Businesses

Performance Improvement Plans Surge in US as Companies Seek Stealth Job Cuts (msn.com) 196

Performance improvement plans, a controversial corporate tool for managing underperforming employees, are becoming increasingly prevalent in U.S. workplaces. HR Acuity data shows workers subject to performance actions rose from 33.4 per 1,000 in 2020 to 43.6 per 1,000 in 2023.

While companies maintain PIPs offer a path to improvement, WSJ -- citing HR executives and former employees -- describes them as primarily providing legal protection against wrongful termination lawsuits and an alternative to formal layoffs. Only 10-25% of employees survive the 30-90 day improvement plans, with most either being terminated or leaving voluntarily.
Canada

Canada's Major News Organizations Band Together To Sue OpenAI (toronto.com) 39

A broad coalition of Canada's major news organizations, including the Toronto Star, Metroland Media, Postmedia, The Globe and Mail, The Canadian Press and CBC, is suing tech giant OpenAI, saying the company is illegally using news articles to train its ChatGPT software. From a report: It's the first time all of a country's major news publishers have come together in litigation against OpenAI. The suit, filed in Ontario's Superior Court of Justice Friday morning, seeks punitive damages, disgorgement of any profits made by OpenAI from using the news organizations' articles, and an injunction barring OpenAI from using any of the news articles in the future.

"Journalism is in the public interest. OpenAI using other companies' journalism for their own commercial gain is not. It's illegal," said a joint statement from the media organizations, which are represented by law firm Lenczner Slaght.

AI

Japan's 'God of Management' Comes Back To Life as an AI Model (japantimes.co.jp) 30

Panasonic has created an AI clone of its late founder Konosuke Matsushita based on his writings, speeches, and over 3,000 voice recordings. From a local media report: Known as Japan's "god of management," the Panasonic icon is one of the most respected by the Japanese business community, and comes back to life in digital form to impart wisdom directly to those he never met in person.

"As the number of people who received training directly from Matsushita has been on the decline, we decided to use generative AI technology to pass down our group's founding vision to the next generation," the company said in a statement. Codeveloped with the University of Tokyo-affiliated Matsuo Institute, the model can reproduce how a person thinks or talks. The company aims to further develop the digital clone to help make business decisions in the future.

Intel

Intel Required To Keep Control of Foundries Under $7.9 Billion Chips Act Deal 20

Intel must maintain majority control of its foundries as a condition of receiving $7.86 billion in U.S. CHIPS Act funding, according to terms disclosed in a regulatory filing [PDF]. The semiconductor giant will need to keep at least 50.1% ownership if the foundry unit is spun off privately, while no single shareholder can hold more than 35% of shares if it goes public unless Intel remains the largest stakeholder. The restrictions, which also require Intel to remain a customer, come as the company struggles financially and recently restructured its foundry business as an independent unit.
Chrome

Google's Chrome Worth Up To $20 Billion If Judge Orders Sale (msn.com) 92

Alphabet's Chrome browser could go for as much as $20 billion if a judge agrees to a Justice Department proposal to sell the business, in what would be a historic crackdown on one of the world's biggest tech companies. From a report: The department will ask the judge, who ruled in August that Google illegally monopolized the search market, to require measures related to artificial intelligence and its Android smartphone operating system, according to people familiar with the plans.
United Kingdom

NHS Major 'Cyber Incident' Forces Hospitals To Use Pen and Paper (theregister.com) 28

The ongoing cybersecurity incident affecting a North West England NHS group has forced sites to fall back on pen-and-paper operations. From a report: The Wirral University Teaching Hospital NHS Trust updated its official line on the incident on Wednesday evening, revealing new details about the case, but remains coy about the true nature of the attack.

"After detecting suspicious activity, as a precaution, we isolated our systems to ensure that the problem did not spread. This resulted in some IT systems being offline," the updated statement said.

"We have reverted to our business continuity processes and are using paper rather than digital in the areas affected. We are working closely with the national cybersecurity services and we are planning to return to normal services at the earliest opportunity."

Earth

Plastics Lobbyists Make Up Biggest Group at Vital UN Treaty Talks (theguardian.com) 34

Record numbers of plastic industry lobbyists are attending global talks that are the last chance to hammer out a treaty to cut plastic pollution around the world. From a report: The key issue at the conference will be whether caps on global plastic production will be included in the final UN treaty. Lobbyists and leading national producers are furiously arguing against any attempt to restrain the amount that can be produced, leaving the talks on a knife-edge.

