Month: December 2023
Spotify to cut 17% of staff in the latest round of tech layoffs
In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to “rightsize” after hiring too many people during 2020 and 2021. Roughly 1,500 workers are likely to be let go. (Image credit: Toru Yamanaka/AFP
Read MoreThe Morning Risk Report
Meta is struggling to boot pedophiles off Facebook and Instagram, and Mallinckrodt avoids $40 million SEC fine in Medicaid overcharge case. Also, Binance copped a $4 billion plea but is still fighting the SEC.
Read MoreMeta Faces Lawsuit From Spanish Media Over Advertising Practices
A group representing more than 80 media outlets in Spain filed a lawsuit against Meta Platforms, saying the Facebook and Instagram owner hadn’t complied with European data-protection laws.
Read MoreWhite House condemns protest targeting Philadelphia Jewish restaurant as ‘completely unjustifiable’ – as it happened – The Guardian
White House condemns protest targeting Philadelphia Jewish restaurant as ‘completely unjustifiable’ – as it happened The Guardian White House blasts protest of Israeli restaurant in Philadelphia as ‘unjustifiable’ NBC News White House Condemns ‘Antisemitic’ Pro-Palestinian Protest Outside Philadelphia Jewish-Owned Restaurant Forbes
Read MoreIsrael orders evacuations as it widens offensive but Palestinians are running out of places to go – The Associated Press
Israel orders evacuations as it widens offensive but Palestinians are running out of places to go The Associated PressView Full Coverage on Google News
Read MoreWhy China continues to invest in coal – despite beating renewable energy targets
China’s coal fired power plants are not always as ugly as you might think.
Read MoreCOP28 president incorrectly says fossil fuel phaseout is not necessary – NPR
COP28 president incorrectly says fossil fuel phaseout is not necessary NPR COP28: Criticism mounts against president over fossil fuel comments Global News Climate summit leader defends controversial comments that alarmed scientists and sent shockwaves through meeting CNN A clash at Cop28 The Telegraph How
Read MoreU.N. climate talks head says “no science” backs ending fossil fuels. That’s incorrect
The comments came shortly before talks kicked off in Dubai. In reality, scientists warn that further fossil fuel development is driving global warming. (Image credit: Kamran Jebreili/AP)
Read MoreThe Philippines Accuses China of ‘Swarming’ Reef Off Its Coast. Here’s What to Know
Some 135 Chinese vessels were spotted near Whitsun Reef off the coast of the western Philippine island province of Palawan this weekend. Although it remains unclear exactly what the vessels are doing there, experts tell TIME that it’s likely the
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