Intel is gearing up for massive layoffs, potentially impacting thousands of employees, as it grapples with declining market share in chip manufacturing. According to internal sources cited by Bloomberg, Intel may announce this downsizing plan as early as this week. Currently, the company employs approximately 110,000 people. Intel representatives declined to comment on the matter. […]
Monthly Archives: July 2024
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Meta has agreed to pay $1.4 billion to Texas users to settle a lawsuit related to Facebook’s collection of biometric data. On July 30th, Reuters reported that Texas attorneys stated the terms of Meta’s settlement mark the largest compromise in the state’s history. The lawsuit originated from Facebook’s photo tag suggestion tool, introduced over a […]
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The Turkish government has approved a controversial measure allowing the euthanization of diseased or aggressive stray dogs that pose a threat to humans and other animals. On July 29th, the Turkish Parliament passed a proposal to cull part of the country’s estimated 4 million stray dogs, a move that critics argue could lead to a […]
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Gold prices surged over 1% yesterday as investors anticipated that the Federal Reserve might signal a rate cut during its meeting this week. At the close of trading on July 30th, spot gold prices jumped nearly $27, reaching $2,410 per ounce. This rise was driven by investor optimism that the Federal Reserve might hint at […]
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South Korean intelligence reports that Kim Jong-un’s weight has surged back to 140 kg, following a significant weight loss in 2021. On July 29th, South Korean legislator Lee Seong-kweun, citing the National Intelligence Service (NIS), revealed that North Korean leader Kim Jong-un has regained weight, heightening health risks. The health and weight of North Korea’s […]
News
Democrats and Republicans attack each other about the candidate’s laughter and facial expressions
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Rather than honing in on policy proposals, America’s two major political parties have recently zeroed in on the personalities of Vice President Harris and former President Trump. The deeply polarized policies on both domestic and foreign fronts between Democratic Vice President Kamala Harris and Republican former President Donald Trump cast a shadow over this year’s […]
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Elon Musk, the tech billionaire who once supported Biden and was skeptical of Donald Trump, has now emerged as a vocal advocate for the former president. Musk’s quiet support for Trump began long before his public social media post on July 13th. Five months ago, America’s top billionaires and political strategists gathered at Wendy Nelson […]
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A recent survey reveals that Vice President Harris leads former President Trump in 4 out of 7 battleground states, while Trump holds a commanding presence in 2 states. According to the poll released on July 30th by Bloomberg News/Morning Consult, Vice President Kamala Harris garners 48% support across the battleground states, slightly edging out Republican […]
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As the tech world eagerly awaits the release of the iPhone 16, scheduled for September, it’s been revealed that the highly anticipated Apple Intelligence feature won’t be included at launch. According to Bloomberg, while the new iPhone and iOS versions typically debut in September, the Apple Intelligence update will only roll out in October through […]
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The Shidaowan high-temperature gas-cooled reactor (HTGR) plant in China is set to expand by integrating a pressurized water reactor, significantly boosting its capacity to supply electricity to 17 million households. On July 29, Interesting Engineering reported that China has begun expanding the world’s first fourth-generation nuclear power plant, the Shidaowan HTGR, located in Shandong province, […]