Technology

Cisco Systems Announces Significant Workforce Reduction, Plans to Cut 6,000 Jobs
Technology

Cisco Systems Announces Significant Workforce Reduction, Plans to Cut 6,000 Jobs

More news - Breaking news Cisco Systems, a leading developer of computer networking solutions based in San Jose, California, said it will reduce its workforce by 7 percent, marking its second significant reduction this year. The decision means about 6,000 job losses from its 84,900-person workforce as of July 2023. Earlier this year, Cisco had already cut its workforce by 4,000. Despite the job cuts, Cisco reported net income of $2.16 billion for the latest quarter, a 45 percent decline from the previous year, with revenue falling 10 percent to $13.64 billion. However, those numbers still beat expectations set by Wall Street, sending Cisco's stock price up nearly 6 percent in after-hours trading. Cisco’s move reflects broader trends in the technology industry, where co...
Elon Musk amplifies his support for Donald Trump through Platform X.
Technology

Elon Musk amplifies his support for Donald Trump through Platform X.

Related media - Recent news Tech mogul Elon Musk has stepped up his public support for Donald Trump, using his social media platform, X, as a key vehicle for political endorsement. Musk’s support for Trump, which has grown significantly following a recent assassination attempt against the former president, now includes the formation of a PAC to support Trump’s political efforts and publicly criticize his opponents. In a notable move, Musk scheduled a live event with Trump on X for Monday, signaling deeper engagement with the political landscape through his platform. The event is part of Musk’s broader strategy to leverage X not just as a social media tool but as a platform for political influence and engagement. The convergence of Musk’s tech influence and political ad...
Meta modifies oversight of Trump’s social media profiles
Technology

Meta modifies oversight of Trump’s social media profiles

More news - Breaking news Meta is set to change some restrictions previously imposed on the Facebook and Instagram profiles of Donald Trump, the former president of the United States. Initially, in response to his comments praising the actions of those involved in the Capitol riot on January 6, 2021, Meta suspended Trump’s social media accounts indefinitely. However, in early 2023, these platforms reinstated his accounts with a promise to closely monitor any further infractions that could lead to additional suspensions lasting anywhere from a month to two years. As Trump actively campaigns against current US President Joe Biden, aiming to return to the presidency, Meta has decided to ease the increased scrutiny it previously applied to its accounts. The company expressed in a recent...
Cyber ​​Exploits Rise in the Wake of Global Tech Crisis
Technology

Cyber ​​Exploits Rise in the Wake of Global Tech Crisis

Related media - News 24 hours Following a significant disruption caused by a faulty software update to cybersecurity giant CrowdStrike, malicious entities are taking advantage of the situation to orchestrate phishing schemes. These schemes involve individuals impersonating CrowdStrike employees or technologists, offering fraudulent recovery services to unsuspecting victims. CrowdStrike CEO George Kurtz issued a statement urging vigilance: “With these disruptions, it is critical that everyone remains vigilant and verifies the authenticity of communications claiming to be from CrowdStrike.” The UK Cyber ​​Security Centre also noted an increase in phishing activity following the incident, signalling a critical period for cyber defence. Photo essayThe global impact of the compro...
The Impact of Artificial Intelligence on Hiring Processes in the United States
Technology

The Impact of Artificial Intelligence on Hiring Processes in the United States

Related media - Latest news MIAMI, UNITED STATES — As the digital landscape evolves, job search portals continue to expand their reach, connecting countless job opportunities with potential candidates. However, despite this technological boon, the recruiting industry faces new challenges. Large recruiting firms are overwhelmed by the sheer volume of applications, making individual review a daunting task. Greenhouse, a leading U.S. recruiting firm, reported a staggering 71% increase in sales inquiries in the past year alone. In response, many companies are turning to artificial intelligence (AI) to streamline the hiring process. AI systems, equipped with algorithms that analyze specific keywords, are now key to distinguishing promising candidates from the rest. Alex Neuman, a technolo...
Apple Vision Pro review: First-gen headset falls short
Technology

