AI-Powered Misinformation Is World’s Biggest Short-Term Threat, Davos Report Says 

London — False and misleading information supercharged with cutting-edge artificial intelligence that threatens to erode democracy and polarize society is the top immediate risk to the global economy, the World Economic Forum said in a report Wednesday. In its latest Global Risks Report, the organization also said an array of environmental risks pose the biggest threats in the longer term. The report was released ahead of the annual elite gathering of CEOs and world leaders in the Swiss ski resort town of Davos and is based on a survey of nearly 1,500 experts, industry leaders and policymakers. The report listed misinformation and disinformation as the most severe risk over the next two years, highlighting how rapid advances in technology also are creating new problems or making existing ones worse. The authors worry that the boom in generative AI chatbots like ChatGPT means that creating sophisticated synthetic content that can be used to manipulate groups of people won’t be limited any longer to those with specialized skills. AI is set to be a hot topic next week at the Davos meetings, which are expected to be attended by tech company bosses including OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella and AI industry players like Meta’s chief AI scientist, Yann LeCun. AI-powered misinformation and disinformation is emerging as a risk just as billions of people in a slew of countries, including large economies like the United States, Britain, Indonesia, India, Mexico, and Pakistan, are set to head to the polls this year …

Cyber ‘Kidnapping’ Scams Target Chinese Students Around the World

WASHINGTON — A recent cyber kidnapping incident involving a Chinese exchange student in Utah appears to be part of an international pattern in which unknown perpetrators, often masquerading as Chinese police or government officials, target Chinese students around the world and extort their families for upwards of tens of thousands of dollars. In late December, 17-year-old Chinese student Kai Zhuang was reported missing near Salt Lake City, only to be found days later alone and freezing in a tent in the mountains. Authorities have said the case was part of an apparent cyber kidnapping scheme to scam his family in China out of $80,000. Cyber kidnapping is when perpetrators pretend to have abducted someone to coerce their family into paying a ransom. “At the heart of it are the heartstrings of the victim, who is told to go run and hide, and the heartstrings of the people who think their loved one is actually in the possession of kidnappers,” said Theresa Payton, CEO of cybersecurity company Fortalice Solutions. “Virtual kidnapping is, at its very root, manipulative. It is coercive. It is emotionally draining and complex,” said Payton, who is based in Charlotte, North Carolina. On January 3, just a day after Zhuang Kai was found, the FBI issued a warning about criminals impersonating Chinese police officers to defraud Chinese people based in the United States, especially Chinese students. Around the world VOA has learned that the cyber scams aren’t targeting only Chinese students studying in the United States. Over the past …

US Delays Planned Return of Astronauts to Moon Until 2026

washington — The United States is pushing back its planned return of astronauts to the surface of the Moon from 2025 to 2026, NASA Administrator Bill Nelson said Tuesday. Artemis, named after the sister of Apollo in Greek mythology, was officially announced in 2017 as part of the US space agency’s plans to establish a sustained presence on Earth’s nearest space neighbor, and apply lessons learned there for a future mission to Mars. Its first mission, an uncrewed test flight to the Moon and back called Artemis 1, took place in 2022, after several postponements. Artemis 2, involving a crew that doesn’t land on the surface, has been postponed from later this year to September 2025, Nelson told reporters. Artemis 3, in which the first woman and first person of color are to set foot on lunar soil at the Moon’s south pole, should now take place in September 2026. “Safety is our top priority, and to give Artemis teams more time to work through the challenges,” said Nelson. NASA is also looking to build a lunar space station called Gateway where spacecraft will dock during later missions. Elon Musk’s SpaceX has won the contract for a landing system for Artemis 3 based on a version of its prototype Starship rocket, which remains far from ready. Both of its orbital tests have ended in explosions. Delays to Starship have knock-on effects because the spacesuit contractor needs to know how the suits will interface with the spacecraft, and simulators need to be …

