Iran’s Revolutionary Guard Corps Navy rejected President Trump’s claim that the Strait of Hormuz remains open, calling it an “obvious…
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Amazon slashes 16,000 positions as tech industry layoffs accelerate
Amazon quietly removed thousands of corporate roles this month, with layoffs now spreading well beyond the usual cost cutting cycles.…
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Astrotalk hits $1 billion valuation after founder’s failed startup prophecy proves true
A company built on talking to the stars just reached a valuation its founder once predicted as a joke. The…
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AmEx Ventures Backs a Marketing Startup Racing to Conquer AI Search
Goldman Sachs just participated in a $15 million round for a company rewriting how brands appear inside AI-generated answers. The…
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Microsoft Prepares to Cut Thousands More Jobs Across Sales, Consulting and Xbox as AI Spending Reshapes the Company
Microsoft is planning to cut under 2.5% of its approximately 228,000 full-time employees in a new round of layoffs expected…
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Lucid Group Axes 18% of Workforce and Kills Second Production Shift as Stock Craters 55%
Lucid Group (LCID) announced a major restructuring, cutting approximately 18% of its U.S. workforce and eliminating the second production shift…
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LANXESS Climbs to Top 4% of Global Specialty Chemicals Firms as ESG Ratings Surge Across Every Major Index
Specialty chemicals company LANXESS has secured first place in Europe and fifth globally in the Chemicals category of the Dow…
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Amazon’s New Talking Warehouse Robot Heads to Europe as AI Layoffs Surpass 50,000
Amazon unveiled its next-generation Proteus warehouse robot at its Delivering the Future event in London on Thursday, capable of understanding…
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Meta Cuts Thousands of Jobs to Fund Its AI Future, and Silicon Valley Is Watching
Meta is cutting thousands of jobs as the company pivots sharply toward artificial intelligence. The sweeping layoffs reflect the tech…
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