Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Tesla announces new employee incentives for warfighters

Published

on

Many major Western companies have withdrawn from Russia in a show of solidarity for Ukraine

Elon Musk confirms Tesla car prices are on the rise
Elon Musk

But some have even gone as far as supporting Ukrainian employees who wish to defend their motherland.

Tesla has stepped up their support for Ukraine by announcing that any Ukrainian employees who are asked to return to defend their country will receive pay for at least three months.

This statement was sent by the company via email to employees in Europe, the Middle East, and Africa.

It’s still unknown whether this will apply to employees in North America and other regions as well.

Once these three months are over, Tesla will reassess the war in Ukraine to decide on what more should be done to help the situation and Ukrainian employees.

The email also commended employees for working with Space X, another one of Elon Musk’s companies, to help establish the Starlink satellite internet service in Ukraine.

Tesla’s energy team was highly involved in the project, assembling and providing battery energy storage systems known as Tesla Powerwalls to run the Starlink equipment.

Inverters and charging cables were also donated by Tesla’s certified installers in the area for the construction of the Starlink and Powerwall systems.

AC cables were also recycled at Tesla’s new factory.

Tesla does not currently operate in Ukraine but there are about 5,000 Tesla owners within the country

So for those who do own an electric vehicle, Tesla is now offering free vehicle charging at some of its Supercharger stations in Poland, Hungary, and Slovakia.

This comes as Ukraine’s President Volodymyr Zelensky requested for reservists to come forward to fight for Ukraine, back in February.

Of course, there are other businesses also altering their operations in the wake of the Eastern European war.

General Motors and Ford suspended their business in Russia not long after Russian forces invaded Ukraine.

One automaker Stellantis even established a support team to support and monitor the wellbeing of the company’s employees based in Ukraine.

We’re now anticipating a response from other companies.

Continue Reading

Leaders

Meta initiates layoffs, prioritizing AI focus, efficiency

Meta begins layoffs targeting low performers, aiming to trim 5% of workforce for AI investment amidst industry-wide efficiency drive.

Published

on

Meta begins layoffs targeting low performers, aiming to trim 5% of workforce for AI investment amidst industry-wide efficiency drive.

In Short

Meta is laying off about 4,000 employees, or 5% of its workforce, as part of a shift towards AI and greater efficiency. This move, part of a broader trend in Big Tech, has raised employee fears about job security and a culture of fear under CEO Mark Zuckerberg.

Meta has initiated significant layoffs, impacting thousands as the company pivots towards AI investment and efficiency.

CEO Mark Zuckerberg aims to eliminate around 5% of the workforce, equating to nearly 4,000 employees. This decision aligns with a broader trend among Big Tech firms to streamline operations after extensive hiring during the pandemic.

Reports indicate employee anxiety regarding these changes, with some claiming a culture of fear under Zuckerberg’s leadership. Concerns include the potential reputational damage for employees laid off under performance-based criteria.

Affected workers in the US will receive severance packages, including 16 weeks of pay plus additional compensation based on service length. Nonetheless, some employees fear that innocent parties could face cuts to meet corporate quotas, hindering workplace morale.

The layoff strategy will target employees receiving low performance ratings, with management instructed to identify up to 15% eligible for cuts. Notifications will occur across different time zones to affected employees via email, with access to company systems revoked shortly thereafter.

European employees in specific countries will follow local regulations, which may alter the process.

As part of restructuring, Meta is consolidating teams, particularly merging Facebook and Messenger groups. The Reality Labs division is being realigned with the main business to reverse previous organizational changes.

Continue Reading

Leaders

Breakthrough app detects sleep issues in the blink of an eye

OptAlert launches free iPhone test for detecting sleep issues, utilising AI to screen for obstructive sleep apnea with high accuracy.

Published

on

Optalert launches free iPhone test for detecting sleep issues, utilising AI to screen for obstructive sleep apnea with high accuracy.

In Short

Australian company Optalert has launched a free iPhone app, Owl Eye, that detects sleep issues by analysing users’ blink patterns and screening for obstructive sleep apnea with 96.6% accuracy. The app is currently available in Australia and New Zealand, with plans for wider release.

Australian company Optalert has introduced a free iPhone test for detecting sleep issues.

The app differs from traditional sleep trackers by assessing users while awake, requiring only ten minutes to complete.

It focuses primarily on screening for obstructive sleep apnea (OSA) and is backed by data from leading Australian sleep laboratories.

An AI-based algorithm, developed from this data, classifies individuals with a remarkable 96.6% accuracy regarding OSA.

Optalert is currently pursuing regulatory certification to operate as a medical device across various regions, including the US, Europe, and China.

The app functions by analysing users’ blink patterns during a concentration task facilitated by the iPhone’s camera, disregarding video content to ensure privacy.

This technology helps identify impairment due to insufficient oxygen during sleep.

Those receiving a positive result can seek further diagnosis and treatment for their sleep issues.

The app, named Owl Eye, is currently available on the Apple App Store in Australia and New Zealand, with plans to expand its reach shortly.

Paul Zubrinich, Chief Marketing Officer of Optalert provides his involvement with the app and shares insights on the technology behind Owl Eye.

In the broader context of sleep technology, the trend indicates increasing accessibility to personal health data previously confined to clinical settings, promising advancements in sleep health.

Continue Reading

Leaders

World leaders, CEOs gather at Paris AI summit

World leaders and CEOs converge at Paris AI summit to discuss advancements and the future of technology.

Published

on

World leaders and CEOs converge at Paris AI summit to discuss advancements and the future of technology.

In Short

World leaders and CEOs met in Paris to discuss the rapid advancements and implications of artificial intelligence. The summit focused on collaboration, ethical guidelines, and strategies to prepare for an AI-driven future.

World leaders and CEOs convened in Paris at an AI summit to discuss the rapid advancements in artificial intelligence.

The event brought together key figures from various sectors to explore the implications of AI technology.

Topics of discussion included the potential benefits of AI, regulatory frameworks, and ethical considerations around its deployment.

Participants highlighted the need for collaboration between governments and the private sector to harness AI responsibly.

The summit aimed to foster dialogue on the challenges and opportunities presented by AI advancements.

Continue Reading

Trending Now