Tag Archives: Nearly

Consumer confidence drops to its lowest level in nearly two years as Americans fret over their financial futures

April 30, 2024 Consumer confidence drops to its lowest level in nearly two years as Americans fret over their financial futures U.S. consumer confidence deteriorated for the third straight month. BY Associated Press U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest … Continue reading Consumer confidence drops to its lowest level in nearly two years as Americans fret over their financial futures

Largest wireless carriers fined nearly $200 million for illegally sharing location data

April 29, 2024 Largest wireless carriers fined nearly $200 million for illegally sharing location data Carriers have allowed the use of location-data for programs like roadside assistance, logistics, medical emergency alert services, human trafficking alerts and fraud prevention. BY Reuters The Federal Communications Commission on Monday fined the largest U.S. wireless carriers nearly $200 million for … Continue reading Largest wireless carriers fined nearly $200 million for illegally sharing location data

2024 tech layoffs have already started: Unity Software to cut nearly 25% of workforce

  By Michael Grothaus January 09, 2024 Unity Software, maker of the popular cross-platform game engine used by developers across the globe, has announced the first major tech layoffs of the new year. In a filing with the Securities and Exchange Commission (SEC) dated January 8, 2024, Unity Software said it will cut “approximately 1,800 … Continue reading 2024 tech layoffs have already started: Unity Software to cut nearly 25% of workforce

OpenAI nearly blew up their $80 billion company. But was the issue they were reportedly arguing over really the right issue?

  By Chris Stokel-Walker November 22, 2023 On Tuesday night, OpenAI announced that it had reached an agreement in principle for cofounder and recently ousted CEO Sam Altman to return to the company. As part of the arrangement, the $80 billion company will also have a new board composed of Bret Taylor, Larry Summers, and … Continue reading OpenAI nearly blew up their $80 billion company. But was the issue they were reportedly arguing over really the right issue?

Nearly 20,000 jobs lost in another week of brutal mass layoffs for tech and media

  By Michael Grothaus February 10, 2023 On Thursday evening, Axios reported that Yahoo is set to lay off more than 1,600 of its employees. Yahoo’s job cuts equate to over 20% of its workforce and Axios reports that the cuts will hit Yahoo’s ad-tech division hard—with 50% of ad-tech employees set to be let … Continue reading Nearly 20,000 jobs lost in another week of brutal mass layoffs for tech and media

Linear TV Shows Flat Q4 Ad Growth, Nearly On Par With Digital Media

Linear TV Shows Flat Q4 Ad Growth, Nearly On Par With Digital Media by Wayne Friedman , January 26, 2023 Traditional linear TV — national and local broadcast and cable — will see flat advertising growth in the fourth quarter — nearly the same as digital media advertising platforms, according to estimates from MoffettNathanson Research. … Continue reading Linear TV Shows Flat Q4 Ad Growth, Nearly On Par With Digital Media

North Korean hackers targeted nearly 1,000 South Korean foreign policy experts

Google reveals North Korean-backed campaign targeting security researchers Mariella Moon @mariella_moon Google’s Threat Analysis Group has identified an ongoing campaign that’s been targeting security researchers working on vulnerabilities over the past few months. The team says “a government-backed entity based in North Korea” is behind the attacks, which typically use social engineering to engage the … Continue reading North Korean hackers targeted nearly 1,000 South Korean foreign policy experts

The recession is squeezing Gen Z more than other generations: Nearly 75% can’t pay their bills on time

  By Sam Becker November 15, 2022   Though the latest CPI numbers showed promise in the Fed’s battle against inflation—prices rose 7.7% year-over-year during October, a drop compared to previous months—it may not be of much comfort to the millions of Americans struggling to contend with escalating costs. That may be particularly true for … Continue reading The recession is squeezing Gen Z more than other generations: Nearly 75% can’t pay their bills on time