Suspected sabotage of European undersea cables shows just how vulnerable these critical lines are to attack
Danish naval patrol vessels monitoring a Chinese bulk carrier suspected of involvement in damaging undersea cables. Last month, an underwater data cable between Finland and Germany and another between Lithuania and Sweden were discovered cut within a day of each other. The damage to the cables, which European officials said appeared deliberate, highlights just how…
Everything we know about the ‘mystery drones’ spotted over the East Coast
White House National Security Communications Adviser John Kirby said there is no evidence the drones are of foreign origin. Dozens of unidentified aircraft, at least some of which appear to be drones, have been spotted flying at night over New Jersey and other nearby states since mid-November, sparking concern from local officials and speculation among…
Klarna CEO says the company stopped hiring a year ago because AI ‘can already do all of the jobs’
Klarna CEO Sebastian Siemiatkowski said AI “can already do all of the jobs” humans do. Klarna CEO Sebastian Siemiatkowski is all-in on artificial intelligence at the fintech company. In an interview with Bloomberg TV, Siemiatkowski said he’s “of the opinion that AI can already do all of the jobs that we as humans do.” “It’s…
6 signs you might be getting promoted, according to an HR executive with 36 years of experience
6 signs you might be getting promoted, according to an HR executive with 36 years of experience This as-told-to essay is based on a transcribed conversation with Michael Doolin, CEO of Clover HR and former human resources director at PwC, British Airways, and DPD in Ireland. The following has been edited for length and clarity.…
Jaffray Woodriff and Quantitative Investment Management would like to reintroduce themselves
Jaffray Woodriff is excited about what’s next for QIM. Jaffray Woodriff, the face of $1.1 billion Quantitative Investment Management, is stepping back into the spotlight. The firm, which fell from $5 billion in assets a decade ago thanks to a stretch of underperformance, has been quiet—likely too quiet. When contacted for this story, a few…
The deals 4 tech bankers think the ‘AI arms race’ could drive in 2025
Goldman Sachs’ Jung Min, Bank of America’s Neil Kell, Axom Partners’ Brandon Hightower and Alan Bressers AI offers the promise of a dealmaking gold rush in years to come, and investment bankers are looking to cash in on deals involving data and infrastructure companies selling the proverbial pickaxes and shovels. “Everybody’s rightly caught up in…
Why the last bears on Wall Street are worried about the stock market in 2025
It’s hard to find a beaIt’s hard to find a bear in the chorus of bullish forecasters, but a few analysts are still worried about 2025. Wall Street’s 2025 stock market outlooks are out, the mood is overwhelmingly bullish. With many firms pivoting from prior bear calls and turning optimistic after this year’s rally, there…
The winner of the robotaxi race will come down to a few players. Here’s why.
Waymo is one of the frontrunners of robtoaxi race, offering the public more than 100,000 rides, according to the company. General Motors’ white flag in the robotaxi race on Tuesday just made the autonomous ride-sharing competition much smaller in the US, showing how challenging it can be for companies, even with the capital, to compete…
We toured Disney’s newest cruise ship. These are its 11 coolest amenities, from a Jungle Cruise lounge to ‘Moana’ and ‘Mulan’ cafés
Disney Cruise Line’s coming 4,000-guest Disney Treasure has several firsts for the brand, including some amenities exclusive to adults. It’s time to grab your Mickey-printed swimsuit: Disney Cruise Line is bringing back the magic of its movies and theme parks to the high sea with its sixth cruise ship, the coming 4,000-guest Disney Treasure. Treasure…
