Verizon prepares a third round of layoffs under CEO Daniel Schulman as cost-cutting efforts continue ahead of second-quarter earnings
Browsing: Corporate governance
Warren Buffett ends nearly 20 years of donations to the Gates Foundation, redirecting $6 billion to family foundations amid scrutiny.
Waze introduces Gemini-powered AI features, smarter voice navigation, motorcycle mode, and personalized routing.
Nadella warns enterprises risk surrendering proprietary knowledge to AI providers, outlines four strategies to protect intellectual property.
Elon Musk claims SpaceX could surpass Earth’s value if it achieves its long-term goals, sparking debate over xAI and Anthropic.
SoftBank and PayPay plan a major investment in Seven & i, aiming to strengthen AI, digital payments, and retail innovation.
Xbox CEO Asha Sharma will lead the Federal Reserve’s U.S. jobs task force days after announcing 3,200 Xbox layoffs
Meta has launched developer access to Muse Spark 1.1, its latest AI model for coding, intensifying competition with OpenAI and Anthropic.
Laid-off H-1B professionals return to India, accepting lower salaries as Big Tech expands GCCs amid layoffs and visa uncertainty
Microsoft replaces OpenAI and Anthropic AI models with its MAI technology in Excel, Outlook, and GitHub Copilot to reduce costs.
OpenAI launches GPT-5.6 with Sol, Terra, and Luna variants after government review, advancing AI capabilities in coding, and cybersecurity.
Apple’s iOS 27 beta introduces customizable Siri voice pace and expressivity, enhancing AI interactions with more natural conversations.
Toyota will invest $3.6 billion in a new Texas plant, shifting Tacoma truck production from Mexico and creating 2,000 jobs.
SK Hynix launches a $28 billion U.S. share sale, leveraging booming AI demand to expand its global investor base and growth.
Amazon accelerates Project Kuiper satellite rollout, challenging SpaceX Starlink with global broadband plans
Tesla caps employee AI tool spending at $200 weekly, requiring approval for higher usage to control costs while expanding AI adoption.
Ford employee fired over a $1.95 cookie was reinstated after bank records proved payment, raising workplace fairness concerns.
Meta launches Pocket, an AI app that creates interactive games and apps from text prompts with remixing and community discovery features.
Alibaba bans Anthropic’s Claude Code over alleged security risks, directing employees to adopt its in-house Qoder AI coding platform instead.
Microsoft deploys 6,000 employees to help businesses adopt AI faster through its new $2.5 billion enterprise AI initiative.
OpenAI explores granting the U.S. government a 5% stake before its IPO, aiming to expand public benefits from AI growth.
The e-commerce giant will pay $600 million after failing to block thousands of overseas contraband transactions.
The Japanese technology investor is offering corporate repayment guarantees to ease lender concerns over private market valuations.
Companies are reversing AI-driven layoffs, rehiring employees after discovering human expertise remains essential for quality.
Apple cuts iPhone 17 production by 15% as sales slow ahead of the expected iPhone 18 launch later this year.