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BBCNEWS Asia July 5, 2024



a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to a tech sector expert, who told me snap s quarterly results are quite dire. if you looked up disaster in the dictionary, you d see snap s earnings. they continue to be in trouble. they re on the outside looking in another black eye quarter for snap, especially the advertising team. the surge in tech lay offs in 2024 would suggest there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across. most of the job cuts are in the rear review mirror, i think, but it shows we re in a fork in the road period in tech where the strong are getting stronger. how does ai play into that fork in the road? ai is ....

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BBCNEWS World July 5, 2024



to return to offices. last year was the first year that the app, which has become synonymous with ride hailing in many markets, became profitable. let s talk about this more now with our north america business correspondent, erin delmore. is this a simple case of more people getting out there and calling ubers? or is there more to it than that? there is a little bit more to it than that. the number of people hailing right and the rights to hailing right and the rights to hailing app. the other component is food delivery. we are measuring all the many that comes into drivers, whether it s from people wanting cards or food to getting cars, and get over to them. this is notable because not only was the holiday season very kind to cuba with great results in the fourth quarter of the year, but they were showing operating profits over the last three consecutive quarters. let s contrast that with other tech companies and what we have seen in their rebound since the pandemic. a ....

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CNNW Erin July 4, 2024

Much in to our viewers. Thanks very much for watching. The news continues next on cnn outront next, breaking news, were learning new details about the conditions Alexey Navalnys team says must be agreed upon in order for the opposite Mission Leaders body to be released. Details that include a secret funeral, plus breaking news. We are on the surface, a us spacecraft touching down on the moon for the first time im in 50 years. But the condition of that spacecraft is still unknown as were standing by for the first images and pay up federal judges ruling the my pillow ceo must pay a Software Expert who debunked his election lies 5 million. The man was supposed to be getting that money is my i guest. Lets go out for good evening. Im jim sciutto in tonight for erin burnett and
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BBCNEWS Asia July 5, 2024



the 528 employees who were sacked join a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to tech sector expert, dan ives, who told me snap s quarterly results look rather bleak. if you looked up disaster in the dictionary, you d see snap s earnings. and this just continues to be the trouble. they re on the outside looking in another black eye quarter for snap, especially this the advertising team. the surge in tech lay offs in 2024 would suggest that there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger. the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across path. i think most of these job cuts are in the rear review mirror, but itjust shows we re going into a fork in the road period for tec ....

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FOXNEWSW Fox July 5, 2024



their government and its agencies to protect it. but are they really doing that? there s growing evidence that equal justice in the u.s. is beingl justhe eroded, replacd with a system of selective and political prosecutionsed wi agencies like the fbi and the department of justice are agg citizenss they re supposed to protect. under president biden, the justico e department s prosecuted a number of his direct political rivals. there s noe m more obvious exal than donald trump. of course. he s been federally indicted ina the classified documents probe. now, to be clear, you can disagreer with tru with trump ss and believe what he did was wrong. d wai do. but this is a president s main opponent and his allies, like steve bannon, peter navarro, rudy giuliani, they ve all been targeted varro ru, too.oper and maybe that s all right and proper, but it s in the interestin the of democracyy least question it. many believe these agencies have become unaccountable and too powerf ....

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