Cisco plans 4,000 layoffs as CEO Chuck Robbins accelerates AI investments despite record revenue growth and rising data center demand.
Author: Nileena Sunil
Zohran Mamdani unveiled a $124.7 billion executive budget that is reportedly balanced without drawing down reserves
Leisure airlines Allegiant Air and Sun Country Airlines are now one company, following a $1.5 billion merger
Thinking Machines Lab loses key founding members to Meta and OpenAI as competition for elite AI talent intensifies globally.
Walmart cuts 1,000 jobs amid restructuring and tech expansion, while denying AI as the reason behind workforce reductions.
Sam Altman testified Elon Musk sought long-term OpenAI control, even suggesting ownership could pass to his children after death.
Chevron CEO warns global oil shortages are emerging amid Iran conflict, with Asia and Europe expected to face disruptions first.
Nvidia CEO Jensen Huang joins Trump’s China visit as trade, AI chip access, tariffs, and U.S.-China business ties dominate talks.
General Motors has laid off around 600 employees of its IT department. making room for some with AI-focused backgrounds.
Texas Attorney General Ken Paxton sued Netflix on Monday under the Texan law against deceptive business practices
Satya Nadella’s testimony in Musk’s lawsuit against OpenAI may weaken claims over Microsoft’s influence and nonprofit mission shift.
Arcadia Mayor Eileen Wang agrees to plead guilty over alleged China influence operation and unregistered foreign agent activities.
Hundreds of OpenAI employees became millionaires after cashing out $6.6 billion in shares amid the booming AI race.
Iran conflict raises fears over undersea cable disruptions as Trump warns of expanded US military strikes and NATO criticism.
Trump proposes 30% higher H-1B wage requirements, raising employer costs and impacting foreign worker hiring across U.S. industries.
The Trump administration had cited the allegations of fraud as justification for sending thousands of immigration agents into Minneapolis
U.S. prosecutors suspect Thailand-linked firm OBON smuggled Nvidia AI servers to China, raising concerns over semiconductor export enforcement.
SoftBank lowers OpenAI-backed margin loan target to $6 billion amid investor concerns over AI valuations and debt exposure.
AI-driven chip shortages and rising memory costs force Sony and Nintendo to increase console prices amid global supply pressures.
Chicago nail salon dispute sparks outrage after woman claiming Indian identity allegedly made racist remarks and refused service payment.
GameStop CEO Ryan Cohen banned from eBay after controversial takeover bid stunt sparks investor criticism and financing concerns.
Shell posts stronger Q1 profits as oil prices surge amid US-Iran conflict, despite production disruptions and rising net debt.
AirAsia signs $19 billion Airbus A220 jet deal, expanding Asian routes despite rising fuel costs and aviation market uncertainty.
Bhavitha Mandava’s Met Gala debut in Chanel sparked online backlash, with critics accusing the luxury brand of racist styling choices.
J.D. Vance alleges widespread SNAP fraud, claiming dead recipients and wealthy beneficiaries exploit food stamp program.