Meta Toughens Content Curbs for Teens on Instagram, Facebook

Washington — Meta on Tuesday said it was tightening up content restrictions for teens on Instagram and Facebook as it faces increased scrutiny that its platforms are harmful for young people.  The changes come months after dozens of U.S. states accused Meta of damaging the mental health of children and teens, and misleading users about the safety of its platforms.  In a blog post, the company run by Mark Zuckerberg said it will now “restrict teens from seeing certain types of content across Facebook and Instagram even if it’s from friends or people they follow.”  This type of content would include content that discusses suicide or self-harm, as well as nudity or mentions of restricted goods, the company added.  Restricted goods on Instagram include tobacco products and weapons as well as alcohol, contraception, cosmetic procedures and weight loss programs, according to its website.  In addition, teens will now be defaulted into the most restricted settings on Instagram and Facebook, a policy that was in place for new users and that now will be expanded to existing users.  This will “make it more difficult for people to come across potentially sensitive content or accounts in places like Search and Explore,” the company said.  Meta also said that it will expand its policy of hiding results to searches related to suicide and self harm to include more terms. Leaked internal research from Meta, including by the Wall Street Journal and whistle-blower Frances Haugen, has shown that the company was long aware of dangers …

First US Lunar Lander In More Than 50 Years Rockets Toward Moon With Commercial Deliveries

Cape Canaveral, Florida — The first U.S. lunar lander in more than 50 years rocketed toward the moon Monday, launching private companies on a space race to make deliveries for NASA and other customers. Astrobotic Technology’s lander caught a ride on a brand new rocket, United Launch Alliance’s Vulcan. The Vulcan streaked through the Florida predawn sky, putting the spacecraft on a roundabout route to the moon that should culminate with an attempted landing on Feb. 23. The Pittsburgh company aims to be the first private business to successfully land on the moon, something only four countries have accomplished. But a Houston company also has a lander ready to fly, and could beat it to the lunar surface, taking a more direct path. “First to launch. First to land is TBD” — to be determined, said Astrobotic chief executive John Thornton. NASA gave the two companies millions to build and fly their own lunar landers. The space agency wants the privately owned landers to scope out the place before astronauts arrive while delivering NASA tech and science experiments as well as odds and ends for other customers. Astrobotic’s contract for the Peregrine lander: $108 million. The last time the U.S. launched a moon-landing mission was in December 1972. Apollo 17’s Gene Cernan and Harrison Schmitt became the 11th and 12th men to walk on the moon, closing out an era that has remained NASA’s pinnacle. The space agency’s new Artemis program — named after the twin sister of Apollo in Greek …

Private Industry Leads America’s First Moon Landing Since Apollo

Cape Canaveral, Florida — The first American spacecraft to attempt to land on the Moon in more than half a century is poised to blast off early Monday — but this time, private industry is leading the charge.   A brand-new rocket, United Launch Alliance’s Vulcan Centaur, should lift off from Cape Canaveral Space Force Station at 2:18 a.m. (7:18 GMT) for its maiden voyage, carrying Astrobotic’s Peregrine Lunar Lander. The weather so far appears favorable. If all goes to plan, Peregrine will touch down on a mid-latitude region of the Moon called Sinus Viscositatis, or Bay of Stickiness, on February 23. “Leading America back to the surface of the Moon for the first time since Apollo is a momentous honor,” Pittsburgh-based Astrobotic’s CEO John Thornton said ahead of the launch. Until now, a soft landing on Earth’s nearest celestial neighbor has only been accomplished by a handful of national space agencies: the Soviet Union was first, in 1966, followed by the United States, which is still the only country to put people on the Moon.   China has successfully landed three times over the past decade, while India was the most recent to achieve the feat on its second attempt, last year. Now, the United States is turning to the commercial sector to stimulate a broader lunar economy and ship its own hardware at a fraction of the cost, under the Commercial Lunar Payload Services (CLPS) program. A challenging task   The space agency has paid Astrobotic more than $100 …

India’s First Solar Observatory Reaches Destination 

New Delhi — India has achieved another milestone in space exploration by successfully placing a spacecraft in an orbit from which it will study the sun for five years. India joined a select group of nations already studying the sun four months after it became the first country to land an unmanned spacecraft on the moon’s southern polar region, cementing its reputation as a nation that is emerging on the frontlines of space exploration. The Indian Space Research Organization said that the space observatory, Aditya L-1, reached the position from which it can monitor the sun’s outer layer and send data back to Earth on Saturday. The spacecraft, which was launched September 2, took four months to reach its destination. “The orbit of Aditya-L1 spacecraft is a periodic Halo orbit which is located roughly 1.5 million km [kilometers] from earth,” according to an ISRO statement. Aditya-L1 is named after the Hindu god of the sun, called Aditya in Sanskrit. “L1” refers to Lagrange point 1, the location in space between the sun and Earth, where the satellite has been parked. “This demonstrates India’s capability to travel over a million kilometers away from the Earth’s orbit. It is a capability that very few countries have and India is the first in Asia to do so,” according to Chaitanya Giri, associate professor of environmental sciences at Flame University in Pune. “The ability to maintain deep space communication with a spacecraft that has traveled so far and sustain a mission for a long period …

