Panasonic To Cut Costs To Support Shift Into AI
Panasonic will cut its costs, restructure underperforming units and revamp its workforce as it pivots toward AI data centers and away from its consumer electronics roots, the company said on Tuesday. The Japanese conglomerate aims to boost profits by 300 billion yen ($1.93 billion) by March 2029, partly by consolidating production and logistics operations.
Bloomberg reports that CEO Yuki Kusumi has declined to confirm if the company would divest its TV business but said alternatives were being considered. The Tesla battery supplier plans to integrate AI across operations through a partnership with Anthropic, targeting growth in components for data centers.
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Christie Brinkley, 71, is writing a memoir that will dish on her romance with Billy Joel and 'inspire others'
The entrepreneur says she wrote the book to 'inspire readers to create the life they want.' HarperCollins announced the title of the book is Uptown Girl and will be published by imprint Harper.
Why do celebs pose in hospital beds with their surrogate babies? Stars have faced backlash for 'Handmaid's Tale-style' snaps with infants another woman has given birth to
Famous faces who've welcomed children by surrogacy often share their first precious moments with their newborns on social media, including cradling them in a hospital bed.
Matchmakers reveal the shocking requests men make when they are looking for a girlfriend
Matchmaker Blaine Anderson shocked X (formerly Twitter) when she revealed that some men specifically ask for women to have certain 'body counts.'
Bridget Jones's Leo Woodall reveals being 'catapulted' to fame was 'terrifying' after he admitted objectification in his roles left him feeling 'vulnerable and exposed'
The 28-year-old actor's latest role sees him play Bridget Jones' toy boy Roxster in the upcoming installment
How burglary gangs are using one simple tactic to steal millions from the rich and famous in a VERY exclusive neighbourhood... and did a beloved TV show give them the idea?
For centuries the delights of Richmond Green have drawn the rich, the royal and well-to-do to this corner of the capital. Today, the area is pulling in a very different crowd.
Kelsey Grammer reveals why he really was in a 30 year feud with Cheers co-star Ted Danson
Grammer, 69, appeared on Danson's, 77, podcast Everybody Knows Your Name , which he co-hosts with Woody Harrelson , back in October where they talked over their issues.
Scientists discover new 'wonder supplement' that could supercharge your memory and concentration
Indian researchers tested the supplement in an experiment on 80 participants between the age of 18 and 55 half of who were given a 300mg dose and other half a placebo.
Expect to see 3 handbag trends all over the high street in 2025
Who doesn't love shopping for handbags? Whether your budget is more Mulberry or Mango, the right accessory can elevate a basic outfit to street style-snap worthy.
Heartstopping moment basejumper throws himself off 500ft skyscraper before being confronted by disbelieving police
The man, whose identity is unknown, shocked onlookers when he appeared at the top of the under construction One Eastside tower block Birmingham city centre.
Concerns raised after water quality drops at popular Essex beach
The local open water swimming group have raised concerns about the water quality
Vital warning signs of deadly pancreatic cancer that doctors missed in tragic Essex woman - who died months after her diagnosis
Speaking now in order to raise awareness of the disease, which is often caught too late due to its subtle symptoms, the family said they wanted everyone to be aware of the potential signs.
Americans Kiss Job Hopping Goodbye
Americans quit 39.6 million jobs in 2024, an 11% drop from 2023 and 22% below the 2022 peak, Labor Department data showed Tuesday, signaling an end to the post-pandemic job-switching frenzy. The monthly quit rate fell below pre-pandemic levels as workers faced diminishing options in a cooling labor market. Available positions per unemployed worker dropped to 1.1 from 2 in March 2022, while hiring declined to a monthly average of 3.5% in 2024 from 4.4% in 2021.
Total hiring fell to 66 million in 2024 from 71 million in 2023, though the job market remained stable. The unemployment rate held at 4.1%, with economists expecting steady job growth in Friday's upcoming labor report. The Conference Board's latest survey showed fewer respondents viewing jobs as plentiful compared to the early 2020s, with more reporting difficulties finding work.
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Pictured: Pensioner, 75, who died after having 'every bone in his face broken' while confronting youth vandalising car outside his home
Former bricklayer Anthony Jacob, 75, had stepped out of his home in Weymouth, Dorset to confront a man said to have been damaging a vehicle.
NFL fans call for Super Bowl boycott over black national anthem as Trump's election reignites debate over 'divisive' performance
'Lift Every Voice and Sing' is traditionally sung during the pregame festivities at the NFL's big game, but has sparked huge controversy in recent years - particularly with conservative politicians.
Inside El Salvador's hellhole prison as Trump flirts with idea of sending America's most violent inmates there
The notorious prison complex, which houses some of the country's most dangerous gang members, could end up taking in deportees from the United States.
What happens when you try to hide on a cruise ship, according to crew members (and people who've tried it!)
'Heavyflute4' asked Reddit: 'Redditors who have tried to hide on your cruise when it ended so that you could stay on the ship for the next round, how did that go?' We reveal the answers...
Google patches odd Android kernel security bug amid signs of targeted exploitation
Also, Netgear fixes critical router, access point vulnerabilities
Google has released its February Android security updates, including a fix for a high-severity kernel-level vulnerability, which is suspected to be in use by targeted exploits.…
Prince Edward and Sophie, Duchess of Edinburgh, appear in bright spirits as they kick off their first-ever trip to Nepal
The Duke and Duchess of Edinburgh appeared in great spirits as they arrived in Nepal for their first visit to the Himalayan nation. Prince Edward and Sophie, both 60, arrived separately to the country
Michael Schumacher's close friend and former boss Jean Todt gives rare insight on his 'regular' visits to see stricken Formula One legend, 12 years after his horror skiing accident
Michael Schumacher 's former boss Jean Todt has opened up on his relationship with the Formula One icon after his horror skiing accident in 2013.