• 23andMe is laying off 40% of its employees and cancelling all its research work.  (BBC)
  
  The company has been on a downward spiral since it was hacked and information for nearly seven million users stolen.  This did not include genetic data, but did include family trees and other personal information.
  
  
  
• AMD meanwhile laid off 4% of its employees.  (WCCFTech)
  
  AMD is doing well overall but specific business units are lagging.

• Not announcing layoffs was TSMC, which instead reported that it is running at 100% capacity for 5nm and 3nm production.  (WCCFTech)
  
  Even Intel is using TSMC for its latest chips while it works on getting its 1.8nm technology into production.
  
  
  
• What if AI doesn't just keep getting better forever?  (Ars Technica)
  
  It isn't.  It won't.  Even the Ars commentariat is laughing at this sudden realisation that AI is a bubble:

  Anybody want a celebratory slice of glue pizza?

  
  
  
• The AI hype bubble is, if not bursting, then certainly deflating.  (Slack)
  
  While still popular at the CEO level, among workers excitement has cooled by 9% in the US and 12% in France - compared to just three months ago.
  
  
  
• Microsoft is killing the Mail and Calendar apps in Windows 11.  (The Verge)
  
  Back to Outlook it is.
  
  And they still have a better track record than Google.
  
  
  
• The hackers who breached AT&T's data at analytics company Snowflake have been arrested.  (Tech Crunch)
  
  AT&T was just one of 165 Snowflake customers who saw their data hacked on a massive scale.
  
  Last I saw, Snowflake was still blaming 165 individual customers for allowing their Snowflake accounts to be hacked.
  
  
  

Posted by: Joe Redfield at Thursday, November 14 2024 04:28 AM (KOtXO)

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