Etsy cuts 12% of workforce to create 'flatter, faster teams' despite beating Q2 earnings expectations
Online artisan marketplace Etsy has announced plans to lay off approximately 220 employees, reducing its global headcount by 12% to around 1,600 workers. The restructuring was disclosed alongside the company’s second-quarter financial results, which beat Wall Street expectations across key revenue and sales metrics. Editorial credit: gguy / Shutterstock According to SEC filings and employee memos, the role reductions will be concentrated primarily in Etsy’s Product and Engine
Reflect Orbital’s plan to beam sunlight from space at night faces opposition from environmentalists
A coalition of environmental organizations, dark-sky advocates, and legal non-profits has formally petitioned the Federal Communications Commission (FCC) to reverse its recent approval allowing California-based startup Reflect Orbital to deploy a space-based mirror satellite. Image: Reflect Orbital The legal challenge aims to halt the company’s plans to launch its inaugural demonstration spacecraft, Eärendil-1, which is engineered to beam reflected sunlight down to Earth duri
Executive exodus at Google DeepMind triggers industry doubts over Gemini's competitive edge
A high-profile wave of executive departures and leadership restructurings at Google DeepMind has sent shockwaves through the artificial intelligence sector. The sudden exit of foundational researchers, combined with CEO Demis Hassabis stepping away from day-to-day management, has prompted industry analysts and investors to question whether Alphabet can maintain its footing against OpenAI and Anthropic in the race for frontier AI models. Editorial credit: gguy / Shutterstock H
ExfilSquad hackers dump contact details of 100,000 UK police officers and staff online
A cyber extortion campaign targeting UK law enforcement and government bodies has escalated after the threat actor group ExfilSquad leaked a massive contact directory containing personal details of over 100,000 police officers, force staff, and criminal justice workers. The breach centers on the Police National Legal Database (PNLD), an online legal information resource hosted by West Yorkshire Police and utilized by Home Office forces across England and Wales. Scope of the E
New Mexico judge brands Meta a 'Public Nuisance' and imposes $567 million penalty
In one of the most severe judicial rulings against Big Tech over youth safety, a New Mexico state court has ordered Meta to pay $567 million into a dedicated teen mental health fund. The decision follows a finding that Facebook and Instagram's engagement-driven algorithms created a "public nuisance" by contributing to adolescent mental health crises and exposing minors to exploitation. Editorial credit: mundissima / Shutterstock The ruling caps the bench-trial phase of a laws
