Skip to main content

Rare light aircraft crash in Beijing kills pilot, injures 13 people

A light aircraft crash into Beijing's tallest building on Friday killed ​the pilot and injured 13 people who were not on ‌board, the local government said following the unusual accident for the Chinese capital, where airspace is heavily restricted. Those injured are receiving medical treatment and authorities are ​investigating the incident, Chaoyang district government said in a statement ​on Saturday. "A single-engine, two-seat light sport aircraft collided with ⁠a high-rise building while flying near the East third ring road ​in Chaoyang, at 5:55pm (0955 GMT) on June 26," said the ​statement, which was posted on social media. "There was only one person on board, the pilot, who died," the statement added, without giving any further details of ​the possible cause of the crash. Damage to the facade of the ​skyscraper appeared to be limited to a hole caused by the loss of ‌two ⁠large glass panels. The gap had been temporarily boarded up as ...
Post a Comment

Intel to lay off 20% of global workforce

Intel Corporation is planning to lay off more than 20% of its global workforce this week as part of a major restructuring strategy under newly appointed Chief Executive Officer Lip-Bu Tan, according to a report by Bloomberg News, citing a source familiar with the matter. The cuts are aimed at reducing bureaucracy, flattening the company’s organisational structure, and refocusing on engineering-led innovation. The exact number of affected employees and timeline for implementation have not been officially disclosed, though the move could impact tens of thousands across Intel’s global operations. Intel has not responded to media requests for comment. The job reductions would represent the second large-scale layoff at the company in less than a year. In August 2024, Intel announced plans to cut 15% of its workforce—approximately 15,000 employees—as part of a broader $10 billion cost-reduction initiative. This latest round marks the first significant operational move by CEO Lip-Bu Tan, who assumed the role in March 2025. Tan previously served as CEO of Cadence Design Systems and was a board member at Intel until mid-2024. His appointment follows a turbulent period for Intel, which reported a $19 billion loss in 2024—its first annual loss since 1986. Tan has outlined a strategic shift focused on simplifying Intel’s internal processes, removing layers of middle management, and realigning the company’s artificial intelligence and chip manufacturing roadmaps. During a recent employee town hall, Tan emphasised that “tough decisions” would be necessary to turn the company around. Sources indicate that Tan is also restructuring Intel’s leadership hierarchy. Key business units, particularly in chip design and manufacturing, now report directly to the CEO as part of a push to improve execution and speed up decision-making. Intel has faced increasing pressure from competitors in the semiconductor space, particularly Nvidia and Arm, both of which have made significant gains in AI and data centre markets. Intel’s previous efforts to reposition itself as a global chip foundry have been challenged by execution delays and high operational costs. Industry-wide, the tech sector continues to experience large-scale workforce reductions. According to Layoffs.fyi, more than 23,500 workers have been laid off across 93 companies in the tech industry so far in 2025. Google, Microsoft, Meta, and other major firms have also announced new rounds of cuts in efforts to streamline operations and reprioritise AI development. Intel is scheduled to report its Q1 2025 earnings on Thursday. Market analysts will closely watch the results and any accompanying guidance for insight into the company's cost structure, restructuring progress, and competitive positioning in the chip sector.

from Latest World News, International News | Breaking World News https://ift.tt/WZAGQvc
Labels:

Comments

Post a Comment

Popular posts from this blog

At least 32 miners dead after bridge fails at cobalt site in southeast DR Congo

A bridge collapsed at a cobalt mine in southeast Democratic Republic of Congo killing at least 32 wildcat miners, a regional government official said Sunday. The bridge came down Saturday onto a flooded zone at the mine in Lualaba province, Roy Kaumba Mayonde, the provincial interior minister, told reporters. He said 32 bodies had been recovered and more were being searched for. The DRC produces more than 70 percent of the world supply of cobalt, which is essential for batteries used in electric cars, many laptop computers and mobile phones. More than 200,000 people are estimated to be working in giant illegal cobalt mines in the giant central African country. Local authorities said the bridge collapsed at the Kalando mine, about 42 kilometres (26 miles) southeast of the Lualaba provincial capital, Kolwezi. "Despite a formal ban on access to the site because of the heavy rain and the risk of a landslide, wildcat miners forced their way into the quarry," said Mayonde. He said ...
Post a Comment
Read more

Indian devotees splurge on jets, gold idols as Hindu temple opens

The private jet parking lots at airports near the Indian city of Ayodhya are full and the shops have run out of gold-plated idols, as wealthy devotees prepare for the invite-only opening ceremony of one of Hinduism's holiest temples. Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. The construction of the temple, which began after the Supreme Court awarded the site to Hindus in 2019 more than two decades after a Hindu mob razed a mosque there, triggering deadly riots, fulfils a key campaign promise of Modi and his Hindu nationalist party. Read BJP-promised temple transforms Ayodhya: Muslims, locals feel neglected The opening ceremony, organised by the trust that built the temple, comes months before a national election which the ruling Bharatiya Janata Party is widely expected to w...
Post a Comment
Read more

Vancouver tribunal says 'every dog is entitled to one bite' in injury case

A woman who sought nearly $5,000 in damages after being bitten by a dog on Christmas Eve has had her claim dismissed, after a British Columbia tribunal ruled the incident amounted to an accident — and that “every dog is entitled to one bite.” Ying Shen was bitten on the hand by a mini Australian Shepherd named Juliet as she stepped out of an elevator in her apartment building in Vancouver on 24 December 2022. The dog, which was leashed and accompanied by neighbour Jeffrey Dale Polo, bit Shen as the two passed each other in the corridor. According to the B.C. Civil Resolution Tribunal’s decision, Polo apologised, saying Juliet was “usually well behaved.” Shen sought medical attention that night at St. Paul’s Hospital, where she was treated for a superficial abrasion and given a tetanus shot. She later filed a report with the City of Vancouver. A bylaw officer determined that Juliet was not considered dangerous under city regulations, though the dog was found to be unlicensed. In his 5 M...
Post a Comment
Read more