Police Investigate UK Post Office after IT Problem Leads to Wrongful Theft Accusations

LONDON — U.K. police have opened a fraud investigation into Britain’s Post Office over a miscarriage of justice that saw hundreds of postmasters wrongfully accused of stealing money when a faulty computer system was to blame. The Metropolitan Police force said late Friday that it is investigating “potential fraud offences arising out of these prosecutions,” relating to money the Post Office received “as a result of prosecutions or civil actions” against accused postal workers. Police also are investigating potential offenses of perjury and perverting the course of justice over investigations and prosecutions carried out by the Post Office. Between 1999 and 2015, more than 700 post office branch managers were accused of theft or fraud because computers wrongly showed that money was missing. Many were financially ruined after being forced to pay large sums to the company, and some were convicted and sent to prison. Several killed themselves. The real culprit was a defective computer accounting system called Horizon, supplied by the Japanese technology firm Fujitsu, that was installed in local Post Office branches in 1999. The Post Office maintained for years that data from Horizon was reliable and accused branch managers of dishonesty when the system showed money was missing. After years of campaigning by victims and their lawyers, the Court of Appeal quashed 39 of the convictions in 2021. A judge said the Post Office “knew there were serious issues about the reliability” of Horizon and had committed “egregious” failures of investigation and disclosure. A total of 93 of …

CES 2024: Consumer Electronics Show Highlighting Tech, Artificial Intelligence

The Consumer Electronics Show, better known as CES, is back in Las Vegas [January 9 – 12] with more than 3,500 companies from around the globe showcasing the latest developments in artificial intelligence, health care, transportation and much more. VOA’s Julie Taboh gives us a preview. Video edit: Adam Greenbaum. Tina Trinh contributed to this report …

Alzheimer’s Drugs Might Get Into the Brain Faster With New Ultrasound Tool

washington — Scientists have found a way to help Alzheimer’s drugs seep inside the brain faster — by temporarily breaching its protective shield. The novel experiment was a first attempt in just three patients. But in spots in the brain where the new technology took aim, it enhanced removal of Alzheimer’s trademark brain-clogging plaque, researchers reported Wednesday. “Our goal is to give patients a head start,” by boosting some new Alzheimer’s treatments that take a long time to work, said Dr. Ali Rezai of West Virginia University’s Rockefeller Neuroscience Institute, who led the study. At issue is what’s called the blood-brain barrier, a protective lining in blood vessels that prevents germs and other damaging substances from leaching into the brain from the bloodstream. But it also can block drugs for Alzheimer’s, tumors and other neurologic diseases, requiring higher doses for longer periods for enough to reach their target inside the brain. Now scientists are using a technology called focused ultrasound to jiggle temporary openings in that shield. They inject microscopic bubbles into the bloodstream. Next, they beam sound waves through a helmetlike device to a precise brain area. The pulses of energy vibrate the microbubbles, which loosen gaps in the barrier enough for medications to slip in. Prior small studies have found the technology can safely poke tiny holes that seal up in 48 hours. Now Rezai’s team has gone a step further — administering an Alzheimer’s drug at the same time. Some new Alzheimer’s drugs, on the market or in …

