AFP
13875 articles published since 08 Mar 2022
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UK food delivery app to axe more than 1,700 jobs
Food delivery platform Just Eat Takeaway unveiled plans Tuesday to axe more than 1,700 mostly courier jobs in Britain, as it slashes costs in the wake of huge annual losses. Just Eat Takeaway said its UK division will stop employing its own couriers -- and instead will only use self-employed gig economy workers.
Google opens chatbot Bard for testing in US and UK
Google on Tuesday invited people in the United States and Britain to test its AI chatbot, known as Bard, as it scrambles to catch up with Microsoft-backed ChatGPT. Bard, ChatGPT and other similar apps churn out essays, poems or computing code on command, though they come with warnings that the information they create can be incorrect or inappropriate.
Swiss brace for major job losses after Credit Suisse buyout
Tens of thousands of jobs could disappear in Switzerland following UBS's emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for banking staff. "Directly or indirectly, tens of thousands of jobs are potentially threatened," the Swiss Trade Union Federation (SGB) warned in a statement Tuesday.
TikTok says half of Americans use site as ban threat looms
TikTok CEO Shou Zi Chew said Tuesday that US user numbers had soared to 150 million -- almost half the total population -- as he prepared to fight at US Congress for the Chinese owned site's future.
US home sales bounce in February, ending 12-month slide
Sales of existing homes in the United States made their biggest monthly jump since 2020 in February, ending a year of declines according to industry data released on Tuesday. As of end-February, total housing inventory was 980,000 units, identical to January and up from a year ago, said the association.
Italy orders probe into TikTok over dangerous content
Italy's competition watchdog said Tuesday it had opened an investigation into video app TikTok for failing to enforce its own rules on removing "dangerous content" related to suicide and self-harm.
US banking sector 'stabilizing' after turmoil: Yellen
The US banking sector is "stabilizing" after the recent failures of Silicon Valley Bank and Signature Bank rattled the industry, Treasury Secretary Janet Yellen will tell a summit Tuesday, according to prepared remarks.
EU raids energy drink maker Red Bull in antitrust probe
EU antitrust investigators have raided energy drink maker Red Bull over suspicions it abused its dominance in the wildly popular market, officials said Tuesday. Red Bull said EU Commission officials "visited our premises" on Monday.
Credit Suisse tells Hong Kong clients to 'embrace new reality'
Days after it was rescued in an emergency buyout, Credit Suisse gathered hundreds of clients in an upscale Hong Kong hotel on Tuesday for a glitzy investment conference where they were told to "embrace the new reality".
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