New analysis by the Center for International Environmental Law (CIEL) shows 220 fossil fuel and chemical industry representatives -- more plastic producers than ever -- are represented at the UN talks in Busan, South Korea. Taken as a group, they would be the biggest delegation at the talks, with more plastic industry lobbyists than representatives from the EU and each of its member states, (191) or the host country, South Korea (140), according to the Centre for International Environmental Law. Their numbers overwhelm the 89 delegates from the Pacific small island developing states (PSIDs), countries that are among those suffering the most from plastic pollution.

Sixteen lobbyists from the plastics industry are at the talks as part of country delegations. China, the Dominican Republic, Egypt, Finland, Iran, Kazakhstan and Malaysia all have industry vested interests within their delegations, the analysis shows. The plastic producer representatives outnumber delegates from the Scientists' Coalition for an Effective Plastics Treaty by three to one. Approximately 460m tonnes of plastics are produced annually, and production is set to triple by 2060 under business-as-usual growth rates.

Government

FTC Launches Broad Microsoft Antitrust Investigation (reuters.com) 17

The FTC has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing business. Bloomberg first reported the news. Reuters reports: The probe was approved by FTC Chair Lina Khan ahead of her likely departure in January. The election of Donald Trump as U.S. president and the expectation he will appoint a fellow Republican with a softer approach toward business, leaves the outcome of the investigation up in the air.

The FTC is examining allegations that the software giant is potentially abusing its market power in productivity software by imposing punitive licensing terms to prevent customers from moving their data from its Azure cloud service to other competitive platforms, sources confirmed earlier this month. The FTC is also looking at practices related to cybersecurity and artificial intelligence products, the source said on Wednesday.

Businesses

Leica Just Recorded the Highest Revenue in Its Entire 100-Year History 36

PetaPixel: Leica Camera announced that its 2023/2024 fiscal year saw it achieve the highest revenue in the entire history of the company. It saw 14% growth to 554 million euros ($586.3 million) over last year's already spectacular 485 million euros.

Last winter, Leica announced that it had set a sales record for the 2022/23 financial year and it has shattered that achievement now in 2024. The company says it was able to build on its successful business and sustain the growth of its earnings. The biggest driver of the company's success remains unchanged: cameras. While Leica has bolstered its business with its Mobile Imaging segment (smartphone technology and partnerships), the core of its business remains stand-alone cameras and the support of photography.

Specifically, Leica says that the most potent revenue driver this year was the Leica Q3. However, it did not elaborate on sales numbers for this camera. 2024 is the best fiscal year so far in the almost 100-year history of the company and Leica says that this result confirms its "strategic alignment" of the Leica Camera Group as it continues to foster its core business as well as expansions into other markets.
Businesses

China Woos Western Tech Talent in Race for Chip Supremacy (msn.com) 82

Chinese companies are aggressively recruiting foreign tech talent as a key strategy to gain technological supremacy, prompting national security concerns across Western nations and Asia, WSJ reported Wednesday, citing multiple intelligence officials and corporate sources. The campaign focuses particularly on advanced semiconductor expertise, with companies like Huawei offering triple salaries to employees at critical firms like Zeiss SMT and ASML, which produce essential components for cutting-edge chip manufacturing.

These recruitment efforts intensified after Western export controls restricted China's access to advanced technology. While Taiwan and South Korea have implemented strict countermeasures, including criminal penalties for illegal talent transfers, the U.S. and Europe struggle to balance open labor markets with national security concerns.

Chinese firms often obscure their origins through local ventures and persistent recruitment tactics. The strategy has shown results: Former employees have helped Chinese companies advance their technological capabilities, including SMIC's development of 7nm chips with help from ex-TSMC talent.
Piracy

Italian Authorities Shut Down $3.2 Billion-a-Year Pirate TV, Streaming Ring (ft.com) 44

A piracy ring that gave 22 million subscribers in Europe cheap access to content stolen from international streaming services has been shut down by Italian authorities after a two-year investigation. From a report: The criminal enterprise used a complex international IT system to "capture and resell" live programming and other on-demand content from companies including sports broadcaster DAZN, Netflix, Amazon Prime, Paramount, Sky and Disney+, prosecutors said in a statement on Wednesday.

