eBay to Cut 9% of Workforce

eBay plans to cut about 1,000 jobs, or 9% of its workforce, as CEO Jamie Iannone moves to redirect resources toward the company’s fastest-growing businesses. Reuters reports: The company had 12,300 employees at the end of last year. It also let go about 6% of its workforce, or 800 employees, in February as part of efforts to streamline operations. EBay has set itself apart from rivals by pushing into authenticated luxury goods, collectibles and refurbished products, which draw enthusiasts willing to pay more for valuable items. That has helped its shares rise nearly 40% this year, outperforming the benchmark S&P 500’s around 12% gain.

“Our strategy is working,” Iannone said in the memo, adding that “continuing to capture the significant opportunity ahead requires us to make thoughtful choices about where we focus and invest.” He said affected staff would be informed in the coming days.


Read more of this story at Slashdot.

Enterprises keep buying software upgrades that IT thinks will make things worse

Enterprise-sized businesses spend, on average, 28 percent of their software budgets on unwanted upgrades, migrations, and licensing changes. Often, those firms’ IT heads think those changes are detrimental.

Those results are according to a survey of 2,018 chief information officers and senior IT decision-makers at companies with at least 10,000 employees that Origina commissioned for its report, “The Software Tax.” About half of the respondents (1,011) are from the US, and the rest are from the United Kingdom. All respondents worked at companies with at least $1 billion in annual revenue.

Keep in mind that Origina provides maintenance for various enterprise software. Its report points to independent software maintenance as a way for IT leaders to regain control over software budgets, illustrating its potential bias. A third-party research consultancy, Censuswide, conducted the survey.

Read full article

Comments

Tesla profits drop 43% in Q3

Tesla published its third-quarter 2026 financial results this afternoon. Earlier in October, it reported its sales and deliveries for the three-month period, selling fewer cars than in the same quarter in 2025, yet it still beat analyst projections. Now we can see how those sales translate to the bottom line. Tesla brought in $28 billion in revenue in Q3, almost the same as in 2025.

Automotive revenues were $20.6 billion, a 3 percent decrease year over year. Perhaps more troubling is the decline in revenue from solar panels and storage batteries—this line of business had been growing, but for Q3 revenue fell 16 percent year over year to $2.9 billion. Services and other revenues, though, which include parts and Supercharger use, grew by a third to $4.6 billion.

But the company—like the rest of us—has seen its expenses go up. Operating expenses rose by 39 percent to $4.8 billion, dropping the company’s operating margin to just 2.6 percent; in Q3 2025, Tesla’s margin was 5.8 percent. Net profit fell to $787 million, down 43 percent year over year. What’s more, capital expenditures were up by 110 percent to $4.7 billion, and free cash flow was down 62 percent to $1.5 billion.

Read full article

Comments

AMD Brings Ryzen Overclocking Driver to Linux

AMD has published Linux kernel patches for an official Ryzen overclocking driver that allows users to adjust CPU power and current limits through a firmware interface exposed via sysfs. Phoronix reports: AMD engineer Shyam Sundar S K posted the patches for the AMD Overclocking “AOD” WMI driver as an interface to the platform firmware for managing overclocking and power/current limits of modern Ryzen CPUs.

The driver in its initial form allows setting via sysfs a number of CPU tunables including the Package Power Tracking (PPT), Thermal Design Current (TDC), and Electrical Design Current (EDC) limits along with reading their supported range. SMT toggling can also be done via the interface as an alternative to the likes of Linux’s “nosmt” option in disabling SMT at the platform level rather than kernel disabling. The current memory clocks can also be read via this AOD driver.

The power tunables aren’t applied in real-time but go into effect at next reboot. The firmware does support many more commands compared to the few initially wired up and hopefully in time more of these controls will be enabled with this driver.


Read more of this story at Slashdot.

Xbox wants you to pay 24 to 40 cents per hour to stream games you already bought

In September, when Microsoft severely limited the game-streaming buffet available to Game Pass subscribers, the company said non-subscribers would soon be able to “purchase cloud playtime hours through the Xbox Store and stream eligible games they own on supported devices.” Today, Microsoft rolled out those a la carte Cloud Playtime purchases to Xbox Insiders, with prices that might be a bit galling for players who have already purchased these streamable games.

The “introductory launch pricing” for Xbox’s Cloud Playtime purchases is as follows:

  • 10 hours for $4 (~$0.40/hour)
  • 25 hours for $8 (~$0.32/hour)
  • 50 hours for $12 (~$0.24/hour)

Purchased playtime “remains available until it’s used,” Microsoft writes, so you don’t have to worry about your 50-hour purchase expiring before you can use it fully.

Read full article

Comments

More Than 1.5 Million Canadian Crime Stoppers Tips Leaked

A CBC investigation found that more than 1.5 million Canadian Crime Stoppers tips spanning 25 years were exposed in a breach of the P3 Global Intel tip-management platform. About 850,000 records contained personally identifiable information, including addresses, phone numbers, emails, license plates and some banking details. Longtime Slashdot reader doconnor shares the report: The data was stolen last March by hacktivist collective Internet Yiff Machine. In a manifesto, the group said it wanted to disprove the claim by P3 Global Intel — the company hired by Crime Stoppers to manage its tips — that the platform was “anonymous” and “secure.” A copy of the hacked data was made available to researchers and journalists, including CBC, by Distributed Denial of Secrets, a U.S. non-profit that archives and publishes hacked and leaked documents it deems to be in the public interest. The report found that more than 4,300 Crime Stoppers tipsters identified themselves by their full name, with hundreds of records containing staff warnings that individuals had “self-identified” or been “exposed,” yet their information remained unredacted.

The leaked data included sensitive allegations involving murder, terrorism, drug trafficking and organized crime, with nearly 49,000 tips linked to cases cleared through arrests or criminal charges. Cybersecurity experts criticized the retention of decades-old records… “If a tip is closed, does that need to stay online?” asked cybersecurity expert Ben Coon. “The answer to that, to me, is no.”

The RCMP was initially told Canadian data was unaffected, then assured that exposed Canadian records contained no personally identifiable information. This appears to contradict the CBC’s findings. Furthermore, affected individuals have not been systematically notified because contacting them could further jeopardize their anonymity.

“For a system that has been designed to promise anonymity to the users, that has failed categorically,” said Prof. Ali Dehghantanha, the Canada Research Chair in Cybersecurity and Threat Intelligence at the University of Guelph.


Read more of this story at Slashdot.