Meta lay-offs: Facebook owner to cut 10,000 staff
I often hear that Silicon Valley firms have a tendency to over-recruit, for two reasons. Firstly, so they have staff ready to handle sudden growth, which can happen (just look…
Australia, the UK and US are joining forces in the Pacific, but will nuclear subs arrive quick enough to counter China?
Canberra, Australia CNN — More than a year after the United States, the United Kingdom and Australia dropped the tightly held news they were combining submarine forces, the trio released…
Tiny data centre used to heat public swimming pool
The heat generated by the small box of powerful computers is enough to heat the pool about 60% of the time. Source link
Malawi: Cyclone Freddy kills at least 99 in Malawi
CNN — At least 99 people were confirmed dead on Monday after Cyclone Freddy slammed into southern Malawi, the country’s Commissioner for Disaster Management Affairs, Charles Kalemba, told CNN. Most…
US court rules Uber and Lyft workers are contractors
Labour groups had opposed contractor status, saying it robbed them of rights like sick leave. Source link
China looms large as Biden makes submarine moves with UK, Australia
San Diego CNN — President Joe Biden was flanked on Monday by a 377-foot submarine – the USS Missouri – as he announced an accelerated timeline for Australia to receive…
Silicon Valley Bank: Biden says US banking system is safe
US authorities say they will guarantee all customer deposits after two banks collapse and spark crisis fears. Source link
Live updates: Silicon Valley Bank collapses
A trader works at the post where First Republic Bank is traded on the floor of the New York Stock Exchange on March 13. (Brendan McDermid/Reuters) The Biden administration scrambled…
HSBC swoops in to rescue UK arm of Silicon Valley Bank
The Bank of England and government worked all night to secure a deal involving no taxpayer money. Source link
China’s Xi Jinping vows to make military ‘great wall of steel’ in first speech of new presidential term
CNN — China’s leader Xi Jinping on Monday vowed to bolster national security and build the military into a “great wall of steel,” in the first speech of his precedent-breaking…