Apple Vision Pro review: First-gen headset falls short

More news - Recent news Seventeen years ago, Steve Jobs introduced the iPhone, a revolutionary device that combined an iPod, a telephone, and an Internet browser in one. At $500, it was expensive, but its innovation justified the cost, despite some initial flaws. Fast forward to today, and my experience with Apple’s new $3,500 Vision Pro headset has been less than stellar. This ski-goggle-style virtual reality headset aims to merge the physical and digital worlds. Apple bills it as a “space computer” designed for work, entertainment, and play. Without an advance review unit from Apple, I purchased the Vision Pro myself. With essential add-ons like a $200 case, $180 AirPods, and $150 prescription lens inserts, the cost quickly adds up. After using it for five days, I’m still not sold ...
Autistic Employees Revolutionize Workplace Accommodations
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Autistic Employees Revolutionize Workplace Accommodations

Related media - News 24 hours When Chelsia Potts took her 10-year-old daughter to a psychologist for an evaluation for autism spectrum disorder, she decided, almost as an afterthought, to get tested herself. The results were surprising: Like her daughter, Ms. Potts was diagnosed with autism. At 35, Ms. Potts thought she was dealing with anxiety or something else. A first-generation college graduate, she had earned a Ph.D. in education and become a high-level administrator at Miami University in Oxford, Ohio. After seeing a psychologist, she had to figure out how this diagnosis would affect her work life. “I was confused at first and kept it a secret,” Ms. Potts said. “I had an image of what an autistic person looked like, and it didn’t look like me.” She reflected on the ways she had...
Ferrari Ventures Into Electric Age Amid Industry Challenges
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Ferrari Ventures Into Electric Age Amid Industry Challenges

More news - Latest news In a new factory in northern Italy, Ferrari chassis slide onto robot trucks as engineers in cherry-red uniforms add components like the engine block, dashboard, and steering wheel, turning these bodies into hybrids. Soon: fully electric. There’s a lot at stake in Ferrari’s €200 million “e-building,” which opened last month. Almost twice the size of Rome’s Colosseum, the factory aims to propel the 77-year-old sports car maker, famous for the roar of its combustion engines, into the age of electrification. However, this effort comes at a delicate time for the auto industry. The transition to electric vehicles, which should have quickly ushered in an era of climate-friendly transportation, has been slowed by costly investments and slowing global demand. Other lux...
Building Global Supply Chains: US Strategy to Mitigate Risks with China
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Building Global Supply Chains: US Strategy to Mitigate Risks with China

Related media - News 24 hours If the Biden administration is successful, many more electronic chips will be produced in factories located in, say, Texas or Arizona. These chips will then be shipped to partner countries like Costa Rica, Vietnam, or Kenya for final assembly and global distribution, powering everything from refrigerators to supercomputers. These places aren’t the first that come to mind when you think of semiconductors. But administration officials are trying to transform the global chip supply chain, and they’re negotiating hard to make that happen. Key elements of the plan include convincing foreign companies to invest in U.S. chipmaking and finding other countries to set up factories to do the work. Officials and researchers in Washington call it part of the new “chi...
How to Optimize Your Phone’s Photo Library for More Storage Space
Technology

How to Optimize Your Phone’s Photo Library for More Storage Space

More news - Recent news Is your phone constantly warning you about low storage space? Do you find yourself endlessly scrolling to find a particular photo? Over time, our phones accumulate countless images, apps, and files that can clog up space. Here's how to effectively clean up your photo library and free up storage space using tools readily available on your device. Check your storage space First, assess how much space is left on your device and identify what is taking up space. For Android users, go to the Settings app and select Storage. On Samsung Galaxy devices, go to Settings, choose Device care or Device maintenance, then tap Storage. iPhone users can open the Settings app, select General, and then iPhone Storage to see how much space is available. The steps are similar for...