelectronics to Cut 2,800 Jobs Amidst Financial Difficulties

STMicroelectronics announced plans to cut up to 2,800 jobs globally by 2027 to reduce operating expenses by €288-€345 million, following a 23.2% revenue drop in 2024 to €12.5 billion, as part of a broader transformation plan focusing on key semiconductor technologies and AI-driven productivity impro...

STMicroelectronics to Cut 2,800 Jobs Amidst Financial Difficulties

STMicroelectronics announced plans to cut up to 2,800 jobs globally by 2027 to reduce operating expenses by €288-€345 million, following a 23.2% revenue drop in 2024 to €12.5 billion, as part of a broader transformation plan focusing on key semiconductor technologies and AI-driven productivity impro...

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Decent Work and Economic Growth

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What are the immediate consequences of STMicroelectronics' planned job cuts, and how will this impact the company's financial performance?

STMicroelectronics, a Franco-Italian semiconductor company, confirmed plans to cut up to 2,800 jobs globally over three years. This follows a January announcement of potential job cuts and aims to reduce operating expenses by €288-€345 million by 2027. The cuts will be achieved through voluntary departures, primarily in 2026 and 2027.

forbes.com

🌐 75% Global Worthiness

Apr 10, 16:13

Meta Stock: High Growth, High Risk

Meta stock, currently trading at 25 times earnings, presents a higher-growth, higher-margin alternative to Google despite significant historical volatility; its unique AI position offers long-term potential but carries substantial risk.

Meta Stock: High Growth, High Risk

Meta stock, currently trading at 25 times earnings, presents a higher-growth, higher-margin alternative to Google despite significant historical volatility; its unique AI position offers long-term potential but carries substantial risk.

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Decent Work and Economic Growth

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How do Meta's and Google's vulnerabilities to economic downturns compare, and what factors could mitigate these risks?

While both Meta and Google are susceptible to economic downturns impacting ad revenue, Meta's higher growth and margins could offset this risk for long-term investors. The recent stock price rally following tariff news highlights this volatility.

dailymail.co.uk

🌐 75% Global Worthiness

Apr 10, 22:10

Kia Cuts 2030 EV Sales Target Amidst Slower Adoption and Tariff Uncertainty

Kia has slashed its 2030 global electric vehicle sales target by 340,000 units to 1.26 million due to slower-than-expected EV adoption and US tariff uncertainty, while simultaneously planning to increase its hybrid car sales to one million units by 2030.

Kia Cuts 2030 EV Sales Target Amidst Slower Adoption and Tariff Uncertainty

Kia has slashed its 2030 global electric vehicle sales target by 340,000 units to 1.26 million due to slower-than-expected EV adoption and US tariff uncertainty, while simultaneously planning to increase its hybrid car sales to one million units by 2030.

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Industry, Innovation, and Infrastructure

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How does Kia's decision to increase hybrid car production align with evolving market trends and government policies?

Kia's revised sales forecast highlights the challenges faced by EV manufacturers, including fluctuating market demand and geopolitical factors influencing production and sales. The decision to increase hybrid car production reflects a strategy to diversify offerings in response to evolving consumer preferences and government regulations. This contrasts with the strong European EV sales reported by competitors like Volkswagen and BMW.

elmundo.es

🌐 75% Global Worthiness

Apr 10, 19:15

Italian Authority Fines Colosseum Ticket Scalpers €20 Million

The Italian Competition Authority fined CoopCulture €7 million and six tour operators €13 million for using bots to buy Colosseum tickets, creating a shortage and forcing consumers to pay higher prices for tickets from resellers; the Colosseum now uses nominative tickets.

Italian Authority Fines Colosseum Ticket Scalpers €20 Million

The Italian Competition Authority fined CoopCulture €7 million and six tour operators €13 million for using bots to buy Colosseum tickets, creating a shortage and forcing consumers to pay higher prices for tickets from resellers; the Colosseum now uses nominative tickets.

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Reduced Inequality

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What were the specific consequences of bot-based ticket scalping at the Colosseum, and how did it affect consumers?

The Italian Competition Authority fined CoopCulture €7 million and six tour operators €13 million for contributing to the Colosseum ticket shortage caused by bot-based scalping. CoopCulture failed to prevent automated ticket purchases and reserved large quantities for its own tours, forcing consumers to buy overpriced tickets from resellers.

taz.de

🌐 65% Global Worthiness

Apr 10, 10:12

HPS Home Power Solutions Declares Bankruptcy Due to Unsuccessful Hydrogen Storage System

HPS Home Power Solutions AG, a Berlin-based manufacturer of home hydrogen storage systems, declared bankruptcy in April 2024 due to a €45.7 million loss in 2023 and low market demand for its €60,000 Picea system, leaving 251 employees jobless and creditors with likely unmet claims.

