Author: Press Room

PayPal said Tuesday it plans to lay off about 2,000 employees, or roughly 7% of its staff, making it the latest tech firm to announce significant job cuts in recent months amid broader economic uncertainty. In a memo to staff announcing the layoffs, PayPal CEO Dan Schulman referred to the “challenging macro-economic environment” and said the company “must continue to change as our world, our customers, and our competitive landscape evolve.” Much of the tech industry is cutting costs in response to a shift in pandemic-fueled demand for digital services and economic headwinds, including rising interest rates and fears of…

Andrew Bosworth AKA Boz, an advertising expert for Facebook, gives a talk at the Online Marketing Rockstars marketing trade show in Hamburg, Germany, 03 March 2017. Photo: Christian Charisius/dpa | usage worldwide (Photo by Christian Charisius/picture alliance via Getty Images)Christian Charisius | picture alliance | Getty ImagesMeta technology chief Andrew “Boz” Bosworth, one of Facebook’s earliest employees, wrote on his personal blog over the weekend that the company was more focused in its initial days, and he described some of the problems that come with getting big.In a post titled “Focus,” Bosworth contrasted the years of startup life, when he…

Sex and the City’s Carrie Bradshaw, famously portrayed by Sarah Jessica Parker, may be known for extensive Louboutin and Manolo collection—but when it comes to handbags, she’s a devoted Fendi Baguette gal. Over the years, Carrie has worn many of the purses on the hit HBO series. Remember that episode in season three when she’s robbed at gunpoint over one? “Give me your bag,” the robber says. “It’s a baguette,” quips Carrie. She’s continued to wear them in the And Just Like That reboot, and recently carried a purple sequined style. (Parker also released a special Baguette capsule collection with Fendi…

D3sign | Moment | Getty ImagesIt’s tax season, and Americans are confronted by a lot of tax jargon when preparing their returns.Two types of tax breaks stand out among all the lingo: credits and deductions.Each lowers your tax liability, which is the total annual tax owed on your income. (That figure can be found on line 24 of Form 1040, the IRS form for individual income tax returns.)However, credits and deductions reduce tax liability in different ways. Here’s how.More from Smart Tax Planning:Here’s a look at more tax-planning news.Tax credits offer a dollar-for-dollar reduction in liabilityA tax credit offers a…

Morsa Images | Digitalvision | Getty ImagesIf you worked from home in 2022, you may be wondering if you qualify for the home office deduction, which offers a tax break for part of your home expenses.Remote work was an option for 10.6% of workers in 2022, with higher percentages among tech, legal and other occupations, according to a December report from the U.S. Bureau of Labor Statistics. But most employees aren’t eligible for the home office deduction, according to Brad Sprong, national tax leader of KPMG Private Enterprise. You may, however, qualify as a contractor or with a side business, with income…

Source: YouTube

Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho.Kevin Dietsch | Getty Images News | Getty ImagesArtificial intelligence research startup OpenAI on Tuesday introduced a tool that’s designed to figure out if text is human-generated or written by a computer.The release comes two months after OpenAI captured the public’s attention when it introduced ChatGPT, a chatbot that generates text that might seem to have been written by a person in response to a person’s prompt. Following the wave of attention, last week Microsoft announced a…

Source: YouTube

Source: YouTube

Two large pieces of space debris – an old rocket body and a military satellite – nearly collided on Friday. LeoLabs, a private company that works to track satellites and objects in low Earth orbit, tweeted that, had the objects hit each other, the collision would have resulted in thousands of fragments that would have “persisted for decades.””Too close for comfort… Two large, defunct objects in #LEO narrowly missed each other this morning — an SL-8 rocket body (16511) and Cosmos 2361 (25590) passed by one another at an altitude of 984 km,” the company said. The company said its radar tracking…