The FAA launched its SMART airspace-routing system on Thursday, followed by a nationwide ground stop the next day. DHS Secretary Markwayne Mullin addressed the disruption, saying AI involvement could not be ruled out while preferring “S.I.” terminology. The incident coincided with a continuing global Microsoft cloud outage, intensifying public concern and anxiety.
Tag Archives: Money
One in Four Microserfs Offered Early Retirement
Holy shit. Microsoft is offering voluntary buyouts to about 60,000 employees … while pouring money into artificial intelligence. If I have that right, the potential redundancies amount to nearly 27% of Redmond’s current headcount. I want to say something, but I find myself struck dumb. The bond market really is terrifying, isn’t it? Source: Microsoft:Continue reading “One in Four Microserfs Offered Early Retirement”
Whoah! WTF?!?
This is absolutely nuts. I’m sure it’s going to have serious ramifications on the west coast, especially in Southern California. Thousands of information technology workers contracting with US companies have for years secretly sent millions of dollars of their wages to North Korea for use in its ballistic missile program, FBI and Department of JusticeContinue reading “Whoah! WTF?!?”
Leo on the Sunny Pod
Just a typical tirade.
Silicon Valley Bank’s Collapse Causes Strain for Young Companies – The New York Times
Having worked in the banking sector and having seen up-close how tightly regulated the industry is, I’m somewhat surprised that this sort of thing can happen at a retail bank. On Friday, Roku, the TV streaming company, said in a filing that roughly $487 million of its $1.9 billion in cash was tied up withContinue reading “Silicon Valley Bank’s Collapse Causes Strain for Young Companies – The New York Times”
