The Jobless Growth Conundrum As artificial intelligence continues its rapid integration across industries, economists and business leaders are grappling with…
The Unplanned Path to Leadership Dustin Moskovitz’s journey from Facebook cofounder to reluctant CEO reveals a troubling trend in corporate…
Three European aerospace titans have agreed to merge their space businesses into a unified joint venture. The combined entity aims to create a resilient European space competitor with global market ambitions.
Three of Europe’s largest aerospace and defense companies have reportedly reached a landmark agreement to combine their space operations into a new joint venture, according to an October 23 announcement. Airbus, Leonardo, and Thales signed a memorandum of understanding to merge significant portions of their space businesses, creating what analysts suggest could become Europe’s premier space technology champion.
Major European Space Consolidation Underway Three of Europe’s largest aerospace and defense corporations—Airbus, Leonardo, and Thales—have taken a decisive step…
Meta has cut approximately 600 positions from its newly formed Superintelligence Labs division, according to internal reports. The layoffs primarily affect AI infrastructure and research teams while the company’s highest-profile recent hires remain protected under the new leadership structure.
Meta has eliminated approximately 600 positions within its Superintelligence Labs division, according to internal company communications and industry reports. The job cuts represent a significant restructuring of the multibillion-dollar AI initiative that was established earlier this year to accelerate the company’s artificial intelligence capabilities.
Tesla reported mixed Q3 results with record revenue but missed profit expectations. CEO Elon Musk outlined ambitious autonomous driving and Optimus robot timelines while defending his proposed $1 trillion pay package against corporate critics.
Tesla’s third-quarter financial results presented a complex picture, with the company reportedly achieving record revenue while falling short on profitability metrics. According to the earnings report, Tesla’s revenue reached an all-time high, exceeding Wall Street forecasts after delivering a record number of vehicles during the quarter. However, sources indicate both profits and adjusted earnings per share missed analyst expectations, contributing to a significant stock decline. During Wednesday’s earnings call, Tesla shares reportedly fell approximately 4.5% in after-hours trading, adding to earlier losses.
The Battle for Control Over Tesla’s Robotic Future Elon Musk stands at a pivotal crossroads that could determine not only…
Massive AI Infrastructure Deal Reshapes Digital Landscape Applied Digital has secured one of the largest artificial intelligence infrastructure agreements in…
Staffing giant Kelly Services is cutting approximately 2% of its corporate workforce, affecting about 100 employees. The restructuring comes as US employers’ hiring plans reach their lowest level since 2009, according to industry reports.
Kelly Services, one of the nation’s leading staffing and recruiting firms, is implementing a targeted reduction of its corporate workforce, according to company statements. The Troy, Michigan-based company confirmed it is cutting approximately 2% of its corporate employees, which sources indicate would affect about 100 workers from its 5,000-person corporate team.
OpenAI Expands AI Ecosystem with Dedicated Web Browser OpenAI has officially entered the browser market with the announcement of ChatGPT…
