Snapchat owner lays off about 10% of its global workforce
Snap expects the majority of the costs to be incurred in the first quarter.
World News|Feb 5
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Estee Lauder cuts 3% to 5% of global workforce as sales and profits slide
The downsizing, which will affect as many as 3,100 workers, will be made by July, Estee Lauder said.
World News|Feb 5
World News
Facebook at 20: Scandal, looming regulation and a future built around AI
The social network has had a bumpy two decades at the forefront of the internet.
UK News|Feb 4
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Labour’s Peter Kyle set for AI talks with tech giants during Washington visit
The shadow technology secretary wants to discuss how the emerging technology could improve public services.
UK News|Feb 3
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Tim Cook teases Apple generative AI announcement for ‘later this year’
The tech giant is yet to make a major move in emerging space, which is currently dominated by OpenAI’s ChatGPT.
UK News|Feb 2
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Search engines can be ‘one-click gateways’ to harmful content, Ofcom warns
The regulator analysed thousands of search results based on terms linked to self-harm and suicide as part of a new study into online harms content.
UK News|Jan 31
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ChatGPT violated European privacy laws, Italy tells chatbot maker OpenAI
The watchdog started investigating ChatGPT last year, when it temporarily banned the chatbot in Italy.
World News|Jan 30
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Guernsey mark will identify local produce for diners
Diners at restaurants and cafes will soon be seeing a new symbol identifying local produce on menus across the island.
News|Jan 26
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Business
US regulator opens probe into links between AI start-ups and tech giants
The Federal Trade Commission has issued ‘compulsory orders’ to five companies requiring them to provide information on investments and partnerships.
World News|Jan 25
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Tencent’s League Of Legends developer Riot Games to axe 530 jobs
Bosses said the move was meant to ‘create focus and move us toward a sustainable future’.
World News|Jan 23
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Google invests £790m in first UK data centre
The tech giant has started construction work on the facility in Waltham Cross, Hertfordshire.
UK News|Jan 18
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Samsung unveils AI-powered S24 range as it hails ‘new era of mobile’
The smartphone maker has built a range of AI tools into its new phones, including translation, transcription and photo-editing features.
UK News|Jan 17
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Labour’s ambitions not achievable without business, Reeves to tell Davos summit
The shadow chancellor will vow to ‘restore stability’ to the UK economy during her trip to the World Economic Forum in Switzerland.
UK News|Jan 16
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What is Davos 2024, who is attending and what is on the agenda?
Global political and business leaders will seek influence and prestige at the annual meeting of the World Economic Forum.
UK News|Jan 16
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Labour is the ‘party of wealth creation’, Reeves to tell global finance chiefs
The shadow chancellor is wooing business leaders in Davos this week.
UK News|Jan 16
UK News