China-Backed Hackers Use Anthropic AI to Automate Cyberattacks

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• 00:02

  In California, there's a push for an unprecedented wealth tax on billionaires.

• 00:08

  Plus,

• 00:09

  an inflection point in hackers using AI to automate dozens of attacks on governments and corporations.

• 00:15

  It's an arms race really between AI companies and people who would misuse them.

• 00:21

  And Verizon plans to cut roughly 15,000 jobs in its largest reduction ever.

• 00:27

  It's Thursday, November 13th.

• 00:29

  I'm Sabrina Sidiki for The Wall Street Journal, sitting in for Alex Osala.

• 00:33

  This is the PM edition of What's News,

• 00:36

  the top headlines and business stories that move the world today.

• 00:46

  We exclusively report that Verizon is planning to cut roughly 15,000 jobs in its largest reduction ever.

• 00:53

  That's according to people familiar with the matter.

• 00:56

  The cuts are likely going to happen next week and most of them will be layoffs.

• 01:00

  The company also plans to turn about 200 stores into franchises, moving employees off its payroll.

• 01:06

  Verizon is the largest U.S.

• 01:08

  telecom company when you're going by subscribers,

• 01:10

  but it's struggling to hold on to customers in both the wireless and home internet markets.

• 01:15

  Last month, the company named a new CEO, Dan Shulman,

• 01:19

  who is the former chief executive of PayPal and Virgin Mobile USA.

• 01:23

  He has said he would aggressively reduce the company's cost base and take steps to reverse the customer losses.

• 01:29

  In other tech and media news,

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