HPS Home Power Solutions Declares Bankruptcy Due to Unsuccessful Hydrogen Storage System

HPS Home Power Solutions AG, a Berlin-based manufacturer of home hydrogen storage systems, declared bankruptcy in April 2024 due to a €45.7 million loss in 2023 and low market demand for its €60,000 Picea system, leaving 251 employees jobless and creditors with likely unmet claims.

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Affordable and Clean Energy

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What were the primary factors leading to the bankruptcy of HPS Home Power Solutions AG, and what are the immediate consequences for its employees and investors?

HPS Home Power Solutions AG, a Berlin-based manufacturer of home hydrogen storage systems, has declared bankruptcy. The company, which employed 251 people in 2023, incurred a €45.7 million loss that year, leading to its insolvency. Creditors have until June 27th to file claims; however, the insolvency administrator has indicated insufficient assets to cover liabilities.",

forbes.com

🌐 90% Global Worthiness

Apr 9, 13:20

AI Appointed CEO of HeyBoss AI

Xiaoyin Qu, founder of HeyBoss AI, announced that Astra, the company's AI, has become its first AI CEO, managing operations through AI agents and raising questions about the future of leadership and education.

AI Appointed CEO of HeyBoss AI

Xiaoyin Qu, founder of HeyBoss AI, announced that Astra, the company's AI, has become its first AI CEO, managing operations through AI agents and raising questions about the future of leadership and education.

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Quality Education

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What are the immediate implications of an AI, Astra, becoming the CEO of a functioning company?

HeyBoss AI, founded by Xiaoyin Qu, has appointed Astra, its AI, as CEO. Astra manages the company's operations, including website creation, using AI agents for various tasks, replacing human managers, engineers, and strategists. This has resulted in a fully automated system that delivers products quickly.

dailymail.co.uk

🌐 75% Global Worthiness

Apr 10, 22:10

Barclays Cuts Mortgage Rates Below 4 Percent

Barclays is cutting its mortgage rates to below 4 percent, offering two-year and five-year fixes with varying fees and deposit requirements, following Coventry Building Society's similar move and influenced by recent changes in interbank lending rates and trade policy.

Barclays Cuts Mortgage Rates Below 4 Percent

Barclays is cutting its mortgage rates to below 4 percent, offering two-year and five-year fixes with varying fees and deposit requirements, following Coventry Building Society's similar move and influenced by recent changes in interbank lending rates and trade policy.

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Reduced Inequality

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What is the immediate impact of Barclays' mortgage rate reduction on homebuyers in the UK?

Barclays, a major high street bank, has reduced its mortgage rates, offering two-year and five-year fixes below 4 percent. This follows a similar move by Coventry Building Society, creating more competitive options for homebuyers. The changes benefit those with various deposit sizes, including lower deposit options.

dw.com

🌐 75% Global Worthiness

Apr 10, 19:15

Electric Vehicles Show Significantly Lower Breakdown Rates Than Combustion Engine Cars

A German automobile club's study of vehicles registered between 2020 and 2022 found that electric vehicles had a significantly lower failure rate (4.2 per 1000) than combustion engine vehicles (10.4 per 1000), attributed to simpler design and less wear, although starting batteries remain a common pr...

Electric Vehicles Show Significantly Lower Breakdown Rates Than Combustion Engine Cars

A German automobile club's study of vehicles registered between 2020 and 2022 found that electric vehicles had a significantly lower failure rate (4.2 per 1000) than combustion engine vehicles (10.4 per 1000), attributed to simpler design and less wear, although starting batteries remain a common pr...

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Responsible Consumption and Production

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How does the design and operation of electric engines compare to combustion engines, and how do these differences affect the breakdown rates?

The simpler construction of electric motors, with fewer components than combustion engines, contributes to their lower failure rate. The absence of engine oil and reduced waste heat generation further decrease wear and tear, explaining the observed disparity in breakdowns between electric and combustion engine vehicles.

theguardian.com

🌐 75% Global Worthiness

Apr 10, 19:15

Amazon's Project Kuiper Launch Delayed by Weather

Amazon's Project Kuiper launch, aiming to compete with SpaceX's Starlink by providing global internet access, was postponed on Wednesday due to adverse weather conditions at Cape Canaveral, Florida, delaying the deployment of 27 satellites.

