Month: November 2024

Trump selects Elon Musk to lead government efficiency department

Musk and ex-presidential candidate Vivek Ramaswamy to head up Department of Government Efficiency (Doge) Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency, Donald Trump said on Tuesday. Despite the name, the department will not be a government agency. Trump said in a statement that Musk …

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French news titles sue X over allegedly running their content without payment

Social media site accused of violating law that requires platforms to pay media when republishing articles Several leading French newspapers have said they are suing the social media platform X, accusing it of running their content without payment. The joint action against the company run by the US billionaire Elon Musk is being led by …

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Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

Company says it will cut about 200 employees as value plummets in aftermath of huge data breach The genetic testing firm 23andMe said on Monday it would cut about 40%, or 200 employees, from its workforce and discontinue further development of all its therapies as part of a restructuring program. “We are taking these difficult …

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TechScape: Will Elon Musk fire a third of the US government?

Musk and Donald Trump propose a ‘Department of Government Efficiency’, crypto wins big in the election and a modern equivalent of Lysistrata takes hold on TikTok • Don’t get TechScape delivered to your inbox? Sign up here Hello, and welcome to TechScape. I’m Blake Montgomery, US tech editor at the Guardian. In this week’s newsletter: …

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Union review – fighting for your rights under the Amazon corporate jackboot

This documentary follows the formation of the Amazon Labor Union, showing how difficult it is for workers working for a company determined to efface their rights The historic 2022 victory in getting union recognition for Amazon workers in a huge warehouse in Staten Island, New York, and the creation of the Amazon Labor Union (ALU), …

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Musk’s influence on Trump could lead to tougher AI standards, says scientist

Tycoon might help president-elect realise race for artificial general intelligence is a ‘suicide race’, says Max Tegmark Business live – latest updates Elon Musk’s influence on a Donald Trump administration could lead to tougher safety standards for artificial intelligence, according to a leading scientist who has worked closely with the world’s richest person on addressing …

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Bluesky adds 700,000 new members as users flee X after the US election

Social media platform has become a ‘refuge’ from the far-right activism on X, experts say, after Elon Musk teamed up with Donald Trump Social media platform Bluesky has picked up more than 700,000 new users in the week since the US election, as users seek to escape misinformation and offensive posts on X. The influx, …

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FTX sues Binance and its former CEO for $1.8bn

Collapsed cryptocurrency company says $1.8bn was ‘fraudulently transferred’ to Binance and its executives The collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8bn was “fraudulently transferred” by FTX management to Binance and its executives. The lawsuit relates to Binance’s sale of its stake in Sam Bankman-Fried’s FTX, which …

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PlayStation 5 Pro: is Sony’s console upgrade worth £700?

Four years after the PS5’s release, Sony has now put out a more powerful version. But the asking price is steep The PlayStation 5 Pro was announced in September, and immediately people reacted with disbelief to the price: £699/$699, without a disc drive. Adjusted for inflation, it is the second-most expensive games console ever released …

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Bitcoin price tops $81,000 for first time amid ‘Trump pump’

Traders hope president-elect will favour cryptocurrencies when he returns to the White House Business live – latest updates The price of bitcoin has risen above $81,000 for the first time as it benefited from traders’ hopes that Donald Trump will favour cryptocurrencies when he returns to the White House. Bitcoin touched a record high of …

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