The e-commerce giant aims to boost second-quarter results by shifting its major mid-summer savings event from July.
Browsing: Corporate governance
Blr-based Greenspace Herbs launches Quantum Ayurveda in the U.S., combining clinical research, enhanced botanicals, New Jersey operations.
Quince reaches $10.1B valuation after $500M Series E led by Iconiq, doubling value amid growth and design lawsuits.
Atlassian cuts 10% workforce, over 1,600 roles, amid AI restructuring, financial pressures, and leadership changes including CTO exit.
Internal documents and employee accounts suggest a massive displacement of human roles by automated workflows and offshore contractors.
OpenAI faces backlash over Pentagon AI deal as employees resign, protests emerge, and rivals like Anthropic gain users.
Sony faces $2.7B lawsuit in London over PlayStation Store pricing, accused of overcharging UK gamers for digital games.
US economy loses 92,000 jobs in February as hiring slows, unemployment rises, and AI uncertainty shapes labor market trends.
California court denies xAI bid to block AI data transparency law requiring disclosure of training datasets amid scrutiny.
SoftBank seeks up to $40 billion loan to fund a massive OpenAI investment, signaling Masayoshi Son’s aggressive push into the AI boom.
Cloud giant targets workforce reductions to manage a cash crunch following a massive investment in infrastructure.
Internal software code deployment triggers hours of frustration for thousands of shoppers across the United States.
Apple unveils MacBook Neo, iPhone 17e, M5 MacBooks, M4 iPad Air, and Studio Display lineup launching March 11.
Broadcom forecasts AI chip revenue to surpass $100 billion by 2027 as demand from big tech like Google, OpenAI, and Meta accelerates.
Nvidia signals final investments in OpenAI and Anthropic as AI firms prepare for IPOs amid rapid growth in global AI infrastructure.
CaaStle founder Christine Hunsicker pleads guilty to $300 million securities fraud after misleading investors with fabricated financials.
The retail giant’s latest white-collar cuts follow the cancellation of its high-profile Blue Jay project.
Intel board chair Frank Yeary retires after 17 years as Craig Barratt succeeds amid Lip-Bu Tan’s turnaround strategy.
Cognizant has secured a deal from commercial vehicle manufacturer Daimler Trucks to transform and modernize its global workplace services.
Jack Dorsey’s company Block, which operates payment apps Square, Tidal, and Cash App said it would be laying off 4,000 of its 10,000 employees
Trump urges AI companies to cover rising electricity costs as data centers strain the national power grid.
Laid-off H1B visa holder’s viral Reddit post sparks debate over USCIS rules, stamping delays, and reentry risks.
OpenAI hires Meta AI researcher Ruoming Pang amid intensifying AI talent war and internal shifts toward ChatGPT.
ByteDance reaches $550 billion valuation as General Atlantic sells stake, driven by TikTok’s global growth and influence.
U.S. judge Vince Chhabria allows hiring bias lawsuit against Tesla over alleged H-1B visa preference to proceed.