Tech industry job cuts come rapidly and in big numbers

In just the past month there have been about 50,000 job cuts across the technology sector.

source https://www.seattletimes.com/business/tech-industry-job-cuts-come-rapidly-and-in-big-numbers-3/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

PayPal to cut 2,000 jobs in latest tech company cost-cutting

PayPal Inc. says it will trim about 7% of its total workforce, or about 2,000 full-time workers, as the digital payments company contends with a challenging economic environment.

source https://www.seattletimes.com/business/paypal-to-cut-2000-jobs-in-latest-tech-company-cost-cutting/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Bring back the dodo? Ambitious plan draws investors, critics

A company working on technologies to bring back extinct species has attracted both investors and skeptics.

source https://www.seattletimes.com/business/bring-back-dodo-ambitious-plan-draws-investors-critics/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Child welfare algorithm faces Justice Department scrutiny

The Justice Department has been scrutinizing a controversial artificial intelligence tool used by a Pittsburgh-area child protective services agency following concerns that it could result in discrimination against families with disabilities, The Associated Press has learned.

source https://www.seattletimes.com/business/child-welfare-algorithm-faces-justice-department-scrutiny/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

China accuses Washington of wanting ‘technological hegemony’

China’s government has accused Washington of pursuing “technology hegemony” following news reports the United States might raise pressure on tech giant Huawei by blocking all access to American suppliers.

source https://www.seattletimes.com/business/china-accuses-washington-of-wanting-technological-hegemony/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Nigeria sees cash shortage amid push for redesigned currency

Experts are warning that Nigeria's push to replace its paper money with newly designed currency notes has created a shortage of cash.

source https://www.seattletimes.com/business/nigerias-push-for-redesigned-currency-creates-cash-shortage/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Russian millionaire on trial in hack, insider trade scheme

A federal prosecutor says a wealthy Russian businessman and associates made tens of millions of dollars by cheating the stock market in an elaborate scheme that involved hacking into U.S. computer systems to steal insider information about companies such as Miscrosoft and Tesla.

source https://www.seattletimes.com/business/russian-millionaire-on-trial-in-hack-insider-trade-scheme/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Court upholds Minnesota ‘Clean Car Rule’ tied to California

The Minnesota Court of Appeals has upheld the state’s “Clean Car Rule,” which ties the state’s vehicle emission standards to California regulations.

source https://www.seattletimes.com/business/court-upholds-minnesota-clean-car-rule-tied-to-california/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Ford cuts price on Mustang Mach-E after Tesla trims prices

Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla made similar moves.

source https://www.seattletimes.com/business/ford-cuts-price-on-mustang-mach-e-after-tesla-trims-prices/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

How smart are the robots getting?

As the latest technologies emerge, it is now obvious that scientists must rethink and reshape how they track the progress of artificial intelligence.

source https://www.seattletimes.com/business/how-smart-are-the-robots-getting/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Dutch firm: US, allies near deal to limit chip tech to China

A Dutch semiconductor supply company says the U.S., Dutch and Japanese officials are close to an agreement to limit China’s access to the technology used to make computer chips.

source https://www.seattletimes.com/business/dutch-firm-us-allies-near-deal-to-limit-chip-tech-to-china/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Elon Musk’s mysterious ways on display in Tesla tweet trial

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.

source https://www.seattletimes.com/business/elon-musks-mysterious-ways-on-display-in-tesla-tweet-trial/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

How to pick antivirus software | Q&A with Patrick Marshall

Find pros and cons of popular antivirus products, but remember no product offers 100% protection and the best way to go is smart online behavior.

source https://www.seattletimes.com/business/technology/how-to-pick-antivirus-software-qa-with-patrick-marshall/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Online system to seek asylum in US is quickly overwhelmed

A mobile app for migrants to seek asylum in the United States has been overwhelmed since it was introduced this month in one of several major changes to the government’s response to unprecedented migration flows.

source https://www.seattletimes.com/business/technology/online-system-to-seek-asylum-in-us-is-quickly-overwhelmed/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Everyone wants your email address. Think twice before sharing it.

Your email address has become a digital bread crumb for companies to link your activity across sites. Here’s how you can limit this.

source https://www.seattletimes.com/business/technology/everyone-wants-your-email-address-think-twice-before-sharing-it/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

On Trump’s social network: ads for miracle cures, scams and fake merchandise

Between posts about conspiracy theories and right-wing grievances was an unusual advertisement: a photo of former President Donald Trump holding a $1,000 bill made of gold, which he was apparently offering free to supporters. But there were a few catches: The bill was not free, it was not made of gold, and it was not […]

source https://www.seattletimes.com/business/on-trumps-social-network-ads-for-miracle-cures-scams-and-fake-merchandise/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Wyoming crypto bank’s Federal Reserve application denied

The Federal Reserve Board has denied a Wyoming cryptocurrency bank’s application for Federal Reserve System membership.

