Amazon CEO Andy Jassy's AI-Led Job Cuts Warning Sparks Backlash As Employee Reportedly Says 'It's Clearly Part Of The Plan' - Amazon.com ( NASDAQ:AMZN )
Amazon.com Inc. AMZN CEO Andy Jassy announced Tuesday that artificial intelligence will reduce the company's corporate workforce due to efficiency gains, prompting immediate criticism from employees across internal communication channels.
Nokia launches Autonomous Network Fabric to help customers accelerate network automation
• Nokia Autonomous Network Fabric brings together all the capabilities required to accelerate the journey to full network automation in an open, cloud-native, multi-vendor environment. • Key features include a library of cross-domain correlated data products, telco-trained models ( LLM/LAM/ML ) ...
Bavarian Nordic Announces Sale of Priority Review Voucher for USD 160 Million
COPENHAGEN, Denmark, June 18, 2025 - Bavarian Nordic A/S ( OMX: BAVA ) announced today that it has entered into an agreement to sell its Priority Review Voucher ( PRV ) for a total cash consideration of USD 160 million.
Thailand Exempts Crypto Capital Gains to Boost Global Hub Ambitions
Deputy Finance Minister Julapun Amornvivat said Thailand aims to become "one of the world's financial hubs" with its crypto tax exemption.
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Darden Restaurants Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Darden Restaurants ( NYSE:DRI )
Darden Restaurants, Inc. DRI will release its fourth-quarter financial results before the opening bell on Friday, June 20. Analysts expect the Orlando, Florida-based company to report quarterly earnings at $2.96 per share, up from $2.65 per share in the year-ago period.
Where Will Energy Transfer Be in 5 Years?
Energy Transfer ( NYSE: ET ) has changed a lot over the past five years. In 2020, the master limited partnership's ( MLP ) financial profile had weakened to the point that it needed to slash its distribution by 50% to retain additional cash to fund its expansion projects and repay debt.
Elon Musk's xAI Seeks $5 Billion In Debt, Faces Lukewarm Demand - Even With 12% Yields On The Table
Elon Musk's AI venture, xAI, is reportedly on the brink of securing a $5 billion debt raise, led by Morgan Stanley, despite modest investor interest.
Apple Dodges $300 Million Patent Penalty As Appeals Court Cites Jury Instruction Errors In LTE Dispute With Optis - Apple ( NASDAQ:AAPL )
Apple Inc. AAPL avoided a $300 million patent infringement penalty on Monday after a federal appeals court ruled that faulty jury instructions violated the tech giant's constitutional rights in its dispute with patent licensing firm Optis Cellular Technology.
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