Amazon layoffs test former staff in crowded tech job market
Amazon’s largest cuts have coincided with wider tech layoffs and AI-driven restructuring, leaving some former employees facing lon...
By Marcus V. Thorne 1 month agoSection
Markets
AstraZeneca sell-off tests investor confidence in drug pipeline
A late-stage Wainua trial failure erased more from AstraZeneca’s shares than analysts’ valuation models suggested, putting focus o...
By Marcus V. Thorne 1 month ago
Trump warns Iran over alleged assassination threat as US expands sanctions
The US president threatened military retaliation while Treasury targeted an alleged financier linked to Iran’s leadership.
By Amanda Ross 1 month ago
AI spending shifts toward model routing and open-weight systems
Perplexity, Benchmark and Ollama executives say AI buyers are weighing task fit, cost and control as open models gain capability.
By Sarah Jenkins 1 month ago
US eases UAE chip export path as Warren questions MGX provision
Commerce said it would upgrade the UAE’s export-control status, drawing scrutiny over MGX’s use of a Trump-linked stablecoin in a...
By Amanda Ross 1 month ago
Apple hits record close as investors reassess its AI strategy
Apple’s 2026 gain has outpaced the Magnificent Seven as Wall Street gives more credit to its lower-cost approach to artificial int...
By Marcus V. Thorne 1 month agoApple sues OpenAI over alleged trade-secret theft for hardware push
Apple says OpenAI used former Apple staff and partners to obtain confidential information for consumer hardware, according to a fe...
By Marcus V. Thorne 1 month ago
Brockman’s remit widens at OpenAI as Simo steps back
OpenAI’s president will continue leading product and commercial efforts as the company prepares for a potential public listing.
By Amanda Ross 1 month ago
States move to open Trump Accounts for foster children
Twenty-five governors have pledged to open the tax-advantaged accounts for foster youth, according to HHS, as advocates weigh bene...
By Marcus V. Thorne 1 month ago
Leveraged SK Hynix ETFs put single-stock fund risks back in focus
Planned U.S. funds tied to SK Hynix extend a fast-growing corner of the ETF market that uses leverage to magnify bets on individua...
By Sarah Jenkins 1 month ago
Meta rally gathers pace as cloud plans ease AI spending concerns
Meta shares rose nearly 18% from June 30 as investors weighed a potential cloud business and new AI tools against heavy capital sp...
By Marcus V. Thorne 1 month ago
Meta options volume jumps as AI plans revive trading interest
Meta shares rose Friday as traders concentrated on short-dated calls after new AI monetisation and coding-product announcements.
By Sarah Jenkins 1 month ago