source https://www.seattletimes.com/business/wyoming-crypto-banks-federal-reserve-application-denied/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Amazon to start charging Prime members for grocery orders under $150

The new fees coincide with the company's efforts to cut costs and adjust to slower growth in online shopping.

source https://www.seattletimes.com/business/amazon-to-start-charging-prime-members-for-grocery-orders-under-150/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

BuzzFeed shares triple on plans to embrace OpenAI for content

BuzzFeed Inc. shares surged by a record on news that the digital-media company plans to use OpenAI to bolster some of its content creation. The stock rose by as much as 203% on Thursday, bringing BuzzFeed’s market value to around $400 million, in its biggest gain since going public via a blank-check merger in December 2021. The news sparked a trading frenzy with more than 150 million shares ...

source https://www.seattletimes.com/business/buzzfeed-shares-triple-on-plans-to-embrace-openai-for-content/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

FTC filed Microsoft-Activision suit to head off EU settlement

The FTC filed its complaint hours after a call between U.S. and EU officials about their respective probes., said people familiar with the investigations.

source https://www.seattletimes.com/business/ftc-filed-microsoft-activision-suit-to-head-off-eu-settlement/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Israel’s high-tech economic engine balks at govt policies

Israel’s tech industry has long been the driving force behind the country’s economy.

source https://www.seattletimes.com/business/israels-high-tech-economic-engine-balks-at-govt-policies/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Tesla will invest $3.6B in Nevada truck factory expansion

Tesla says it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits will keep margins higher than any other automaker.

source https://www.seattletimes.com/business/tesla-reports-record-income-confirms-nevada-truck-expansion/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

IBM to cut about 3,900 workers, still hiring in ‘higher growth’ areas

The cuts will focus on workers remaining after spinning off the Kyndryl and Watson Health units and will cost the company about $300 million.

source https://www.seattletimes.com/business/ibm-to-cut-about-3900-workers-still-hiring-in-higher-growth-areas/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Elon Musk’s tweeting style seizes spotlight in Tesla trial

Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter has taken center stage in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unraveled.

source https://www.seattletimes.com/business/elon-musks-tweeting-style-seizes-spotlight-in-tesla-trial/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Member of Congress reads AI-generated speech on House floor

When U.S. Rep. Jake Auchincloss decided to deliver a speech on a bill that would create a U.S.-Israel artificial intelligence center, he opted to let the AI do the talking.

source https://www.seattletimes.com/nation-world/nation/member-of-congress-reads-ai-generated-speech-on-house-floor/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

New York’s AG says MSG lawyer ban may violate anti-bias laws

New York’s attorney general says Madison Square Garden may be violating anti-bias laws with its practice of barring lawyers from firms involved in litigation against MSG from its venues including Radio City Music Hall and the Garden itself.

source https://www.seattletimes.com/business/new-yorks-ag-says-msg-lawyer-ban-may-violate-anti-bias-laws/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

For tech companies, years of easy money yield to hard times

Many tech companies are seeing their fortunes reverse and their dreams dim. They are reducing roles, cutting back, watching their financial valuations shrivel.

source https://www.seattletimes.com/business/for-tech-companies-years-of-easy-money-yield-to-hard-times/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Microsoft’s revenue and profit drop, but cloud computing holds

Microsoft's cloud computing unit drove growth, according to the company’s second-quarter results released Tuesday. 

source https://www.seattletimes.com/business/microsoft/microsofts-revenue-and-profit-drop-but-cloud-computing-holds/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Sen. Josh Hawley will introduce legislation to ban TikTok nationwide

U.S. Sen. Josh Hawley called TikTok "China’s backdoor into Americans’ lives,” and wants it banned nationwide. That wouldn't be easy to do.

source https://www.seattletimes.com/nation-world/nation-politics/sen-josh-hawley-will-introduce-legislation-to-ban-tiktok-nationwide/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Justice Dept. sues Google over digital advertising dominance

The Justice Department and eight states have sued Google, alleging that its dominance in digital advertising harms competition as well as consumers and advertisers.

source https://www.seattletimes.com/business/justice-dept-sue-google-over-digital-advertising-dominance/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Learning to lie: AI tools adept at creating disinformation

A popular online chatbot powered by artificial intelligence is proving to be adept at creating disinformation and propaganda.

source https://www.seattletimes.com/business/learning-to-lie-ai-tools-adept-at-creating-disinformation/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Spain hits delivery app with new fine for labor violation

Spain’s labor ministry has issued app-based food delivery company Glovo a new fine of 57 million euros ($62 million) for violating labor laws.

source https://www.seattletimes.com/business/spain-hits-delivery-app-with-new-fine-for-labor-violation/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets.

source https://www.seattletimes.com/business/crypto-firms-acted-like-banks-then-collapsed-like-dominoes/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

