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US Unemployment Claims Rise as Layoffs Increase, Indicating Weak Labor Market
Initial jobless claims in the US have surged to their highest level since August 2023, indicating potential challenges in the strong labor market. Employers are increasing layoffs despite recent positive hiring trends.
Roblox Shares Dip Sharply Due to Lower Spending and Intensifying Competition
Roblox's second-quarter bookings fell short, with shares dropping nearly 20% and revenue missing expectations at $780.7 million compared to the anticipated $784.9 million.
TikTok to Automatically Flag AI-Generated Content
TikTok introduces a new feature to automatically label artificial intelligence-generated content (AIGC) with guidance from experts and collaboration with OpenAI through its recent membership in the Coalition for Content Provenance and Authenticity (C2PA).
Boeing Faces New Safety Concerns as FedEx Cargo Plane Lands in Istanbul Without Front Gear
A FedEx Airlines Boeing 767 cargo plane landed in Istanbul without its front landing gear, sparking an ongoing investigation, which adds to Boeing's multiple aircraft incidents in 2024 alone.

















