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CrowdStrike layoffs to hit 500 staff as firm targets strategic AI shift
Security giant CrowdStrike has revealed it will lay off 500 workers as part of “strategic plans” to reach $10 billion in annual recurring revenue (ARR) — with hopes AI can help get it there. CrowdStrike made headlines last summer after a defect in an update dramatically knocked offline a wide range of businesses using Microsoft software. That global IT failure…
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Cyber attacks are costing UK firms billions every year – ransom payments, staff overtime, and lost business are crippling victims
Cyber attacks are costing UK businesses £64 billion a year in ransom payments, staff overtime, lost business, and other associated costs. Research from cybersecurity firm ESET shows that 53% of UK businesses have fallen victim to at least one attack over the last year, with 43% saying that it’s had a long-term impact on business growth. The top three most…
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More than a third of UK tech leaders admit they’ve cut staff in favor of AI – but now they regret making hasty redundancies
With the threat of AI-related job losses growing, a significant portion of tech leaders fear they may have created longer-term problems by cutting staff in favor of the technology, new research shows. Analysis from Orgvue found that 39% of business leaders in the UK made employees redundant as a result of AI adoption last year, but of those more than…
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Texas school district notifies 47K students and staff of data breach that leaked SSNs, credit cards, and more
Alvin Independent School District over the weekend confirmed it notified 47,606 people about a June 2024 data breach that compromised the following personal info: Names Social Security numbers Credit and debit card numbers Financial account numbers Medical info Health insurance info State-issued ID numbers such as driver’s licenses and passports The Texas attorney general reported the breach on its website…
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This tech company wants to pay staff to look after their mental and physical wellbeing
Stress and burnout in the technology sector have become major issues, with workers across a raft of professions reporting higher workloads, longer hours, and rising mental health problems. One company wants to change that, however, and incentivize staff to prioritize their mental wellbeing. London-based technology firm Thrive has unveiled the launch of its ‘Wellness Era’ initiative, which aims to reward…
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EU equips US-bound staff with burner phones – Computerworld
The European Commission has issued so-called burner phones and simple laptops to certain staffers traveling to the US to reduce the risk of espionage, according to The Financial Times. The Commission issued the new guidelines to commissioners and senior officials traveling to the International Monetary Fund and World Bank spring meetings next week. The EU has in the past used…
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‘AI is coming for your jobs. It’s coming for my job too’: Fiverr CEO urges staff to upskill or be left behind
Fiverr CEO Micha Kaufman warned staff over the potential impact of AI on jobs, urging them to upskill and adapt amidst the rise of the technology. In an internal memo sent to some 700 staff and subsequently published on social media, Kaufman said employees should take steps to future proof their careers in the long term. “I’ve always believed in…
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ICO admits it’s too slow dealing with complaints – so it’s eying up automation to cut staff workloads
The UK’s data protection authority has apologized for being slow to respond to data protection complaints, saying it’s been overwhelmed by increased workloads. In the last quarter of 2024, the Information Commissioner’s Office (ICO) responded to just 12% of complaints within 90 days, figures show, well down on its 80% target. The figure was 65% at the beginning of last…
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Amazon Spring Sale deals on Verge staff favorites
Whenever Verge staffers are asked to describe their smart tech, office tools, kitchen gadgets, or whatever else, they talk about things they recently bought, things they picked up 10 years ago, or things they’ve had sitting around their house for decades. We’ve gathered a few of the items that our staffers have enthused about in the past that they use…
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Scale of Dell job cuts laid bare as firm sheds 10% of staff in a year
Dell Technologies’ workforce has reduced significantly in recent years, figures show, with headcount at the tech giant dropping by 10% in 2025 alone. The fall in employee numbers isn’t a surprise given Dell announced job losses back in August. Dell Technologies attributed these cuts to its current sharpened focus on AI, with the company reorganizing teams and fueling investment in…
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