China’s Huawei looks to ports, factories to rebuild sales

As technicians in a distant control room watch on display screens, an automated crane at one of China’s busiest ports moves cargo containers from a Japanese freighter to self-driving trucks in a scene tech giant Huawei sees as its future after American sanctions crushed its global smartphone brand.

source https://www.seattletimes.com/business/chinas-huawei-looks-to-ports-factories-to-rebuild-sales/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Maryland Supreme Court to hear digital ad tax case appeal

The Maryland Supreme Court will hear an appeal of a lower court’s ruling that the state’s first-in-the-nation tax on digital is unconstitutional.

source https://www.seattletimes.com/business/maryland-supreme-court-to-hear-digital-ad-tax-case-appeal/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Microsoft invests billions in ChatGPT-maker OpenAI

Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools.

source https://www.seattletimes.com/business/microsoft/microsoft-invests-billions-in-chatgpt-maker-openai/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Teens carry a threat to mental health in their pockets

Research has found links between Instagram use and negative social comparison and disordered eating and body image issues, particularly for teen girls.

source https://www.seattletimes.com/seattle-news/mental-health/teens-carry-a-threat-to-mental-health-in-their-pockets/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Spotify latest tech name to cut jobs, axes 6% of workforce

Music streaming service Spotify says it’s cutting 6% of its workforce, becoming yet another tech company resorting to layoffs as the economic outlook worsens.

source https://www.seattletimes.com/business/spotify-latest-tech-name-to-cut-jobs-axes-6-of-workforce/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

2 Minnesota brothers investigated in TikTok gambling scheme

Investigators in Minnesota are looking into allegations two men have been running a TikTok gambling scheme in the state's casinos.

source https://www.seattletimes.com/business/2-minnesota-brothers-investigated-in-tiktok-gambling-scheme/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

How to detect radio frequency interference | Q&A with Patrick Marshall

There are low-cost ways to detect if your computer troubles are a result of interference.

source https://www.seattletimes.com/business/how-to-detect-radio-frequency-interference-qa-with-patrick-marshall/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Tech layoffs shock young workers. The older people? Not so much

A generational divide is becoming clearer as the tech industry, which expanded rapidly through the pandemic, swings toward mass layoffs.

source https://www.seattletimes.com/business/tech-layoffs-shock-young-workers-the-older-people-not-so-much/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Bankman-Fried’s lawyers say car hit barricade outside home

A car with three occupants recently drove into a barricade outside the California home owned by Sam Bankman-Fried’s parents.

source https://www.seattletimes.com/business/bankman-frieds-lawyers-say-car-hit-barricade-outside-home/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Google’s treasured AI unit gets swept up in 12,000 job cuts

The organization comes as part of the company's sweeping job cuts announced on Friday, according to an internal memo.

source https://www.seattletimes.com/business/googles-treasured-ai-unit-gets-swept-up-in-12000-job-cuts/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Lawsuit alleges Twitter failed to pay rent for Seattle office

Twitter abandoned its Seattle office and failed to pay rent, the owner of a downtown office building alleged in a lawsuit filed Thursday.

source https://www.seattletimes.com/business/lawsuit-alleges-twitter-failed-to-pay-rent-for-seattle-office/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

How (and where) to watch the AP Top 25 Movies online

Glittering rock ‘n’ roll, women warriors and kings, spellbinding multiverses and stories of friendship and family permeated 2022 cinema and the AP Top 25 Movies list.

source https://www.seattletimes.com/entertainment/how-and-where-to-watch-the-ap-top-25-movies-online/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Supreme Court poised to reconsider key tenets of online speech

The Supreme Court is expected to discuss whether to hear two cases that could significantly affect the power and responsibilities of social media platforms.

source https://www.seattletimes.com/business/supreme-court-poised-to-reconsider-key-tenets-of-online-speech/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

T-Mobile says data on 37 million customers stolen

U.S. wireless network T-Mobile says hackers have stolen data on 37 million customers.

source https://www.seattletimes.com/business/t-mobile-says-data-on-37-million-customers-stolen/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Netflix’s 4Q subscribers surge, long-time CEO passes baton

Netflix’s subscriber growth is surging again.

source https://www.seattletimes.com/business/netflixs-4q-subscribers-surge-long-time-ceo-passes-baton/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Zoom says competition and job cuts haven’t hurt its business

After gaining millions of users at the height of the pandemic, Zoom is trying to reverse slowing growth by expanding its tools for business.

source https://www.seattletimes.com/business/zoom-says-competition-and-job-cuts-havent-hurt-its-business/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

Ransomware shuts hundreds of Yum Brands restaurants in UK

A ransomware attack forced the parent company of KFC and Taco Bell to close several hundred restaurants in the United Kingdom this week.

source https://www.seattletimes.com/business/ransomware-shuts-hundreds-of-yum-brands-restaurants-in-uk/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology