Food production giant Cargill is slashing about 8,000 jobs from its global workforce as grocery prices continue to drop. The Minnesota-based company, which is America’s largest privately held firm and the world’s largest agricultural commodities trader, claims the cuts are part of a “long-term strategy” set earlier this year. Cargill’s business model relies on distributing … Read more
US consumers spent a record-breaking $13.3 billion on Cyber Monday, shattering last year’s sales and capping off a five-day spending spree that smashed previous records. The total spending for the five days from Thanksgiving Day to Sunday reached $41.1 billion, an 8.4% increase from last year. Despite concerns about inflation, holiday discounts proved effective in … Read more
British alt-rock band Sports Team was robbed at gunpoint on Tuesday morning outside a Starbucks in Vallejo, California. The band members were alerted to the incident when a woman shouted “Get down!” and encouraged people to stay inside for their safety. Fortunately, none of the band’s musical equipment was stolen, allowing them to continue with … Read more
A technical issue has caused a website to become unavailable due to an excessive number of requests. The site is currently experiencing high traffic, which has led to the error message “429 Too Many Requests” appearing on its homepage. The cause of this issue is not yet known, but it is believed to be related … Read more
NASA has successfully restored communication with its farthest spacecraft, Voyager 1. The 47-year-old spacecraft, which is now 15.4 billion miles from Earth, had been silent for several months due to a power issue that caused its transmitter to shut down. The problem was resolved in early November, and the X-band transmitter has been successfully activated … Read more
French lawmakers will hold a no-confidence vote in Prime Minister Michel Barnier’s fragile minority government on Wednesday, which is expected to pass. Economists warn that the lack of a fresh 2025 budget would set the country’s deficit higher, spur higher bond yields, and deter international investors. The political turbulence comes as Germany heads for its … Read more
A recent check on the website adage.com revealed that it needs to review its security connection before proceeding. The site is prompting users to enable JavaScript and cookies to continue. This indicates a potential issue with the website’s security measures, which may impact user experience and data protection. Source: https://adage.com/article/digital-marketing-ad-tech-news/chatgpt-maker-openai-hires-coinbases-kate-rouch-first-cmo/2594261
A new species of ancient human, Homo juluensis, has been discovered in China. The name “big head” is derived from the skull’s large size. Researchers have identified this species based on fossils found at Xujiayao and Xuchang sites in northern and central China, dating back 220,000 to 100,000 years ago. The discovery sheds light on … Read more
The Federal Trade Commission (FTC) has extended its crackdown on data brokers, unveiling settlements with two major firms that will prohibit them from selling users’ sensitive location data. In a move seen as significant for data privacy, the FTC settlements mark one of Lina Khan’s last big actions as chair of the agency. As her … Read more
The foldable phone market has been struggling, with shipments of folding displays decreasing for the first time in 2024. According to a report from Digital Supply Chain Consultants (DSCC), demand for foldable displays decreased by 38% year-on-year in the third quarter of 2024. This decline comes despite several well-received flagship foldable releases this year, including … Read more