LONDON, Oct 22 (Reuters) – Barclays said on Thursday it was cutting around 5,000 jobs, or 5% of its workforce, this year, as it uses technology such as AI to reduce fixed costs and improve overall returns. One thousand of the cuts are already done…
SEOUL, Oct 22 (Reuters) – South Korea’s Samsung Electro-Mechanics will receive investment valued at 3.7 trillion won ($2.8 billion) from Tesla and Nvidia to build facilities making advanced chip substrates, known as FC-BGA for AI semiconductors, the Maeil Business Newspapera reported on Thursday. Tesla will…
By Ian Ransom MELBOURNE, Oct 22 (Reuters) – Emotions are running high ahead of MotoGP’s final Australian Grand Prix at Phillip Island on Sunday, with riders to bid a reluctant farewell to one of the championship’s most beloved circuits before the race moves to the…
TOKYO/BEIJING, Oct 22 (Reuters) – Companies and governments around the world raced on Thursday to patch vulnerabilities in the widely used PHP programming language, as experts reported a surge in hacking attempts following their disclosure. The rush came after government websites in Europe and elsewhere…
By Pesha Magid and Lina Obeid LUBBAN AL-GHARBI, West Bank, Oct 22 (Reuters) – Brought to tears as he recalled Israeli settlers hitting his cherished olive trees with sticks and taking off with the olives, Palestinian Ahmed Salem said he feared being attacked if he…
By Elizabeth Piper and Andrew MacAskill LONDON, Oct 22 (Reuters) – Flush with money from billionaire donors, Nigel Farage’s Reform UK has started hiring staff for a YouTube-based TV channel to bypass established broadcasters and capitalise on fundraising unrivalled by any major political party in…
By Ivana Sekularac BELGRADE, Oct 22 (Reuters) – Serbian activist Marko Marjanovic was on his way back from the supermarket in Belgrade when masked officers bundled him into a car and took him to a police station basement where he was held in solitary confinement…
Oct 22 (Reuters) – Poland on Thursday committed to join a HealthAI-led global network for governing the use of artificial intelligence in healthcare, as Europe rolls out new AI rules amid growing concerns over unpredictable AI behaviour. • Poland would become the second European Union…
ZURICH, Oct 22 (Reuters) – Swiss skincare company Galderma on Thursday nudged up its full-year sales guidance for the second time in two quarters after robust sales growth during the first nine months, driven particularly by its therapeutic dermatology division. • In the January-September period,…
Oct 22 (Reuters) – Elon Musk’s potential mega-merger of Tesla and SpaceX would likely face a China-shaped hurdle from regulators on both sides of the Pacific over concerns about national security and the sharing of data and technology. The world’s richest person said on Tuesday…
