Europe’s obsession with rulemaking has sidelined it from the global AI race while American companies build the future. A top…
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Xbox CEO Admits Phil Spencer’s Strategy Caused 3,200 Layoffs and Warns Harder Cuts May Still Be Coming
Xbox CEO Asha Sharma blamed the company's previous strategy for the sweeping layoffs announced on July 6, 2026, which cut…
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Disney Cuts 1,000 Jobs as New CEO Reshapes the Company Just Months Into the Role
Disney is eliminating approximately 1,000 positions as new CEO Josh D'Amaro moves to streamline operations, he announced in an email…
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South32 CEO Eyes Bold M&A Moves After $5.6 Billion Alcoa Deal Reshapes the Miner’s Future
South32 CEO Matthew Daley said on Wednesday he is open to mergers and acquisitions following the diversified miner's agreement to…
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EU Tech Chief Holds Crunch Talks With Tim Cook as Apple Locks Europeans Out of New Siri
EU technology chief Henna Virkkunen held "constructive" talks with Apple CEO Tim Cook this week, the European Commission confirmed Wednesday.…
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Xbox’s Next Console Is Still Coming Despite a 5x Storage Cost Surge and a Financial Crisis Bleeding Half a Billion in Revenue
Xbox CEO Asha Sharma and chief content officer Matt Booty have confirmed Project Helix, the codename for Xbox's next console,…
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Estée Lauder’s Billion-Dollar Merger With Puig Collapsed Under the Weight of Leaks, Family Feuds and a Price War
Estée Lauder's merger talks with Puig, the owner of Jean Paul Gaultier, collapsed over price disagreements, CEO Stéphane de La…
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Estée Lauder CEO Reveals Why Its Blockbuster Merger Collapsed and What Comes Next
Estée Lauder's CEO Stephane de La Faverie confirmed Tuesday that merger talks with Spanish fragrance group Puig, owner of Jean…
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