Nokia to erase up to 14,000 employees from payroll [Fri Oct 20 2023]

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20 October 2023

 
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Nokia to erase up to 14,000 employees from payroll

Profits plunge, sales down in Q3. Multi-year cost cutting drive means staff will be decimated

 

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US government's Login.gov turns frown upside down, now smiles on facial recognition

Authentication portal to match snaps on existing IDs with user-provided snaps

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Biden has brought the ban hammer down on US export of AI chips to China

Datacenter GPUs and some consumer cards now exceed performance limits

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World's largest chipmaker TSMC's sales down on last year, says upswing 'coming'

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Nokia to erase up to 14,000 employees from payroll

Profits plunge, sales down in Q3. Multi-year cost cutting drive means staff will be decimated

3 Comments

First Brexit, now X-it: Musk 'considering' pulling platform from EU over probe

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India courts IBM, Intel, and Tower for chip partnerships - all in one day

Big Blue in early talks to advance local RISC-V designs

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Casio keyed up after data loss hits customers in 149 countries

Crooks broke into the ClassPad server and swiped online learning database

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Europol knocks RagnarLocker offline in second major ransomware bust this year

Group will be remembered as staunch negotiator and a bullier of critical infrastructure orgs

Cybercrim claims fresh 23andMe batch takes leaked records to 5 million

Class action lawsuits abound after mega breach

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Ex-Navy IT manager gets 5 years in slammer for 2018 database heist

Seafaring cybercrim's wife faces similar sentence next month

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Fears China could trash Broadcom's VMware nuptials as revenge for sanctions

Regulator twiddled thumbs for Intel and Tower Semi, it could happen again

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UK tribunal agrees with Clearview AI – Brit data regulator has no jurisdiction

American selfie-scraper shakes off $9M privacy fine as the 'actions of a foreign state are out of scope'

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Analysts scratch heads over MariaDB's decision to ditch DBaaS crown jewels

'Their future is murky at the moment'

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In-memory database Redis wants to dabble in disk

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Indian authorities raid fake tech support rings after tipoff from Amazon and Microsoft

Also went after crypto-crooks who sought money to buy miners for fake token

‘How not to hire a North Korean plant posing as a techie’ guide updated by US and South Korean authorities

Advise turning off and never using remote desktop protocol, prohibiting private VPNs, not trusting recruiters’ due diligence

21 Comments

Offbeat

Biotech exec sentenced to eight years for COVID-19 testing finger-stick fraud

100+ diagnostic tests from a single drop of blood – sound familiar?

1 Comments

It's full of stars! Galactic atlas catalogs 400k Milky Way neighbors

Public gallery invites you to have a scroll and wonder where the hours went

Winklevoss twins back in hot water after NY AG sues over $1B cryptocurrency fraud

SBF comes up like a bad penny

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'Recession-resilient' Tesla misses Q3 expectations, slows Mexico expansion

But look over there: A Cybertruck release date! Just please 'temper expectations,' Elon begs

15 Comments

NASA celebrates 40 years of Discovery, the longest-serving Space Shuttle

OV-103 was there for Hubble and the assembly of the ISS

8 Comments

Mars chilled for aeons, but stayed so stressed it gets crusty marsquakes

Multiple orbiters failed to find a crater matching rumble. Boffins now blame Red planet's internal problems

7 Comments

Amazon unveils new drone design, plans liftoff of aerial delivery in UK, Italy

Smaller, quieter, and expected to deliver millions of packages in coming years

40 Comments
 
  
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