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Today at 1:31 PM
šŸ’» Ā Inside Daily BriefNews

RISHI SUNAK TO BE NAMED THE NEXT PM OF BRITAIN

The Conservative Party member, Rishi Sunak, will replace Liz Truss as the next
Prime Minister of the United Kingdom. Sunak took the race lead after other
candidates quit.Ā  More: The 42-year-oldĀ Indian origin will be the third prime
minister the U.K. has had in the last three months.Ā  Previously, Sunak held the
position of finance minister in Boris Johnson's government.Ā  One of the ...
Vibha ChapparikeFreelance Writer & Editor atĀ Inside.com
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Inside Team
Today at 8:48 AM
šŸ’» Ā Inside Daily BriefNews

CHINESE CHIPMAKER YMTC FORCES AMERICAN STAFF TO DEPART DUE TO US CHIP POLICY

Yangtze Memory Technologies Corp (YMTC), a Chinese chipmaking company, has asked
American employees holding core tech positions in the company to leave in order
to comply with US new chip export restrictions. The exact number of the staff
forced to depart is unknown, but several employees in China had already left the
company.
Jovian GautamaFreelance Writer atĀ Inside
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Inside Team
Today at 1:47 PM
šŸ¤ Ā Inside BusinessNews

DUTCH GIANT PHILIPS TO REDUCE 4000 JOBS WORLDWIDE

The health technology giant Royal Philips announced plans to reduce its global
workforce by 5%.Ā The decision comes as its group's new chiefĀ Roy Jakobs attempts
to steer the company from its latest legal battle around millions of faulty
medical devices.Ā  More: Philips said cutting 4,000 jobs across its global
network would save the company ā‚¬300MĀ ($296M) annually. The multinational con...
Vibha ChapparikeFreelance Writer & Editor atĀ Inside.com
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Inside Team
Today at 6:35 AM
šŸ’» Ā Inside Daily BriefNews

CHINA'S Q3 GDP GROWTH MISSES TARGET

China's gross domestic product (GDP) increased by 3.9% in the third quarter
compared to the same time last year. The results, which fall short of the
government's growth target of 5.5%, come amid an ongoing crisis in China's
property sector and restrictive government efforts to control the spread of
COVID-19. More: China's GDP data for the third quarter was set to be revealed on
Oct. 1...
Gregory BridgmanFreelance Writer atĀ Inside.com
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Inside Team
Today at 3:44 PM
šŸŒ‰ Ā Inside San FranciscoNews

META THREATENS TO NOT SHOW NEWS CONTENT IN CANADA AMID NEW POTENTIAL LAW

Bay Area social media platform Meta has announced threats to pull out their news
content feeds from Canada should a new law be passed that would force shared
revenue with local news organizations. The move comes as the Canadian government
models similar legislation to that of Australia to reduce the tech companyā€™s
digital ā€œbargaining imbalanceā€. Meta noted they were not invited to participate
i...
Robel KelkileWriter atĀ Inside
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Inside Team
Today at 6:54 AM
šŸ’» Ā Inside Daily BriefNews

RUSSIA WARNS OF "DIRTY BOMB" AMID UKRAINE WAR ESCALATION

Russian Defense Minister Sergei Shoigu claimed on Sunday that Ukrainian forces
are preparing to deploy a "dirty bomb."Ā The U.S. and the U.K. saidĀ that the
accusationĀ is false. More: Shoigu alleged that Ukrainian forces were planning to
use an explosive device that disperses radioactive contamination over a wide
area and then blame Russia for the act. Ukrainia...
Gregory BridgmanFreelance Writer atĀ Inside.com
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