US Chief Justice Urges ‘Caution’ as AI Reshapes Legal Field

Washington — Artificial intelligence represents a mixed blessing for the legal field, U.S. Supreme Court Chief Justice John Roberts said in a year-end report published Sunday, urging “caution and humility” as the evolving technology transforms how judges and lawyers go about their work. Roberts struck an ambivalent tone in his 13-page report. He said AI had potential to increase access to justice for indigent litigants, revolutionize legal research and assist courts in resolving cases more quickly and cheaply while also pointing to privacy concerns and the current technology’s inability to replicate human discretion. “I predict that human judges will be around for a while,” Roberts wrote. “But with equal confidence I predict that judicial work – particularly at the trial level – will be significantly affected by AI.” The chief justice’s commentary is his most significant discussion to date of the influence of AI on the law — and coincides with several lower courts contending with how best to adapt to a new technology capable of passing the bar exam but also prone to generating fictitious content, known as “hallucinations.” Roberts emphasized that “any use of AI requires caution and humility.” He mentioned an instance where AI hallucinations had led lawyers to cite nonexistent cases in court papers, which the chief justice said is “always a bad idea.” Roberts did not elaborate beyond saying the phenomenon “made headlines this year.”   For instance, Michael Cohen, Donald Trump’s former fixer and lawyer, said in court papers unsealed last week that he mistakenly …

Google Agrees to Settle Lawsuit Over ‘Incognito’ Mode

san francisco, california — Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked the data of users who thought they were browsing the internet privately.  The object of the lawsuit was the “incognito mode” on Google’s Chrome browser that the plaintiffs said gave users a false sense that what they were surfing online was not being tracked by the Silicon Valley tech firm.  But internal Google emails brought forward in the lawsuit demonstrated that users using incognito mode were being followed by the search and advertising behemoth for measuring web traffic and selling ads.  In a court filing, the judge confirmed that lawyers for Google reached a preliminary agreement to settle the class action lawsuit, originally filed in 2020, which claimed that “millions of individuals” had likely been affected.   Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked by the firm’s Google Analytics or Ad Manager services even when in the private browsing mode and not logged into their Google account.  This would have amounted to at least $5 billion, though the settlement amount will likely not reach that figure, and no amount was given for the preliminary settlement between the parties.   Google and lawyers for the consumers did not respond to an AFP request for comment.  The settlement came just weeks after Google was denied a request that the case be decided by a judge. A jury trial was …

Spanish Newspapers Fight Meta in Unfair Competition Case

Madrid — More than 80 Spanish media organizations are filing a $600 million lawsuit against Meta over what they say is unfair competition in a case that could be repeated across the European Union. The lawsuit is the latest front in a battle by legacy media against the dominance of tech giants at a time when the traditional media industry is in economic decline. Losing revenue to Silicon Valley companies means less money to invest in investigative journalism or fewer resources to fight back against disinformation. The case is the latest example of media globally seeking compensation from internet and social media platforms for use of their content. The Association of Media of Information (AMI), a consortium of Spanish media companies, claimed in the lawsuit that Meta allegedly violated EU data protection rules between 2018 and 2023, Reuters reported. The newspapers argue that Meta’s “massive” and “systematic” use of its Facebook, Instagram and WhatsApp platform gives it an unfair advantage of designing and offering personalized advertisements, which they say constitutes unfair competition. Irene Lanzaco, director general of AMI, told VOA it estimated the actions of Meta had cost Spanish newspapers and magazines $539.2 million in lost income between 2018 and 2023. “This loss of income has meant it is more difficult for the media to practice journalism, to pay its journalists, to mount investigations and to hold politicians to account for corruption,” she said. “It means that society becomes more polarized, and people become less involved with their communities if they do …

Tesla Recalls Over 2 Million Vehicles to Fix Defective System that Monitors Drivers Using Autopilot

Detroit, Mich — Tesla is recalling more than 2 million vehicles across its model lineup to fix a defective system that’s supposed to ensure drivers are paying attention when they use Autopilot. Documents posted Wednesday by U.S. safety regulators say the company will send out a software update to fix the problems. The recall comes after a two-year investigation by the National Highway Traffic Safety Administration into a series of crashes that happened while the Autopilot partially automated driving system was in use. Some were deadly. The agency says its investigation found Autopilot’s method of ensuring that drivers are paying attention can be inadequate and can lead to foreseeable misuse of the system. The recall covers nearly all of the vehicles Tesla sold in the U.S. and includes models Y, S, 3 and X produced between Oct. 5, 2012, and Dec. 7 of this year. The software update includes additional controls and alerts “to further encourage the driver to adhere to their continuous driving responsibility,” the documents said. The update was to be sent to certain affected vehicles on Tuesday, with the rest getting it at a later date, the documents said. Autopilot includes features called Autosteer and Traffic Aware Cruise Control, with Autosteer intended for use on limited access freeways when it’s not operating with a more sophisticated feature called Autosteer on City Streets.  The software update apparently will limit where Autosteer can be used. “If the driver attempts to engage Autosteer when conditions are not met for engagement, the …

