Founded in 2021 and headquartered in Thane, India, Shram.ai is an AI productivity tool co-founded by CEO Jay Gadekar and…
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Meta Slashed 8,000 Jobs to Fund Its AI Bet, and Middle Managers Paid the Heaviest Price
Meta's aggressive AI investment push has triggered 8,000 layoffs, with 4,665 cuts concentrated in California and Washington state. Middle managers…
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Quebec Bet $650 Million on Three Electric Battery Companies and Watched All Three Go Bankrupt
Three Quebec electric battery companies — Northvolt, Lion Electric, and Taiga Motors — collapsed after receiving over $650 million in…
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EU Launches EUR 92 Million OceanEye Initiative to Control a Third of Global Ocean Intelligence by 2035
The European Commission has officially adopted OceanEye, a flagship ocean intelligence initiative backed by an initial EUR 92 million investment.…
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Apple’s Most Powerful AI Features Are Blocked From Europe and It Could Cost the Company Billions
Apple has confirmed its rebuilt Siri AI and advanced Apple Intelligence features will not launch simultaneously in the European Union…
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Europe’s Most Advanced Fighter Radar Passes Combat Simulations and Targets Full Deployment by 2027
The ECRS Mk1 radar, jointly developed by Germany and Spain through defense firms HENSOLDT and Indra, has completed ground-based testing…
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Ubisoft Shuts Down Two Studios and Cuts 380 Jobs as Its Cost Crisis Forces a Major Rainbow Six Overhaul
Ubisoft is reportedly closing studios in Winnipeg and Belgrade while laying off staff in Barcelona and San Francisco, putting approximately…
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South Korea and Belgium Forge Historic Startup Pact After Decades of Diplomatic Relations
South Korea and Belgium signed a memorandum of understanding on SME and startup cooperation on June 10, 2026 — marking…
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Diageo Faces Revenue Slide and Financial Stress Signals Ahead of Critical Earnings Report
Diageo (DEO) is set to release its first-half fiscal earnings on February 25th, with analysts forecasting an EPS of $3.71…
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Europe Finally Breaks Into NASA’s Moon Mission as Italian Astronaut Joins Historic Artemis III Crew
NASA announced on June 9, 2026, that Italian astronaut Luca Parmitano will serve as pilot on the Artemis III mission,…
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