This Week in Tech: Lots about Intel and Updates on the RTO Rate 👾

ChannelBytes

It’s time for Bits & Bytes…

… where we bring you news, innovations, and thought-provoking insights from AI, IT, and beyond. In this week’s newsletter we’re looking at:

Market shockers
Office mandates fade away
Intel in on the struggle bus

IN THE SPOTLIGHT

🗞️ Intel’s Stock Crash

Intel’s latest escapade in financial disaster has seen its stock in the last few days, vaporizing $39 billion in market capitalization. Pretty bad day at the office for them. Intel has been grappling with delays in their next-gen chips while also laying off 15,000 employees. Add to that a failure to hit quarterly financial targets, and you’ve got a recipe for investor panic.

TL;DR

Intel’s stock crashes.
Massive layoffs scared investors.
Stock is currently down 58% YTD.

TECH HEADLINES FROM ACROSS THE WEB

🏳️ Tech Bosses Bend to Remote Work

Tech CEOs have finally waved the white flag on their war against remote work, with only 3% now demanding full-time office attendance. This dramatic shift reflects a growing acceptance that flexible work arrangements are here to stay.

🫸️ Chrome to Crackdown on Ad Blockers

Looks like Google’s had enough of your ad-free browsing. Chrome is set to disable uBlock Origin, nudging users to switch to less effective ad blockers. Google claims this is all about upgrading to Manifest v3, but let’s be real, they want you to see those ads.

😮‍💨 Intel CPU Problems Persist

Intel’s 13th and 14th Gen CPUs are causing quite the uproar, with reports of crashes and instability flooding in from all corners. Game developers like Alderon Games are so fed up with Intel’s almost guaranteed failure rate.

TECH FOR GOOD

A breakthrough in mosquito control! Chinese engineers have developed a machine capable of sorting millions of mosquito pupae by gender. This tech offers a more targeted approach to fighting mosquito-borne diseases by focusing on female mosquitoes, the main culprits. By reducing pesticide use and enabling strategies like releasing sterile male mosquitoes, this innovation is a significant step towards a healthier planet. As a top mosquito hater, I will be following this very closely.