Amazon's Project Kuiper Launch Delayed by Weather

Amazon's Project Kuiper launch, aiming to compete with SpaceX's Starlink by providing global internet access, was postponed on Wednesday due to adverse weather conditions at Cape Canaveral, Florida, delaying the deployment of 27 satellites.

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Reduced Inequality

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What immediate impact will the weather-related delay of Amazon's Project Kuiper launch have on its competition with SpaceX's Starlink?

Adverse weather conditions, specifically cumulus clouds and persistent winds, forced the postponement of Amazon's Project Kuiper satellite launch from Cape Canaveral. The launch, originally scheduled for 7 PM Wednesday, was delayed due to the risk of lightning strikes associated with cumulus clouds near the launchpad. This setback impacts Amazon's plans to compete with SpaceX's Starlink.

bbc.com

🌐 65% Global Worthiness

Apr 10, 10:12

Norwich Council Halts Delayed £1.3m IT Project

Norwich City Council has suspended a £1.3m IT system upgrade project with Civica due to repeated delays, technical issues, and a resulting legal dispute; the project, involving the Civica D360 system, was to replace the decades-old W2 system and cover several council functions.

Norwich Council Halts Delayed £1.3m IT Project

Norwich City Council has suspended a £1.3m IT system upgrade project with Civica due to repeated delays, technical issues, and a resulting legal dispute; the project, involving the Civica D360 system, was to replace the decades-old W2 system and cover several council functions.

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No Poverty

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What factors contributed to the repeated delays and ultimate failure of the £1.3m IT project?

Repeated delays and technical problems with the migration of 2.5 million documents from the old W2 system caused the project's failure. Six major technical issues remained unresolved by the end of 2022. The council's decision to pause the project, after downgrading its risk rating to "red", highlights the severity of the problems and underscores the substantial cost overruns.

napoli.repubblica.it

🌐 65% Global Worthiness

Apr 10, 19:15

Campania Combines Technology and Civil Protection to Address Vesuvius Risks

The Campania Aerospace District (DAC) and the Vesuvio Coexistence Foundation signed a protocol on April 10th, 2024, to use advanced technologies for evacuation planning and sustainable development in Vesuvius areas at risk of volcanic eruption and depopulation, involving 40,000 people in annual dril...

Campania Combines Technology and Civil Protection to Address Vesuvius Risks

The Campania Aerospace District (DAC) and the Vesuvio Coexistence Foundation signed a protocol on April 10th, 2024, to use advanced technologies for evacuation planning and sustainable development in Vesuvius areas at risk of volcanic eruption and depopulation, involving 40,000 people in annual dril...

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Sustainable Cities and Communities

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What immediate actions are being taken to address the risks associated with the Vesuvius volcano and potential depopulation in the surrounding areas?

On April 10th, 2024, the Campania Aerospace District (DAC) and the Vesuvio Coexistence Foundation signed a protocol of intent to combine citizen safety with the socioeconomic regeneration of Campania's inland areas, especially those at risk of volcanic eruption and depopulation. The DAC will provide advanced technology and technical assistance, including satellite data analysis and drone monitoring, to support evacuation planning and sustainable development.

nbcnews.com

🌐 90% Global Worthiness

Apr 9, 01:17

AI-Generated Fake Job Applications Pose Growing Threat to Businesses

Pindrop Security recently uncovered a deepfake job applicant, highlighting a rising threat: AI-generated fake job applications are expected to comprise 25% of all applications by 2028, according to Gartner, with various companies, including a major U.S. television network and other Fortune 500 compa...

AI-Generated Fake Job Applications Pose Growing Threat to Businesses

Pindrop Security recently uncovered a deepfake job applicant, highlighting a rising threat: AI-generated fake job applications are expected to comprise 25% of all applications by 2028, according to Gartner, with various companies, including a major U.S. television network and other Fortune 500 compa...

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Reduced Inequality

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What are the immediate impacts of AI-generated fake job applications on companies, and how widespread is this problem?

The rise of AI-generated fake job applications is a growing threat, with Gartner predicting that 25% of job applicants will be fake by 2028. One example is "Ivan X," a deepfake applicant detected by Pindrop Security, who used AI to fabricate his identity and qualifications. This highlights the vulnerability of traditional hiring processes to sophisticated deception.

Showing 3,685 to 3,696 of 12,492 results