US Commerce Secretary Vows ‘Strongest Action’ on Huawei Chip Issue

WASHINGTON — U.S. Commerce Secretary Gina Raimondo vowed Monday to take the “strongest action possible” in response to a semiconductor chip-making breakthrough in China that a House Foreign Affairs Committee said “almost certainly required the use of U.S. origin technology and should be an export control violation.” In an interview with Bloomberg News, Raimondo called Huawei Technology’s advanced processor in its Mate Pro 60 smartphone released in August “deeply concerning” and said the Commerce Department investigates such things vigorously. The United States has banned chip sales to Huawei, which reportedly used chips from China chip giant Semiconductor Manufacturing International Corp., or SMIC, in the phone that are 7 nanometers, a technology China has not been known as able to produce. Raimondo said the U.S. was also looking into the specifics of three new artificial intelligence accelerator chips that California-based Nvidia Corp. is developing for China. “We look at every spec of every new chip, obviously, to make sure it doesn’t violate the export controls,” she said. Nvidia came under U.S. scrutiny for designing China-specific chips that were just under new Commerce Department requirements announced in October for tighter export controls on advanced AI chips for civilian use that could have military applications. China’s Foreign Ministry responded to Raimondo’s comments Tuesday, saying the U.S. was “undermining the rights of Chinese companies” and contradicting the principles of a market economy. ‘Almost certainly required US origin technology’ The U.S. House Foreign Affairs Committee in a December 7 report criticized the Commerce Department’s Bureau of …

EU Establishes World-Leading AI Rules, Could That Affect Everyone?

European Union officials worked into the late hours last week hammering out an agreement on world-leading rules meant to govern the use of artificial intelligence in the 27-nation bloc. The Artificial Intelligence Act is the latest set of regulations designed to govern technology in Europe — that may be destined to have global impact. Here’s a closer look at the AI rules: What is the AI act and how does it work? The AI Act takes a “risk-based approach” to products or services that use artificial intelligence and focuses on regulating uses of AI rather than the technology. The legislation is designed to protect democracy, the rule of law and fundamental rights like freedom of speech, while still encouraging investment and innovation. The riskier an AI application is, the stiffer the rules. Those that pose limited risk, such as content recommendation systems or spam filters, would have to follow only light rules such as revealing that they are powered by AI. High-risk systems, such as medical devices, face tougher requirements like using high-quality data and providing clear information to users. Some AI uses are banned because they’re deemed to pose an unacceptable risk, like social scoring systems that govern how people behave, some types of predictive policing and emotion recognition systems in school and workplaces. People in public can’t have their faces scanned by police using AI-powered remote “biometric identification” systems, except for serious crimes like kidnapping or terrorism. The AI Act won’t take effect until two years after final …

US States Suing Meta Over Alleged Harm to Young Users

Lawmakers and parents are blaming social media platforms for contributing to mental health problems in young people. A group of U.S. states is suing the owner of Instagram and Facebook for promoting their platforms to children despite knowing some of the psychological harms and safety risks they pose. From New York, VOA’s Tina Trinh reports that a cause-and-effect relationship between social media and mental health may not be so clear. …

Nvidia to Expand Ties with Vietnam, Support AI Development

U.S. chipmaker Nvidia’s chief executive said on Monday the company will expand its partnership with Vietnam’s top tech firms and support the country in training talent for developing artificial intelligence and digital infrastructure. Nvidia, which has already invested $250 million in Vietnam, has so far partnered with leading tech companies to deploy AI in the cloud, automotive and healthcare industries, a document published by the White House in September showed when Washington upgraded diplomatic relations with Vietnam. “Vietnam is already our partner as we have millions of clients here,” Jensen Huang, Nvdia’s CEO said at an event in Hanoi in his first visit to the country. “Vietnam and Nvidia will deepen our relations, with Viettel, FPT, Vingroup, VNG being the partners Nvidia looks to expand partnership with,” Huang said, adding Nvidia would support Vietnam’s artificial training and infrastructure. Reuters reported last week Nvidia was set to discuss cooperation deals on semiconductors with Vietnamese tech companies and authorities in a meeting on Monday. Huang’s visit comes at a time when Vietnam is trying to expand into chip designing and possibly chip-making as trade tensions between the United States and China create opportunities for Vietnam in the industry. At Monday’s event, Vietnam’s investment minister Nguyen Chi Dzung said the country had been preparing mechanisms and incentives to attract investment projects in the semiconductor and artificial intelligence industries. Dzung also asked Nvidia to consider setting up a research and development facility in the country following Huang’s proposal to set up a base in …

