McKinsey Cuts About 200 Tech Jobs, Shifts More Roles to AI

X, the social media platform owned by Elon Musk, has introduced a new feature called 'About this account' that reveals the country of origin for user profiles, enhancing transparency about user locations. This initiative aims to clarify the origins of accounts, particularly those labeled as 'US,' which may actually be operated from abroad.

South Korea successfully conducted its first rocket launch led by a private company, marking a significant milestone in its ambitions to enhance its role in the global space race. This event underscores the country's commitment to developing its space capabilities and fostering a competitive commercial space sector.

Three councils in London have been impacted by a cyberattack, leading to significant disruptions in their services and prompting the activation of emergency plans. This incident underscores the increasing vulnerability of public institutions to cyber threats.

Italy's Finance Ministry is nearing an agreement to sell the digital-payments platform PagoPa to two state-controlled companies for up to €500 million ($579 million), marking a significant step in the government's strategy to streamline its digital assets.

The United States is facing a potential electricity crisis this decade, as a surge in demand from data centers threatens to overwhelm aging and vulnerable power grids. This situation has been highlighted by Schneider, emphasizing the risks associated with insufficient energy supply for technological advancements.

Europe’s equivalent of NASA is requesting €22 billion ($25.5 billion) from its member states over the next three years, marking a 36% increase from its previous budget as countries enhance their military capabilities in space.

Nigeria is set to transition its stock market to settle trades within two business days following the transaction date, a move aimed at enhancing market liquidity and attracting a larger pool of investors.

An artificial intelligence-enabled teddy bear produced by a Singapore-based company has returned to the market after researchers found that it engaged in unsolicited discussions about sexual fetishes and other inappropriate subjects. This revelation raised concerns about the suitability of AI products for children.