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Rumors of a job market downturn were, it appears, greatly exaggerated.Why it matters: A robust December employment report suggests the labor market is heating up — or at least not meaningfully cooling — as 2025 begins.Catch up quick: The jobless rate fell, employers added to their payrolls, a larger share of the adult population was…
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Germany’s cybersecurity agency reported on Thursday that at least 30,000 internet-connected devices sold across the country were infected with pre-installed malware known as BadBox.
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Darragh, the fourth named storm of the season, is also expected to bring heavy rain through the weekend, with more than 100 flood warnings and alerts in place across the UK – Copyright AFP Tobias SCHWARZ
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CNN reports that investigators “are trying to crack the mystery of how two undersea internet cables in the Baltic Sea were cut within hours of each other.” But there’s now two competing viewpoints, “with European officials saying they believe the disruption was an act of sabotage and U.S. officials suggesting it was likely an accident.”…
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The strikes come at a time where Ukraine has been on the retreat against Russia’s soldiers – Copyright UKRAINIAN EMERGENCY SERVICE/AFP Handout
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A roadside vegetable market in Cairo — as Egypt implements IMF economic reforms, middle class purchasing power is eroding – Copyright AFP/File Khaled DESOUKI
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The Bank for International Settlements (BIS) announced its departure from Project mBridge, a central bank digital currency (CBDC) initiative developed in partnership with the People’s Bank of China and the central banks of Hong Kong, Thailand, Saudi Arabia, and the UAE.
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Volkswagen is planning an unprecedented restructuring that could include thousands of job cuts – Copyright AFP/File PEDRO PARDO
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Consensys is reducing its workforce by 20%, a move designed to streamline operations and reinforce its leadership in the web3 space, according to an Oct. 29 release.
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Endpoint Protection Platforms (EPP) , Endpoint Security , Managed Detection & Response (MDR)
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The Register’s Jessica Lyons reports: Apple wants to shorten SSL/TLS security certificates’ lifespans, down from 398 days now to just 45 days by 2027, and sysadmins have some very strong feelings about this “nightmarish” plan. As one of the hundreds that took to Reddit to lament the proposal said: “This will suck. My least favorite…
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Sam Reeves with Sebastien Ash in Berlin The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount.
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Republican presidential candidate Donald Trump’s economic plan relies on tariffs to raise revenue and target countries which he says have been ‘ripping us off’ – Copyright AFP/File Jim WATSON
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“They are laying off the old people who were hired under Pavel Durov. People who were hunted from Tesla, they have been in VK for 13 years.”
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Bitcoin (BTC) is up 5.4% over the past seven days, fueled by the US Federal Reserve’s 50 basis point interest rate cut. However, industry analysts are still divided on the direction Bitcoin will take in the coming weeks of the fourth quarter.
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McGill University’s student union announced Monday that its Board of Directors made a split decision to revoke the club status of the pro-Palestinian group Solidarity for Palestinian Human Rights (SPHR) after sustained pressure from the university administration and threats of funding cuts.
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The US Federal Reserve could cut interest rates by as much as 50 basis points – Copyright AFP MANDEL NGAN
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Elon Musk has agreed to lead up a commission on reducing federal spending in a potential second Trump administration – Copyright AFP/File Lionel BONAVENTURE