Authorities estimate the operation generated revenues of roughly $264.3 million a month [non-paywalled link], or $3.2 billion a year, and caused combined damages of more than $10.6 billion to the affected broadcast companies. "The rate of profit you get from these illegal activities with lower risk is equivalent to that of cocaine trafficking," Francesco Curcio, the criminal prosecutor who led the investigation, told reporters.

Businesses

Qualcomm Reportedly Loses Interest In Intel Takeover 51

Qualcomm's interest in acquiring Intel is cooling due to the complexity of the deal, Intel's debt, and regulatory hurdles. However, according to Bloomberg, Qualcomm may still explore acquiring certain divisions of Intel to expand into markets like PCs and networking. Tom's Hardware reports: [T]he proposed acquisition faced significant obstacles, including Intel's $50 billion debt, dropping CPU market share, and its struggling semiconductor manufacturing unit, an area where Qualcomm lacks expertise. A deal of this magnitude would also likely trigger extensive regulatory scrutiny, particularly in China, a key market for both companies.

Intel is undergoing significant restructuring under CEO Pat Gelsinger to reclaim its competitiveness in the semiconductor market in terms of products and process technologies. Still, for now, both Intel and Qualcomm are quite successful standalone companies. While the combination would make a formidable firm (probably facing unprecedented antitrust scrutiny), it does not make much sense for Qualcomm to make such a massive takeover. These factors have collectively made a complete takeover less appealing to Qualcomm. Meanwhile, selling off a part of the company to Qualcomm may not make sense for Intel.

Qualcomm aims to generate $22 billion in annual revenue by 2029 by expanding into markets like personal computers, networking, and automotive chips. Although Cristiano Amon, Qualcomm's chief executive, has stated that his company did not need a major takeover to achieve this goal, the company initiated preliminary discussions with Intel regarding a potential acquisition in September. Yet, it does not look like the deal is going to happen.
Businesses

Uber's Gig-Economy Workforce Now Includes Programmers (yahoo.com) 15

Uber's gig-economy workforce now includes programmers. According to Bloomberg, "The company is expanding beyond its rideshare roots to enter a hot new market: helping other businesses outsource some of their artificial intellgience development to independent contractors." From the report: Its new AI training and data labeling division, called Scaled Solutions, builds on an internal team that tackles large-scale annotation tasks for Uber's rideshare, food delivery and freight units. According to its website, Scaled Solutions has begun serving other companies that also need high-quality datasets. Clients include Aurora Innovation Inc., an Uber-backed firm that makes self-driving software for commercial trucks, and Niantic Inc., the game developer behind Pokemon Go.

Uber's efforts to sell data labeling services have not previously been reported. The move could allow it to gain a piece of a growing market, as global companies rely on humans to vet data to train AI models. Scale AI Inc, which offers similar services, is valued at $14 billion, making it one of the hottest artificial intelligence startups. The rideshare giant has plenty of experience recruiting contractors, as it has done for years with drivers and couriers. Now the company is betting that it can help other businesses by getting enough skilled workers who can label images, text and videos with context for machine learning models to recognize patterns and make accurate predictions and recommendations.

Businesses

OpenAI's Sora Video Generator Appears To Have Leaked 8

A group appears to have leaked access to Sora, OpenAI's video generator, in protest of what they're calling duplicity and "art washing" on OpenAI's part. From a report: On Tuesday, the group published a project on the AI dev platform Hugging Face seemingly connected to OpenAI's Sora API, which isn't yet publicly available. Using their authentication tokens -- presumably from an early access system -- the group created a frontend that lets users generate videos with Sora.
Intel

Intel's CHIPS Act Funding Cut By Over $600 Million (engadget.com) 25

The Biden administration is reducing Intel's CHIPS Act award by over $600 million, citing a $3 billion military contract the chipmaker was also awarded. Engadget reports: Initially set to receive $8.5 billion from the domestic silicon production bill, the company will get up to $7.85 billion instead. On Tuesday, The New York Times reported that Intel has extended some plant openings beyond 2030 government deadlines. Intel posted its biggest-ever quarterly loss last month after announcing 15,000 layoffs in August. The chip-maker's struggles have reportedly led some government officials to worry about its ability to deliver as a central component of the Biden White House's CHIPS Act.

Intel will receive at least $1 billion in CHIPS Act funding before the end of the year. The company plans to invest $90 billion in the US by the decade's end, a reduction from its initial goal of $100 billion in the next five years. The Commerce Department said the chip maker is still on schedule to invest the full $100 billion on projects in four states: Arizona ($3.94 billion), Oregon ($1.86 billion), Ohio ($1.5 billion) and New Mexico ($500 million).

