The Next Web (1 hour ago)
eBay will cut about 9% of its workforce, around 1,000 jobs, according to an internal memo from CEO Jamie Iannone first reported by Reuters. It follows 800 job cuts in February. eBay says it wants to focus on its fastest-growing areas. It reports results on 28 October.
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Eindhoven-based Photon Bridge has raised €10M, co-led by the Amadeus APEX Technology Fund and 360 Capital, to build laser light sources for the optical links inside AI data centres. It plans first samples in 2027 and volume production from 2028.
Sydney-based Mary Technology has connected its litigation tool to Harvey, the $15.6B legal AI company. Lawyers drafting in Harvey can now draw on the facts, evidence and reviews their team has built up in Mary, including conflicting accounts.
Recursive makes the case that the benefits of using AI to build AI outweigh the risks.
Thousands of Wikipedia users are reporting that the site is down for them —here’s what we know about the outage so far.
“Corporate America has been very uneven in its ability to extract value from its AI models,” Griffin said at the Future of Global Markets Conference in New York on Tuesday.
Foursquare raised $411 million in funding according to PitchBook data, but its equity holders saw no returns from its final acquisition.
A German court has told Google it cannot keep showing people’s homes from above without their permission. The Frankfurt Regional Court ruled on Tuesday that the aerial and satellite views on Google Earth and Google Maps break Germany’s strict privacy laws.
The PHP Foundation has given an unusually frank account of the emergency behind this week’s patches. It said it had found one of the two critical flaws two years ago, in 2024. Then it spent months unable to agree on how to repair it.
Intel has started installing equipment at Fab 62, its new chip plant near Phoenix, which is due to open in early 2028. It has also put up the first major roof truss at its long-delayed Ohio site. The progress comes as demand for its data centre processors outpaces supply.
Government, hospital and university websites across Europe went dark on Wednesday. Operators pulled them offline to guard against two critical flaws in PHP, the programming language that runs a large share of the web.
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