Business

Intel increases Oregon layoffs by nearly 4 times as much  KGW Intel now to lay off nearly 2,400 employees in Oregon  KATU Intel bombshell: Chipmaker will lay off 2,400 Oregon workers  OregonLive.com Intel ramps up layoff plans, nearly 2,400 people expected to be impacted  KPTV Intel expands layoffs, cutting more than 10% of Oregon workforce  Oregon Public Broadcasting – OPB Source link

In yet another unexpected turn of events, Jeff Bezos is now embracing a new hairstyle. While he’s known for his bald look, and has been recognized as such for well over a decade, he’s embracing a whole new look after his and Lauren Sánchez’s controversial, $50 million Venice wedding. In photos obtained by EOnline, we can see that Bezos has …

An anonymous reader shares a report: JPMorgan Chase boss Jamie Dimon did not pull his punches when he spoke at Ireland’s Department of Foreign Affairs. “You’re losing,” he said of European competitiveness with the U.S. and Asia, in comments reported by the Financial Times. “Europe has gone from 90% U.S. GDP to 65% over 10 or 15 years. That’s not …

Welcome back to Week in Review! We’ve got tons of news for you this week, including a shakeup at X, Hugging Face’s new robot, new phones from Nothing and Samsung, and a whole lot more. Have a great weekend! Off to do something else: X CEO Linda Yaccarino stepped down this week after a tumultuous two-year tenure marked by advertiser …

NEW YORK — Walmart is recalling about 850,000 stainless steel water bottles because the lid can “forcefully eject” and unexpectedly strike consumers — resulting in permanent vision loss for two people to date. The recall covers Walmart’s “Ozark Trail 64 oz Stainless Steel Insulated Water Bottles,” which have been sold at the chain’s stores across the country since 2017. According …

SpaceX to invest $2 billion in Musk’s xAI startup, WSJ reports  ReutersView Full Coverage on Google News Source link

Several days after temporarily shutting down the Grok AI bot that was producing antisemitic posts and praising Hitler in response to user prompts, Elon Musk’s AI company tried to explain why that happened. In a series of posts on X, it said that “…we discovered the root cause was an update to a code path upstream of the @grok bot. …

Elon Musk’s artificial intelligence company xAI has issued an apology after its chatbot Grok made a slew of antisemitic and Adolf Hitler-praising comments earlier this week on X. On Saturday, xAI released a lengthy apology in which it said: “First off, we deeply apologize for the horrific behavior that many experienced.” The company went on to say: “Our intent for …

The Streaming Wars Come Down to 2: YouTube vs. Netflix  The New York Times Source link

Intel’s mass layoffs amped up considerably Friday evening with word that the company plans to lay off nearly 2,400 Oregon workers — nearly five times as many as it had reported earlier in the week. The chipmaker has been firing workers all week as new CEO Lip-Bu Tan seeks to streamline Intel’s operations and reduce spending. He’s responding to a …