Elon Musk Restores X Account of Conspiracy Theorist Alex Jones

Elon Musk has restored the X account of conspiracy theorist Alex Jones, pointing to a poll on the social media platform formerly known as Twitter that came out in favor of the Infowars host who repeatedly called the 2012 Sandy Hook school shooting a hoax. It poses new uncertainty for advertisers, who have fled X over concerns about hate speech appearing alongside their ads, and is the latest divisive public personality to get back their banned account.  Musk posted a poll on Saturday asking if Jones should be reinstated, with the results showing 70% of those who responded in favor. Early Sunday, Musk tweeted, “The people have spoken and so it shall be.” A few hours later, Jones’ posts were visible again and he retweeted a post about his video game. He and his Infowars show had been permanently banned in 2018 for abusive behavior. Musk, who has described himself as a free speech absolutist, said the move was about protecting those rights. In response to a user who posted that “permanent account bans are antithetical to free speech,” Musk wrote, “I find it hard to disagree with this point.” The billionaire Tesla CEO also tweeted it’s likely that Community Notes — X’s crowd-sourced fact-checking service — “will respond rapidly to any AJ post that needs correction.” It is a major turnaround for Musk, who previously said he wouldn’t let Jones back on the platform despite repeated calls to do so. Last year, Musk pointed to the death of his …

Meta Sued for Allegedly Failing to Shield Children From Predators

Facebook and Instagram fail to protect underage users from exposure to child sexual abuse material and let adults solicit pornographic imagery from them, New Mexico’s attorney general alleges in a lawsuit that follows an undercover online investigation. “Our investigation into Meta’s social media platforms demonstrates that they are not safe spaces for children but rather prime locations for predators to trade child pornography and solicit minors for sex,” Attorney General Raul Torrez said in a statement Wednesday. The civil lawsuit filed late Tuesday against Meta Platforms Inc. in state court also names its CEO, Mark Zuckerberg, as a defendant. In addition, the suit claims Meta “harms children and teenagers through the addictive design of its platform, degrading users’ mental health, their sense of self-worth and their physical safety,” Torrez’s office said in a statement. Those claims echo others in a lawsuit filed in late October by the attorneys general of 33 states, including California and New York, against Meta that alleges Instagram and Facebook include features deliberately designed to hook children, contributing to the youth mental health crisis and leading to depression, anxiety and eating disorders. New Mexico was not a party to that lawsuit. Investigators in New Mexico created decoy accounts of children 14 years and younger that Torrez’s office said were served sexually explicit images even when the child expressed no interest in them. State prosecutors claim that Meta let dozens of adults find, contact and encourage children to provide sexually explicit and pornographic images. The accounts also …

Spotify to Lay Off 1,500 Employees

Spotify says it is planning to lay off 17% of its global workforce, amounting to around 1,500 employees, following layoffs earlier this year of 600 people in January and an additional 200 in June. The music streaming giant is continuing its effort to cut costs and work toward becoming profitable, said Spotify CEO Daniel Ek in a prepared statement. “By most metrics, we were more productive but less efficient,” he said. “We need to be both.” The layoffs come following a rare quarterly net profit of about $70.3 million in October. The company has never seen a full year net profit. “I realize that for many, a reduction of this size will feel surprisingly large given the recent positive earnings report and our performance,” Ek said. “We debated making smaller reductions throughout 2024 and 2025. Yet, considering the gap between our financial goal … and our current operational costs, I decided that a substantial action to right size our costs was the best option to accomplish our objectives.” With the new layoffs, the company now expects to see a fourth quarter loss between $100 million to $117 million after previously anticipating a $40 million profit. A majority of the charges will go toward severance for laid off employees, who will get about five months’ pay, vacation pay and health care coverage for the severance period. Spotify did not clearly state when the layoffs would become financially beneficial but said that they would “generate meaningful operating efficiencies going forward.” Spotify is …