Tech

05 Sep

Honeywell’s quantum computing firm inches closer to a pivotal step for investors

MediaCatalystTech
Honeywell's quantum computing firm inches closer to a pivotal step for investors Honeywell announced Thursday that its quantum computing company, Quantinuum, has raised another $600 million in funding at an approximately $10 billion valuation . The latest round sets the privately held firm up for a highly anticipated initial public offering . In July, Honeywell CEO Vimal Kapur said that the company is looking to bringQuantinuum public in 2027 . Quantum computing technology is still in the early innings and a ways off from widespread commercial use . Read full story: Source
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05 Sep

Boeing hires replacement workers as defense unit strike enters second month

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Boeing hires replacement workers as defense unit strike enters second month Boeing is hiring new workers to replace employees in its defense unit as their strike enters a second month without a new contract agreement . The workers assemble and maintain F-15 fighter jets as well as missile systems . IAM Union International President Brian Bryant: "Let's get back to the negotiating table" Read full story: Source
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05 Sep

How Gen Z workers are reshaping corporate norms as they return to office

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How Gen Z workers are reshaping corporate norms as they return to office Young workers are coming to the office more than all other age groups, a recent global study by real estate firm JLL found. Keeproll | E+ | Getty Images As Gen Z workers return to the office, they're reshaping corporate norms by embracing AI, normalizing mental health chats, and being more authentic at work. Born between 1997 and 2012, many Gen Zers entered the workforce during the pandemic, navigating their first jobs amid remote work arrangements, uncertainty and rapid change. Some top business leaders linked the rise…
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05 Sep

AI skills are in high demand — and employers are willing to pay a premium for them

MediaCatalystTech
AI skills are in high demand — and employers are willing to pay a premium for them A new study identified a surge in demand for AI skills, but also higher average pay for jobs that required them . Job postings that mentioned at least one AI skill advertised salaries 28% higher on average than those that listed none, representing roughly $18,000 more per year . Read full story: Source
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05 Sep

RFK Jr. casts doubts on vaccines, clashes with Democrats over Covid shot access

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RFK Jr. casts doubts on vaccines, clashes with Democrats over Covid shot access Robert F. Kennedy Jr. doubled down on false claims about vaccines and claimed he isn't limiting access to Covid shots . Kennedy said he supports a statement made by a member of a key government vaccine panel that mRNA vaccines pose a dangerous risk to people . He also claimed that anyone could get a Covid booster shot, while acknowledging that access "depends on the state" Read full story: Source
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05 Sep

Lululemon shares plunge as earnings guidance falls well short of estimates

MediaCatalystTech
Lululemon shares plunge as earnings guidance falls well short of estimates Lululemon shares plunged in extended trading Thursday after the company gave a much worse than expected full-year outlook . The company topped second-quarter earnings estimates but slightly missed revenue expectations . It said it expected tariffs to hit its full year profits by $240 million . CEO Calvin McDonald will be interviewed exclusively on CNBC's "Squawk on the Street" on Friday . Read full story: Source
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05 Sep

Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe

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Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe President reiterates warning that he will soon impose "fairly substantial" tariffs on semiconductor imports from companies that do not shift production to the U.S. Trump made the comments Thursday night during a dinner at the White House with more than two dozen major tech leaders . Read full story: Source
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