Bob Iger rejoins Thrive Capital Disney exit as AI investment focus grows amid leadership changes and succession shifts
Browsing: Business
Nike cuts 1,400 jobs globally as tech teams face layoffs amid slowing sales, restructuring efforts and growing competitive market pressure.
Meta plans 8,000 layoffs in May as company redirects resources toward artificial intelligence and efficiency goals
Microsoft plans buyouts for 9,000 US employees as AI spending and soaring data center costs pressure margins.
The proposed Paramount-Warner merger raises concerns over jobs, creativity, and New York’s economy amid political scrutiny.
SpaceX told prospective investors that its board will not be required to have a majority of independent directors
Netflix announces $25B buyback after abandoning Warner Bros Discovery bid, signaling shift toward shareholder returns, financial discipline
AI disruption fears hit software stocks as IBM and ServiceNow results trigger sector selloff while chipmakers surge
Shareholders weigh Warner Bros. Discovery-Paramount deal amid governance concerns, compensation debate, and industry shake-up.
Novartis CEO Vas Narasimhan joins Anthropic board signaling push into AI driven drug discovery and healthcare innovation partnerships
Trump amplifies immigration claims targeting Indian Chinese tech workers revives birthright citizenship debate, Silicon Valley hiring tension
At Startup Bazaar: DC Climate Week, Sumit Bhatnagar traces the long arc of building a solar business in a market that took years to arrive
Amazon said it is partnering with Bandsintown, a live event listing platform, to bring concert listings to its music streaming service
OpenAI is partnering with Infosys to integrate its artificial intelligence tools, including coding assistant Codex, into the Indian tech firm’s Topaz AI platform
Merck partners with Google Cloud to deploy AI in drug discovery, clinical trials, and manufacturing, signaling a major pharma shift.
SpaceX partners Cursor on AI coding tools, secures $60 billion acquisition option amid rapid valuation surge and IPO plans
Microsoft cuts Xbox Game Pass prices drops Call of Duty day one launch amid competition and strategy shift
New York sues Coinbase and Gemini over unlicensed prediction markets, calling platforms illegal gambling targeting young users
Redwood Materials cuts 10% workforce amid restructuring despite $6 billion valuation citing shift toward energy storage growth strategy
Tim Cook legacy simplicity Apple philosophy Picasso bull design subtraction innovation leadership transition John Ternus future challenges
Former Microsoft pro Swapnil Sagar trades the “American Dream” for India, escaping visa stress and layoffs for freedom.
Tennessee gave Oracle $240M for Nashville HQ, but few jobs followed, raising fresh concerns about AI, layoffs, and visas.
Paramount redesigns its streaming app with short-form videos, aiming to boost engagement and compete in a fast-changing media landscape.
Elon Musk bought $1.4 billion in SpaceX shares ahead of a historic IPO targeting a $1.75 trillion valuation.
Amazon invests $5 billion in Anthropic, expanding their partnership to $25 billion for AI infrastructure and AWS cloud development.

