In his first public comments on Amazon’s latest round of mass layoffs, CEO Andy Jassy offered a surprising justification for cutting 14,000 jobs. The decision was not driven by financial pressures or the rise of AI, but by a deliberate effort to reshape the company’s “internal culture”, Jassy said.The explanation,…
European stocks opened lower on Friday as investors navigated a complex mix of signals, weighing a cautious stance from…
China’s manufacturing sector slipped further into contraction in October, underscoring the pressure on the world’s second largest economy as…
Netflix is weighing a bid for Warner Bros Discovery’s studio and streaming assets, marking what could be one of…
Three of the world’s most powerful technology billionaires made a surprise appearance at a popular Seoul fried chicken restaurant…
Volkswagen’s premium brand Audi lowered its full-year profitability guidance on Friday for the second time this year, as US…
Exxon Mobil and Chevron, two of the world’s largest oil producers, reported weaker third-quarter results on Friday as lower…
In a landmark summit aimed at defusing months of escalating tension, US President Donald Trump and Chinese leader Xi…
Lynas Rare Earths, an Australian company, announced on Thursday a 66% increase in its first-quarter revenue compared to the…