Amazon’s major restructuring cuts 14,000 corporate jobs as AI transformation reshapes roles across departments, with up to 30,000 layoffs expected amid growing automation investments.
Browsing: Corporate governance
PayPal partners with OpenAI to embed its wallet into ChatGPT, enabling secure shopping and agentic AI-powered checkout for hundreds of millions of users and merchants.
Tesla Board Chair Robyn Denholm urges shareholders to approve Elon Musk’s nearly $1 trillion pay plan, highlighting his pivotal role in advancing AI and future innovations.
Amazon is accelerating warehouse and delivery automation with AI-driven robots, smart glasses, and intelligent workforce tools to boost efficiency, safety, and sustainability across its logistics network.
U.S. chipmakers like Nvidia, AMD, and Broadcom are adopting Silicon Valley-style stock-based incentives to retain top talent amid soaring valuations and an intensifying AI-driven talent race.
Boeing faces mounting pressure as over 3,200 machinists reject its latest contract offer, extending a three-month strike that disrupts jet deliveries and defense production.
Former Musk aide James Fishback calls for a complete overhaul of the H-1B visa program, urging America to end foreign hiring and prioritize homegrown talent.
Target plans to cut 1,800 corporate jobs to simplify operations, boost growth, and address declining sales, inventory challenges, and increased competition from rivals like Walmart and Amazon.
Major U.S. companies, including Walmart, Cognizant, and TCS, are pausing or reshaping H-1B hiring strategies after President Trump’s $100,000 visa fee hike disrupts recruitment plans.
Anthropic expands its partnership with Google Cloud, gaining access to over a gigawatt of TPU capacity to power the next generation of Claude AI models.
OpenAI acquires Software Applications, Inc., creators of the AI-powered Mac interface Sky, strengthening its push to integrate ChatGPT and AI tools seamlessly into everyday workflows.
Elon Musk reacts to reports that Amazon plans to replace tens of thousands of jobs with robots, saying AI will make working optional in the future.
Former Accenture CTO Karthik Narain joins Google Cloud as Chief Product and Business Officer, leading global product, engineering, and AI-driven business strategy under CEO Thomas Kurian.
Volkswagen faces potential production disruptions amid a dispute with chipmaker Nexperia, highlighting Europe’s dependence on semiconductors and the impact of geopolitical tensions on global supply chains.
OpenAI has launched ChatGPT Atlas, an AI-powered browser that integrates ChatGPT for interactive search, task automation, and personalized browsing, marking a major shift in web navigation.
Amazon plans to automate 75% of its operations by 2027, potentially cutting 160,000 U.S. jobs and saving $12.6 billion, sparking concerns over mass job losses.
Meta has signed a $27 billion financing deal with Blue Owl Capital to build its largest-ever Hyperion data center in Louisiana, powering next-generation AI infrastructure.
JPMorgan & Chase unveils its $3 billion Midtown Manhattan headquarters, designed as a sustainable, tech-forward, and amenity-rich workplace to attract and retain top talent.
A massive Amazon Web Services outage disrupted major online platforms worldwide, costing companies millions per hour and exposing the global economy’s heavy reliance on a single cloud provider.
Nvidia unveiled its first U.S.-made Blackwell chip at TSMC’s Phoenix facility, marking a milestone in American semiconductor manufacturing and the next generation of AI innovation.
Salesforce CEO Marc Benioff apologized after backlash over his support for deploying the National Guard to San Francisco, clarifying the city doesn’t need federal troops.
A widespread AWS outage disrupted major apps and websites including Snapchat, Venmo, and Reddit, before Amazon reported “significant signs of recovery” by Monday afternoon.
JPMorgan CEO Jamie Dimon warns that recent bankruptcies in the auto industry may signal deeper risks in corporate lending after years of lax credit standards.
Lyft is expanding its global footprint with a new Toronto tech hub, European acquisitions, and plans to integrate autonomous vehicles to drive future international growth.
Apple executive Ke Yang, who recently led the company’s AI-driven web search team “Answers, Knowledge and Information,” is leaving to join Meta amid intensifying AI talent wars.