Microsoft to cut 650 jobs at Xbox gaming unit

Microsoft to cut 650 jobs at Xbox gaming unit

Phil Spencer, executive vice president at Microsoft, speaks at the company’s Xbox One X reveal event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 11, 2017. Patrick T. Fallon | Bloomberg | Getty Images Microsoft on Thursday said it is cutting 650 roles at its Xbox gaming division, in the latest … Read more

Airbus Ventures launches $155 million fund focused on deep tech, space

Airbus Ventures launches 5 million fund focused on deep tech, space

Thomas d’Halluin, Managing Partner of Airbus Ventures, at Hangar One of NASA Ames Research Center’s Moffett Field in California. Airbus Ventures Airbus Ventures, one of the most prolific investors in space startups, has raised a $155 million fund that it plans to deploy across the burgeoning space sector, as well as the broader “deep tech” … Read more

JD Vance says he thinks Apple benefits from Chinese slave labor

JD Vance says he thinks Apple benefits from Chinese slave labor

Republican vice presidential nominee Ohio Sen. JD Vance on Thursday took a shot at Apple on CNBC’s “Squawk Box,” stating he thinks the company benefits from “slave labor” in China. His comment was part of a broader conversation about taxing companies that rely on manufacturing in China. “Do I think Apple is an evil company? No. Do … Read more

International team discovers new process for cells to repair DNA damage

International team discovers new process for cells to repair DNA damage

Credit: Cell (2024). DOI: 10.1016/j.cell.2024.08.020 A team of international researchers at the University of Oxford (Oxford) and NTU Singapore, has discovered a new process for repairing damaged DNA that is particularly relevant for patients undergoing colorectal cancer treatments. Reporting their finding in the journal Cell, the researchers describe a new process in DNA repair in … Read more

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Navient reaches 0 million settlement with CFPB for misleading student loan borrowers

Sopa Images | Lightrocket | Getty Images Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with student loan borrowers, the company tells CNBC. The CFPB sued Navient in 2017 for misleading borrowers and providing them with bad information, causing many to pay more than they needed … Read more

SpaceX performs historic first spacewalk with Polaris Dawn crew

SpaceX performs historic first spacewalk with Polaris Dawn crew

Polaris Dawn commander Jared Isaacman emerges from SpaceX’s Dragon capsule during a spacewalk on Sept. 12, 2024. SpaceX SpaceX pulled off its first spacewalk in the early hours of Thursday morning, in a historic first for a company. The marquee event of the private Polaris Dawn mission went smoothly, with two of the crew members … Read more

Noom to offer GLP-1 drug through new weight loss program

Noom to offer GLP-1 drug through new weight loss program

Digital health company Noom on Thursday announced it will offer a compounded GLP-1 drug as part of a new weight loss product that starts at $149.  The treatment will feature compounded semaglutide, the same active ingredient in Novo Nordisk’s blockbuster obesity and diabetes drugs Wegovy and Ozempic. Noom has offered weight loss programs for years, … Read more

Apple turns AirPods into hearing aids, focusing on big health market

Apple turns AirPods into hearing aids, focusing on big health market

Soon, people with AirPods in their ears might not be drowning you out — they might be wearing them to hear you better. Apple announced on Monday that its AirPods Pro 2 headphones will become an FDA-cleared hearing aid in the coming weeks through a software update. That means that adults with mild or moderate … Read more

Ryan Salame back in New York court over FTX fraud case plea deal

Ryan Salame back in New York court over FTX fraud case plea deal

Ryan Salame, the former co-chief executive of FTX Digital Markets, exits the Federal Court after sentencing in New York City, U.S., May 28, 2024.  Brendan Mcdermid | Reuters Former FTX executive Ryan Salame is back in court on Thursday, as Judge Lewis Kaplan looks for answers about the back-room dealings that led to Salame’s criminal … Read more

Personal carbon footprint of the rich is vastly underestimated by rich and poor alike, study finds

Personal carbon footprint of the rich is vastly underestimated by rich and poor alike, study finds

Credit: Pixabay/CC0 Public Domain The personal carbon footprint of the richest people in society is grossly underestimated, both by the rich themselves and by those on middle and lower incomes, no matter which country they come from. At the same time, both the rich and the poor drastically overestimate the carbon footprint of the poorest … Read more