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eBay to cut 9% of its staff, its second round of layoffs this year

eBay will cut about 9% of its workforce, around 1,000 jobs, according to an internal memo from CEO Jamie Iannone first reported by Reuters. It follows 800 job cuts in February. eBay says it wants to focus on its fastest-growing areas. It reports results on 28 October. eBay will cut about 9% of its workforce, […]

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PHP knew about one of the flaws in 2024 but could not agree a fix

The PHP Foundation has given an unusually frank account of the emergency behind this week’s patches. It said it had found one of the two critical flaws two years ago, in 2024. Then it spent months unable to agree on how to repair it. The admission came in a blog post from the Foundation on […]

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Intel restarts its stalled US factory push as AI chip demand grows

Intel has started installing equipment at Fab 62, its new chip plant near Phoenix, which is due to open in early 2028. It has also put up the first major roof truss at its long-delayed Ohio site. The progress comes as demand for its data centre processors outpaces supply. Intel has started installing equipment at […]

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Anthropic could spend $750bn on compute, The Wall Street Journal reports

A new draft of Anthropic’s S-1, the prospectus for its IPO, puts its possible computing spend at $750bn over the coming years. That includes deals it is still negotiating. Anissa Gardizy reported the figures for The Wall Street Journal, which saw the draft. Echo Wang of Reuters also reviewed it and reported the loss and […]

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Orange outage cuts mobile calls and data for customers across France

Orange, the largest telecoms operator in France, lost much of its mobile network on Wednesday. From about 11:20 CEST, customers nationwide could not make calls, send texts or use mobile data, and by early afternoon the company had not named a cause. An Orange spokesperson told Reuters that the fault was causing major problems for customers […]

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EU opens Digital Services Act investigation into Booking.com over scams

The European Commission has opened an investigation into Booking.com over concerns that the platform is not doing enough to protect users from fake listings and phishing scams. Announced Wednesday, the probe will examine whether the travel booking site meets its obligations under the EU’s Digital Services Act (DSA), which requires large online platforms to tackle […]

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SpaceX revenue rises 161% to $14.6B as AI business overtakes Starlink

SpaceX made more money from artificial intelligence than from Starlink in the third quarter, as total revenue rose 161% to $14.6bn. The company also swung to a net profit of $4.4bn, from a $1.1bn loss a year earlier, according to its quarterly results, the second it has published since its listing. Both numbers beat Wall Street […]

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