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BBCNEWS Asia July 5, 2024



a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to a tech sector expert, who told me snap s quarterly results are quite dire. if you looked up disaster in the dictionary, you d see snap s earnings. they continue to be in trouble. they re on the outside looking in another black eye quarter for snap, especially the advertising team. the surge in tech lay offs in 2024 would suggest there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across. most of the job cuts are in the rear review mirror, i think, but it shows we re in a fork in the road period in tech where the strong are getting stronger. how does ai play into that fork in the road? ai is ....

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BBCNEWS World July 5, 2024



to return to offices. last year was the first year that the app, which has become synonymous with ride hailing in many markets, became profitable. let s talk about this more now with our north america business correspondent, erin delmore. is this a simple case of more people getting out there and calling ubers? or is there more to it than that? there is a little bit more to it than that. the number of people hailing right and the rights to hailing right and the rights to hailing app. the other component is food delivery. we are measuring all the many that comes into drivers, whether it s from people wanting cards or food to getting cars, and get over to them. this is notable because not only was the holiday season very kind to cuba with great results in the fourth quarter of the year, but they were showing operating profits over the last three consecutive quarters. let s contrast that with other tech companies and what we have seen in their rebound since the pandemic. a ....

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CNNW The July 5, 2024



that does it for us, the news continues. the source with kaitlan collins, starts now. tonight, straight from the source, we have exclusive new information on the january 6th investigation, special counsel jack smith has another key witness. and she is about to join us live. plus, the fbi director coming face to face with some of his harshest critics during what turned out to be a tense hearing on capitol hill, blasting republican claims of bias against conservatives has, quote, insane. but some democrats did not give him a pass either, and a lawmaker who was their will join us. also, mending fences. a high stakes sit down between president biden and president zelenskyy, ending on a high note tonight. after tensions had been simmering about nato membership. how are they able to smooth things over? a top white house official will tell us about it. i am kaitlan collins. and this is the source. tonight, we have cnn exclusive report. reporting. the special counse ....

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BBCNEWS Asia July 5, 2024



the 528 employees who were sacked join a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to tech sector expert, dan ives, who told me snap s quarterly results look rather bleak. if you looked up disaster in the dictionary, you d see snap s earnings. and this just continues to be the trouble. they re on the outside looking in another black eye quarter for snap, especially this the advertising team. the surge in tech lay offs in 2024 would suggest that there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger. the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across path. i think most of these job cuts are in the rear review mirror, but itjust shows we re going into a fork in the road period for tec ....

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CNNW The July 5, 2024



tonight straight from the source. we have exclusive new information on the january 6th investigation. special counsel jack smith has another key witness and she s about to join us live. plus, the fbi director coming face to face with some of his harshest critics during what turned out to be a tense hearing on capitol hill. blasting republican claims of bias against conservatives as, quote, insane. some democrats didn t give him a pass either and a lawmaker who was there will join us. also, menning fences. a high stakes sitdown between president biden and president zelenskyy ending on a high note tonight after tensions have been simmering about nato membership. how were they able to smooth things over? a top white house official will tell us about it. i m kaitlan collins. this is the source. tonight we have cnn exclusive reporting. the special counsel s team that is investigating efforts to overturn the 2020 election has now interviewed michigan secretary of state ....

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