Checchi Capital Advisers LLC cut its holdings in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 17.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,417 shares of the semiconductor company’s stock after selling 3,149 shares during the quarter. Checchi Capital Advisers [...]
ProXpense partners Pine labs to launch corporate pre-paid cards on AI platform
NEW YORK, Feb 4 (Reuters) - Amazon was once the upstart running ahead of Walmart with its revolutionary e-commerce business. It now finds itself betting on the kind of mega-store typically associated with its Bentonville, Arkansas, rival.
119,000 clerical roles, largely held by women, could be displaced over the next decade. Rigid and automated CV screening is reportedly sidelining mid-career women. Failure to fix the digital skills gap could cost the UK more than £10bn in growth.Women working in tech and financial services could be at greater risk of losing their jobs to artificial intelligence and automation than their male colleagues, according to a report by the City of London Corporation. The findings suggest that experienced women are also being overlooked for digital roles because of what the report describes as rigid hiring processes.The governing body of the Square Mile found that so-called “mid-career” women, those with at least five years’ experience, are being passed over for digital positions in sectors where they are already underrepresented. Automated and narrowly designed CV screening systems are reportedly failing to account for career breaks linked to caring responsibilities or alternative professional paths.The report estimates that around 119,000 clerical roles in the tech and financial and professional services sectors could be displaced by automation over the next decade. These roles are predominantly carried out by women. If employers instead chose to reskill affected staff, companies could potentially avoid redundancy payments totalling up to £757m, the report found.Automation risk meets hiring barriersThe report paints a picture of a double challenge. On one hand, clerical roles seen as vulnerable to automation are shrinking. On the other, women attempting to move into digital or technical positions are reportedly being filtered out before they even reach interview stage.It found that upskilling staff and focusing on potential rather than past technical experience could help address both problems. Around 60,000 women in tech are estimated to leave their roles each year due to factors such as lack of career progression, limited recognition and inadequate pay.At the same time, talent shortages persist. More than 12,000 digital vacancies in tech and financial and professional services went unfilled in 2024, according to the findings. Companies have attempted to tackle shortages by offering wages above the national average, but the report suggests higher pay alone will not resolve the issue.A widening skills gapThe digital talent gap is forecast to continue until at least 2035. Under that scenario, the UK could miss out on more than £10bn in economic growth, the report warns.Dame Susan Langley, Lord Mayor of the City of London, reportedly said: “By investing in people and supporting the development of digital skills within the workforce, employers can unlock enormous potential and build stronger, more resilient teams,” as quoted in a news report. She added that focusing on talent and adaptability would help ensure the UK remains competitive in digital innovation.Concerns about AI-related job losses are not limited to women. A recent poll by recruitment company Randstad found that up to a quarter of UK workers fear their jobs could disappear within five years because of AI. Union leaders have reportedly urged companies to commit to investing in workforce skills and training.For now, the report suggests the risk is unevenly distributed. Women in clerical and non-technical roles appear to be more exposed to automation, while barriers in hiring may be preventing them from transitioning into the very digital roles companies say they cannot fill.
As AI’s energy consumption surges, concerns over its environmental impact grow. However, AI also offers solutions — optimising data centre cooling, managing smart grids, and reducing industrial energy waste. This article explores how AI-driven efficiency can help counterbalance its own power demands, creating a path toward more sustainable energy use. AI-driven efficiency: Mitigating the carbon [...]The post The AI-energy paradox: Will AI spark a green energy revolution or deepen the global energy crisis? — Part 2 appeared first on e27.
Acemagic introduces the Matrix Mini M5, a compact mini PC powered by Intel’s 14th-generation Core HX processors. The company lists the device on its official website and opens pre-orders. It comes in two variants: Core i9-14900HX and Core i7-14650HX, both featuring 32GB of DDR4 RAM and a 1TB SSD. The Core i7 version is priced [...]The post Acemagic launches Matrix Mini M5 Mini PC with Intel 14th-gen HX CPUs & compact design appeared first on Gizmochina.
A.P. Moller – Maersk (Maersk) has taken delivery of the first vessel in a new series consisting of six mid-size vessels. The delivery took place at Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, where the vessel was named Tangier Mærsk. ‘’We are pleased to take delivery of Tangier Mærsk, marking the first of six vessels ...
While the rest of us collapse into Netflix and doom-scrolling after work, the world's most successful people are secretly using their downtime to activate specific neural pathways that psychology shows separate high achievers from everyone else.
Home Chef, HelloFresh and Blue Apron have dominated the meal kit space for years. Here's why this lesser-known service has them all beat.
Samsung Display is set to begin mass production of the world’s first 8th-generation OLED panel series in May, a move that is expected to pave the way for Apple’s first OLED-equipped MacBooks later this year. According to a report, the new A6 OLED series will supply display panels for future MacBook models, marking a major shift in Apple’s laptop display strategy.
The right case can take your tablet to the next level. These are our favorite iPad Air cases from brands including Apple, Burga, and Logitech.
In this interview, e27 speaks with Stella Seohyeon Kim, COO and Co-Founder of CoBALT, a company building AI-native systems that help organisations turn everyday interactions into tangible business opportunities. Through its flagship product REALIZER.ai, CoBALT operates at the intersection of sales, business development, and operations, offering a grounded perspective on how AI is being embedded [...]The post AI Pulse Exclusive: How CoBALT is designing AI that teams can actually trust appeared first on e27.