Tag: Elon Musk
Tech Digest daily roundup: 10 million JD Sports customers hit in cyber-attack
Sportswear chain JD Sports has said stored data relating to 10 million customers might be at risk after it was hit by a cyber-attack. The company said information that "may have been accessed" by hackers included names, addresses, email accounts, phone numbers, order details and the final four digits of bank cards. The data related…
Tech Digest daily roundup: Microsoft to cut 10,000 jobs
Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5% of its global workforce and cost the business $1.2bn (£972m) in severance and reorganisation costs. Microsoft chief executive Satya Nadella said that while customer spending had grown during Covid, more people were…
Tech Digest daily roundup: Woman to pay damages for ‘time theft’
A woman in Canada has been ordered by a civil tribunal to pay damages to her former employer for "time theft" after she was caught claiming for unworked hours by tracking software. Karlee Besse, who was a home-based company accountant in British Columbia, initially argued she had been wrongfully sacked and sought $5,000 (£3,056) compensation…
Tech Digest daily roundup: Sales of AR and VR headsets drop 12%, data claims
Worldwide shipments of virtual and augmented reality headsets dropped 12% to 9.6 million this year according to data from CCS Insight - a problem for Meta and other tech companies that are invested in the digital worlds' potential. VR headset sales in the U.S. also slumped 2% from a year earlier to $1.1 billion as of…
Tech Digest daily roundup: Tesla shares plunge once again
Shares in Tesla plunged by more than 8 per cent in early trading on Tuesday as Elon Musk’s erratic Twitter ownership appeared to weigh heavily on the electric vehicle maker. Tesla stock had cratered to under $113 by 12pm, setting a new 52-week low, and has lost more than two-thirds of its value since Mr Musk first offered…
Tech Digest daily roundup: Virgin Orbit set to launch first space mission on UK soil
Image: Virgin Orbit The first space mission on British soil is due for lift-off in the coming weeks after the regulator granted licences. Virgin Orbit has been awarded licences to operate the UK's first space launch. The Civil Aviation Authority (CAA) said entrepreneur Sir Richard Branson's company demonstrated it has "taken…
Tech Digest daily roundup: Toyota boss says ‘silent majority’ concerned by EVs
Nearly 2,700 Toyota bZ4X SUV EVs had to be recalled earlier in the year. Image: Toyota A “silent majority” of car companies is concerned that electric vehicles will not alone be able to end reliance on fossil fuels, according to a senior Toyota executive. Akio Toyoda, the company's president and grandson…
Tech Digest daily roundup: Twitter users vote for Elon Musk to step down
Twitter users have voted in favour of Elon Musk stepping down as the platform's chief executive after the billionaire ran a poll on his future. A total of 57.5% voted "yes" after Mr Musk asked his 122 million followers whether he should stand down. Mr Musk, who bought Twitter for $44bn (£36bn), said before the…
Tech Digest daily roundup: Ford teases medium-sized crossover EV
Moving forward in its plans for an electric future — and further abandoning its stalwart models like the Fiesta and Focus — Ford is teasing a bit more information on a “medium-sized” crossover due to be launched next year in Europe. No naming official details as yet on what the German-made model might be called, but it…
Tech Digest daily roundup: Oppo latest to launch foldable phones
Image: Oppo Chinese companies seem really keen to get their phones out before the end of the year, as hot on the heels of the Xiaomi 13 launch, there’s now the Oppo Find N2 and Oppo Find N2 Flip – two new foldable phones designed to compete with the Samsung Galaxy Z Fold 4 and Samsung Galaxy Z…