2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.  Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.  The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals. “Excess profits in the AI era...

Israelis Outraged After Govt Sent Vital Arrow Missiles To Germany Mid-Iran War There's growing outrage and political division in Israel after news emerged that the government and defense ministry fulfilled a weapons contract with Germany, sending vital Arrow air defense missiles to Berlin during the middle of the Iran war. At the very moment the missiles were being delivered, Israeli citizens were dying under Iran's fierce ballistic missile retaliation attacks during the height of Operation Epic Fury. Source: Israel Aerospace Industries/UPI The Jerusalem Post has "confirmed that Israel continued to send Arrow missiles to...

UAE Will Be Pounded If US Invades, Iranian Officials Warn Via Middle East Eye Tehran believes the United Arab Emirates is playing an active role in the US-Israeli war on Iran and any ground invasion could lead to widespread attacks on Emirati state assets, two senior Iranian sources told Middle East Eye. A month into the conflict, which has battered global markets, Donald Trump is weighing whether to use ground troops to seize strategic islands in the Strait of Hormuz in an attempt to stop Iran from disrupting energy supplies. Attention has particularly focused on Kharg Island, the...