Business

Meta Cuts 600 AI Jobs as Superintelligence Lab Restructures

Layoffs Follow Company’s Push for Efficiency and Reorganization Meta is laying off around 600 employees from its superintelligence lab as part of a broader restructuring of its artificial intelligence operations,...

World Court Orders Israel to Allow UNRWA Aid Into Gaza

ICJ Rules Israel Must Facilitate Humanitarian Relief Efforts The International Court of Justice (ICJ) ruled Wednesday that Israel must...

Napster Reinvents Itself With AI “Holographic Assistant” for Mac

From Music Sharing to Desktop AI: Napster View Arrives More than two decades after its rise and fall as...

Retinal Chip Restores Sight in Groundbreaking Eye Implant Trial

PRIMA System Helps 26 of 32 Patients Regain Central Vision A revolutionary eye implant known as the PRIMA system...

Kering Sells Beauty Unit to L’Oréal for €4 Billion

Deal Marks Strategic Shift Under New CEO Luca de Meo Gucci owner Kering has agreed to sell its beauty...
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Nelson Peltz Steps Down as Chair, Wendy’s Begins New Era

Nelson Peltz, a key figure in Wendy’s growth and strategic direction over the past 17 years, has stepped down as chairman of the company’s...

Apple Launches iPhone 16: AI Revolutionizes User Experience

Today, Apple is unveiling the highly anticipated iPhone 16 at its annual hardware event. While the device’s exterior may not appear dramatically different, the...

Surge in Restaurant Bankruptcies Highlights Industry Struggles

The restaurant industry is facing a challenging year as a growing number of chains file for bankruptcy. As of 2024, at least ten notable...

Increase in AI-Generated Spam Floods Facebook Feeds

Recently, Facebook has seen a noticeable rise in AI-generated spam content invading users' feeds. People who used to check Facebook to keep up with...

Abercrombie & Fitch Boosts Annual Forecast Amid 21% Revenue Surge

Abercrombie & Fitch recently reported robust financial results for its fiscal second quarter, with a 21% jump in revenue, showcasing the retailer's continued growth...

NASA Chooses SpaceX Over Boeing Starliner for Crew Return

Boeing’s Starliner capsule, which has been docked at the International Space Station (ISS) since early June, will return to Earth without the NASA astronauts...