Research published this year has given a name to something employers have been circling for a while. Deskilling is what happens when an expert stops practising and gets worse. Never-skilling is what happens when a novice never gets good in the first pl…
Fidji Simo announced her departure from OpenAI’s senior leadership the way many people learn hard news about their own bodies, gradually and then all at once. In a message on Thursday, she said a three-month medical leave had not gone as hoped, that re…
Italy’s postal service has spent a century and a half moving letters, parcels and pension payments around the country. Now it wants to move data. Poste Italiane, which still hands out state pensions through roughly 12,600 branches, has cast itself as a…
Every organization has two technology environments. The one that IT built, documented, and maintains visibility over, and the one that employees assembled around it to get their work done faster. The second environment is shadow IT, and in most enterpr…
John Deere owners can finally fix their own machines. The US Federal Trade Commission and five states have reached a settlement with the tractor giant that forces it to share the software and tools needed for repairs, the Associated Press reported. It …
The pitch for enterprise AI usually starts with the model. Mark Hura, Oracle‘s president of global field operations, wants to flip that. He spoke on stage at the RAISE Summit in Paris. The companies winning with AI, he argued, are not shopping for an A…
Oxylabs has raised $130M from private equity firm Warburg Pincus. It is the company’s first outside investment since it launched in 2015. The deal values the Vilnius-based data infrastructure firm at around $3.6bn. Oxylabs announced the raise on Thursd…
Block, the payments company chaired by Jack Dorsey, has agreed to pay $45 million to settle claims from 46 US states that it mishandled fraud on Cash App, its money-transfer and digital-banking app. The settlement is the latest sign that state regulato…
SK Hynix’s American listing has been more than seven times oversubscribed, according to people familiar with the deal, a sign of heavy demand for one of the largest share sales Wall Street has fielded from a foreign company. The South Korean memory-chi…
Qube Research & Technologies, one of London’s largest quantitative hedge funds, is doing something that would once have looked heretical for a firm built on code: it is hiring humans to pick stocks. The move, reported by Business Insider, places th…