OpenAI Lands Another Multi-Billion Dollar Deal with SoftBank, Up to $40B (The Guardian)
OpenAI is finalizing a massive funding round with SoftBank that could reach $40 billion, setting a new record in the AI sector. The deal signals growing investor confidence in AI's commercial potential.
Bill Gates Predicts 2-Day Workweek, Powered by AI Efficiency (Quartz)
Bill Gates says society could choose to work as little as two days a week if artificial intelligence leads to major productivity gains. He emphasizes this shift would depend on how people decide to structure work and economic systems.
German Jobless Rate Climbs Higher Than Expected in March (Reuters)
The total number of unemployed now stands at 2.92 million, significantly above the 10,000 rise analysts had expected, highlighting the strain on the labor market despite persistent worker shortages.
British Steel to Cut 2,700 Jobs (Reuters)
China-owned British Steel says it may close its two UK blast furnaces as early as June, citing pressure from U.S. tariffs, high energy costs, and environmental compliance. The move could lead to up to 2,700 job losses.
Demand for Cybersecurity Analysts Soars with 64,000+ Job Postings in 2024 (TechRepublic)
A new report highlights that Cybersecurity Analyst was the most in-demand role in 2024, appearing in over 64,000 job postings. The surge reflects growing global concerns around digital threats and data breaches.
Pay Transparency Could Save EU Women €700 Annually, Report Finds (Euronews)
New research suggests that increased pay transparency in the EU could reduce the gender pay gap and boost women's earnings by an average of €700 per year. The findings align with upcoming EU legislation on wage reporting.
Work in NL News
Average Earners Can Manage Groceries, But Homeownership and Saving Remain Out of Reach (Parool)
New data shows that people with a modal income in the Netherlands can cover everyday expenses, but struggle to buy a home or build long-term savings. Rising housing costs are widening the financial gap.
United States Remains Largest Foreign Investor in the Netherlands (DNB)
New data from the Dutch central bank (DNB) shows that the United States is the largest international investor in the Netherlands, with over €1,000 billion in direct investments. The U.S. accounts for a quarter of all foreign investments, highlighting the strong economic ties between the two countries.
Unemployment Rises in the Netherlands in February (CBS)
According to Statistics Netherlands (CBS), the Dutch unemployment rate increased to 3.7% in February, up from 3.6% in January. The number of unemployed people rose by 8,000, marking the second consecutive monthly increase as fewer people transitioned from unemployment into paid work.
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