Companies name AI as top reason for job cuts for second straight month: Analysis

Companies are increasingly citing artificial intelligence as justification for layoffs, according to a new analysis highlighting growing concerns about AI’s impact on the workforce. U.S.-based employers announced 83,387 job cuts in April, a 38 percent increase from March, according to a report released Thursday by Challenger, Gray & Christmas. Layoffs were still down 21 percent……

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Why China banning drone sales in Beijing?

China is to ban the sale of drones in Beijing and permits will be required to fly them under new rules that take effect on Friday. Drones and key components will be prohibited from being sold, rented or brought into the Chinese capital. Drone owners will also be required to register their devices with the…

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