Monthly Archives: April 2024

Tesla lays off more than 10% of its workforce

Owner Elon Musk said it was a difficult decision to reduce Tesla’s global headcount.

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Meta’s ‘consent or pay’ tactic must not prevail over privacy, EU rights groups warn

Ahead of a full meeting of the European Data Protection Board (EDPB) this week (April 16 and 17), which is expected to produce guidance on a controversial tactic used by Meta to force Facebook and Instagram users to consent to … Continue reading

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Meta to close Threads in Turkey to comply with injunction prohibiting data sharing with Instagram

Meta will “temporarily” shutter Threads in Turkey on April 29, in response to an injunction imposed by the country’s competition authority. © 2024 TechCrunch. All rights reserved. For personal use only.

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Tesla shares dip in premarket trade after reports the firm will lay off more than 10% of global workforce

Tesla shares were down over 1% in premarket trade Monday on media reports that the automaker will lay off more than 10% of its global workforce.

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Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit

British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.

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Tesla is laying off more than 10% of its global workforce

Tesla is laying off thousands of workers as it tries to simultaneously cut costs and boost productivity, according to CEO Elon Musk. The electric automaker is cutting “more than 10%” of its global headcount, Musk said in an email reported … Continue reading

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Lawhive raises $12M to expand its legaltech AI platform for small firms

UK-based legaltech company Lawhive, which offers an AI-based in-house ‘lawyer’ through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9M) in a seed round to expand the reach of AI-driven services for ‘main street’ law firms. … Continue reading

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Crypto FOMO Is Back. So Are the Scams

After cryptocurrency prices spiked, scammers have flooded the market with fake tokens that promise investors great riches, but leave them penniless. It’s working.

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OpenAI opens its first Asia office in Japan as a ‘first step’ in its commitment to the region

ChatGPT developer OpenAI opened its first Asian office in Tokyo, Japan as the company aims to expand its global presence.

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Apple CEO Tim Cook visits Vietnam — one of the iPhone giant’s most important manufacturing hubs

Apple has been looking to reduce its reliance on China for its product assembly, with India and Vietnam emerging as key locations.

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