With the past two years of mass job cuts 2024 looks to be taking the same route. Tech companies continue to announce layoffs, amid this advancement of technology. In January of this year over 34,000 people were laid off from over 40 different companies.
In total this year 457 tech companies have laid off 143,136 employees, for some companies these layoffs are a way of restructuring while others had to close down whole departments due to slow revenue growth.
Despite this uncertainty in the US, it is clear that the era of government friendliness towards Big Tech is over, and it is probable that in the future more and more lawsuits will be filed as governments seek to limit the power, size, and influence of Big Tech.
This article is written in conjunction with the IE Law Society.
By Klaudia Kupidura
The latest developments in Generative AI have changed our habits, learning mechanisms,...
This article is written in conjunction with the IE Law Society.
By Stephanie Villamor
Artificial intelligence (AI) is the burning question in many daily conservations today....
At the end of 2023, the Joint European Torus, an experimental facility for fusion nuclear energy generation, achieved a major milestone in fusion generation. The Stork breaks down what this could mean for the future of energy production.
In conclusion, both digital and physical libraries are valuable. I definitely welcome the use and promotion of online collections of books and have often relied on them for both personal and professional reading.
While some businesses are starting to accept Bitcoin, most don’t. Estimates show that worldwide just over 15,000 businesses do. For context, there are more than 75,000 businesses in the Spanish restaurant and take-out sector.
As we enjoy the holiday season, it's the perfect time to reflect on how we can all give back. While there's always more work to be done, whether it's a simple donation or hands-on volunteering, there are so many ways we can make this world a little brighter.
The HTS promised to build a “homeland for all, including all sects and social classes.” Assad’s fall was announced on state television, as the flag of the opposition was hung up to replace the former. The citizens went out into the streets to celebrate, with the rebel soldiers firing at the sky to signal their victory. The residents asked to be taken to the “house of the donkey”, the presidential palace that had cost $1bn of tax money to build. People rejoiced in a newly found freedom and spoke out loud about the future of their country for the first time. Turkey claimed that 7,600 Syrians crossed the border to return home following the fall of Assad.