Crime

Interpol Clamps Down on Cybercrime and Arrests Over 1,000 Suspects in Africa (apnews.com) 12

Interpol arrested 1,006 suspects in Africa during a massive two-month operation, clamping down on cybercrime that left tens of thousands of victims, including some who were trafficked, and produced millions in financial damages, the global police organization said Tuesday. From a report: Operation Serengeti, a joint operation with Afripol, the African Union's police agency, ran from Sept. 2 to Oct. 31 in 19 African countries and targeted criminals behind ransomware, business email compromise, digital extortion and online scams, the agency said in a statement.
Google

Google To Test Maps Removal in EU Hotel Search Amid Antitrust Pressure (reuters.com) 33

Google announced additional modifications to its European search results on Tuesday, following complaints from smaller competitors about traffic losses and amid potential EU antitrust charges under new tech regulations. The changes come as Google attempts to comply with the Digital Markets Act, which prohibits tech giants from favoring their own services and after hotels, airlines, and small retailers reported a 30% decline in direct booking clicks following recent platform adjustments.

Google's legal director Oliver Bethell said the new proposals include expanded search units offering equal formatting between comparison sites and supplier websites, along with new formats for competitors to display prices and images. The company will also test removing hotel map displays in Germany, Belgium, and Estonia. The Alphabet unit faces possible enforcement action from the European Commission, which began investigating potential DMA violations in March. Companies found breaching the regulations could face fines of up to 10% of their annual global revenue.
AI

AI Helps Indian Ecommerce Firm Cut Customer Call Costs By 75% (techcrunch.com) 41

An anonymous reader shares a report: Softbank-backed online shopping site Meesho has rolled out what it claims is the first GenAI-powered voice bot among Indian e-commerce firms for customer support, paring down some expenses by 75%. Meesho has more than 160 million customers in India, with 80% of them in smaller cities, towns and villages.

[...] The Bengaluru-based e-commerce startup said Tuesday its AI bot currently handles 60,000 customer calls daily in English and Hindi. The startup, which also counts Elevation and Prosus among its backers, plans to add support for six more Indian languages.

Security

Blue Yonder Ransomware Attack Disrupts Grocery Store Supply Chain (bleepingcomputer.com) 11

Blue Yonder, a Panasonic subsidiary specializing in AI-driven supply chain solutions, experienced a recent ransomware attack that impacted many of its customers. "Among its 3,000 customers are high-profile organizations like DHL, Renault, Bayer, Morrisons, Nestle, 3M, Tesco, Starbucks, Ace Hardware, Procter & Gamble, Sainsbury, and 7-Eleven," reports BleepingComputer. From the report: On Friday, the company warned that it was experiencing disruptions to its managed services hosting environment due to a ransomware incident that occurred the day before, on November 21. "On November 21, 2024, Blue Yonder experienced disruptions to its managed services hosted environment, which was determined to be the result of a ransomware incident," reads the announcement. "Since learning of the incident, the Blue Yonder team has been working diligently together with external cybersecurity firms to make progress in their recovery process. We have implemented several defensive and forensic protocols."

Blue Yonder claims it has detected no suspicious activity in its public cloud environment and is still processing multiple recovery strategies. [...] As expected, this has impacted clients directly, as a spokesperson for UK grocery store chain Morrisons has confirmed to the media they have reverted to a slower backup process. Sainsbury told CNN that it had contingency plans in place to overcome the disruption. A Saturday update informed customers that the restoration of the impacted services continued, but no specific timelines for complete restoration could be shared yet. Another update published on Sunday reiterated the same, urging clients to monitor the customer update page on Blue Yonder's website over the coming days.

AI

Tech Job Slump Hits Coding Bootcamp Graduates as AI Reshapes Industry (nytimes.com) 32

U.S. software developer job listings have plummeted 56% since 2019, according to CompTIA data, as coding bootcamp graduates face mounting challenges from AI tools and widespread tech industry layoffs.

For entry-level positions, postings have dropped even further at 67%. The downturn has forced several bootcamps to adapt or close. Boston's Launch Academy suspended operations in May after job placement rates fell from 90% to below 60%. Meanwhile, AI coding tools like ChatGPT and GitHub's Copilot are transforming the industry, with Google reporting that AI now generates over 25% of its new code.

"This is the worst environment for entry-level tech jobs I've seen in 25 years," said Menlo Ventures partner Venky Ganesan.

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