Major Paramount layoffs begin today with CEO David Ellison seeking to reposition the company
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OpenAI has finalized a major restructuring, solidifying its nonprofit foundation’s control over the company’s profit-driven operations
Vinod Khosla calls for a radical rethink of capitalism, proposing U.S. government ownership in public companies to share AI-driven wealth and ensure social stability.
UPS announces its “most significant strategic shift in history,” cutting 48,000 jobs and closing 93 facilities to streamline operations, boost efficiency, and offset rising costs.
Meta is laying off over 700 employees across its Puget Sound and Bay Area offices as part of a major restructuring of its AI and product teams.
AMD and the U.S. Department of Energy have partnered in a $1 billion deal to build two AI-driven supercomputers, Lux and Discovery, to advance science, energy, and healthcare.
Musk, who was once an admirer of Wikipedia, has accused the platform of harboring a “liberal bias.”
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.
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.
SkillStorm CEO Justin Vianello supports reforms to the H-1B program, warning that wage gaps and visa misuse are hurting U.S. IT graduates’ job opportunities.
Zerodha is expanding into global markets by enabling direct U.S. stock trading through GIFT City, targeting NRIs with tax benefits and a seamless investment experience.
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.
The Swiss drugmaker on Sunday said it agreed to acquire U.S. biotech firm Avidity Biosciences for about $12 billion in cash
JP Morgan Chase has chosen antimony and gold miner Perpetua Resources for its first investment with its $1.5 trillion fund for U.S. national security
South Korea’s HD Hyundai Heavy Industries and U.S. shipbuilder Huntington Ingalls have partnered to jointly build Navy auxiliary ships, strengthening defense cooperation and revitalizing America’s shipbuilding industry.
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.
Microsoft AI Chief Mustafa Suleyman says the company will not build AI services offering “simulated erotica,” warning against conscious or erotica-focused artificial intelligence systems.
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.
Tesla CEO Elon Musk lashed out at critics of his proposed $1 trillion compensation package on Wednesday