What is PHP? The AI-detected bug prompting a global security scramble
3 outlets · 1 min ago
PHP is a widely used general-purpose scripting language that is geared toward web development, and it powers the vast majority of websites across the world
- Nikkei Asia: AI-detected PHP security flaws disrupt websites, spark warnings across Asia
- BBC: AI uncovered long-hidden programming flaws, triggering a rare global cyber-security response.
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Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances
3 outlets · 7 hr ago
Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Barclays is cutting 5,000 jobs as part of wider cost-saving plans that its bosses say are being driven by advances in AI.
- CNBC: U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.
- BBC: The bank says it is using more AI leading to a 5% reduction in its workforce.
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Double blow to Healey as inflation rises to 3.5% and monthly deficit hits £24bn
3 outlets · 1 d ago
Consumer prices rise by more than expected while government’s debt interest payments surge to record high for September Inflation surged to 3.5% last month while the government deficit was a worse-than-forecast £24.5bn,…
- BBC: Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
- Financial Times: Figure comes ahead of next week’s Budget and will cement expectations of Bank of England rate rise in November
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Millions in cheese revenue lost as protest hits Italy’s buffalo mozzarella output
2 outlets · 4 hr ago
A truckers’ protest in southern Italy has halted the production of the famed buffalo mozzarella, causing an estimated loss of €3 million (US$3.37 million) in just 24 hours as the milk cannot reach dairies in the Naples…
- Financial Times: Highway blockades lead to major disruptions in country’s south
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Burnham proposes plan to cut standing charges from gas bills
2 outlets · 1 d ago
The prime minister provided little detail, and there are questions over shifting the fees onto unit costs.
- Financial Times: Experts say providers would probably recover loss of daily fixed fee via the unit rate
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French borrowing costs hit 24-year high as civil unrest and budget fears spook markets
2 outlets · 1 d ago
Yield on 10-year government bonds passes 5% amid failure to pass budget and fallout from violent street protests France’s borrowing costs have climbed above 5% for the first time in 24 years as political concerns and…
- Financial Times: Concerns over public finances and political stability have helped push up 10-year bond yields from 3.2% in late February
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