Etsy: Online marketplace lays off 11% of staff to cut costs
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
Over the weekend, a photo of Pope Francis looking dapper in a white puffer jacket went mega-viral on social media. The 86-year-old sitting pontiff, it appeared, has some serious drip. But there was just one problem: The image is not real. It was made using the AI art tool Midjourney. As word spread across the…
Signs of abuse will be missed because of the encryption of messages, the National Crime Agency says.
The Google headquarters in Mountain View, California, Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday night as it continues to push for efficiency and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will impact employees within Google’s hardware…
In an email sent to staff at Prime Video and Amazon MGM Studios, senior vice president of the department Mike Hopkins wrote: “We’ve identified opportunities to reduce or discontinue investments in certain areas while increasing our investments and focus on content and product initiatives that deliver the most impact.”
Chinese electric vehicle company Xpeng told CNBC on Friday that its newly launched X9 model could be a “game changer” for the industry. Xpeng launched the X9 large 7-seater EV on Jan. 1, a car built on its SEPA2.0 architecture for the Chinese market. The X9 series are priced between 359,800 yuan to 419,800 yuan (about $50,360…
A flood of AI-generated nudity prompts the streaming giant to abandon new rules after just two days.