Washington Post scraps sports department amid mass layoffs, restructuring newsroom as digital traffic drops and financial pressures intensify.
Browsing: Corporate governance
Amazon plans to use AI tools at Amazon MGM Studios to cut costs and speed up film and TV production for Prime Video.
U.S. government and states appeal Google antitrust ruling, targeting Chrome, search monopoly, Apple deal, and data-sharing remedies.
Darden Restaurants will close all remaining Bahama Breeze locations nationwide, ending the Caribbean-themed chain after declining sales.
PayPal shares plunge after CEO exit and weak 2026 forecast, raising concerns over growth, strategy, and retail slowdown.
Elon Musk’s unconventional merger of SpaceX and xAI raises questions about valuation strategy, AI–space synergies for a historic IPO.
Amazon plans 2,200 job cuts in Washington, adding to massive layoffs as leadership restructures amid technology shifts.
Adobe faces backlash after announcing Adobe Animate shutdown in 2026, as users react to the company’s AI-driven shift.
OpenAI launches Codex desktop app for AI coding, enabling multi-agent workflows, skills, and expanded access for ChatGPT users.
SpaceX seeks FCC approval to launch solar-powered satellite data centers, reshaping AI computing and space infrastructure.
Meta faces a landmark trial as ew Mexico’s attorney general alleges its platforms prioritize profit over children’s safety.
Capgemini plans to sell its ICE-linked US subsidiary amid controversy over surveillance, ethics, and corporate responsibility.
Oracle plans to raise up to $50 billion through debt and equity for cloud infrastructure amid AI demand and debt concerns.
Nvidia stalls proposed $100 billion OpenAI investment amid internal doubts, strategic uncertainty, and market reaction.
Pentagon and Anthropic clash over military AI safeguards, surveillance limits, and ethical use amid stalled $200 million contract talks.
Microsoft highlights Copilot AI adoption, cloud growth, and massive AI infrastructure investments during Nadella’s latest earnings call.
Apple plans premium iPhone launches in 2026, focusing on foldable models, higher profits, and supply chain optimization.
Boycott Amazon trends after Reddit claims U.S. workers were laid off while H-1B visa holders retained jobs.
Tesla invests $2 billion in Elon Musk’s xAI, boosting AI integration, robotaxi plans, and long-term autonomous mobility strategy.
Starbucks removes CEO jet cap for Brian Niccol, citing security threats, increased scrutiny, and enhanced executive safety measures.
Amazon cuts 16,000 more corporate jobs, totaling 30,000 layoffs, as AI adoption and restructuring reshape operations.
Google agrees to pay $68 million to settle a privacy lawsuit over alleged Google Assistant voice recording violations.
Nvidia unveils open-source AI weather models to deliver faster, cheaper, and more accurate forecasts across global meteorology.
Nike to cut 775 U.S. distribution jobs as automation and supply chain restructuring reshape operations amid slowing sales.
iPhone users receive payouts from Apple’s $95 million Siri privacy settlement over alleged unauthorized voice recordings.