Micro AI Sentry Guns May Be Next Layer Of Defense For Data Centers Against Kamikaze Drones

Xbox Hit With 3,000 Layoffs After CEO Warns Business Is "Not Healthy" Xbox CEO Asha Sharma issued a dire warning to staff on Monday: "Our business today is not healthy. We must reset Xbox." Sharma's memo, first published on the Xbox website, announced cuts of 3,200 jobs tied to Microsoft's Xbox division, or equal to about 20% of staff, as deteriorating margins and disappointing Game Pass subscriptions have forced the unit into a major restructuring effort. The 3,200-job reduction will be split into two waves: the first 1,600 layoffs will begin...

Companies Report Raging Inflation, Except In Wages & Rents Authored by Wolf Richter via Wolf Street, Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New York-Northern New Jersey region. These are averages, but “some firms reported increases of between 25% and 50% when they renewed their coverage,” the report said. Manufacturers and service firms both reported that the costs...

Sweden Seizes Another Suspected Russian 'Dark Fleet' Tanker, Despite US Easing Sanctions Washington has eased sanctions on countries buying Russian oil in connection with the Iran war and Strait of Hormuz crisis, an easing welcomed by the Kremlin, but which has caused angst and anger among pro-Ukraine campaigners. The US waiver is active for a month, and applies to crude which has has been floating at sea and thus was unable to be sold. However, this hasn't stopped some European countries from moving against tankers without proper registration and flags. Illustrative file imagec Sweden,...