Industry

Stability AI Cuts 10% of Its Workforce Following the Controversial Exit of Its CEO

Stability AI Cuts 10% of Its Workforce Following the Controversial Exit of Its CEO

Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque. Artificial intelligence startup Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque.


China Slams US Probe Targeting Beijing's Logistic, Maritime, and Shipbuilding Industry

A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment.

Disneyland Cast Members Move One Step Closer to Unionizing as They File for Union Vote

Disneyland cast members who work in the shows, parades, and visitor meet-and-greets at the amusement park are getting closer to becoming a union.

Australia: March Employment Falls Short as Jobless Rate Continues to Climb

Australia's employment fell in March following a big surge in February, while the jobless rate rose.


Latest News

Intel, Linux Foundation, and Other Tech Companies Will Work Together to Build Open Generative AI Tools for Businesses
Intel and other major tech companies have launched the Open Platform for Enterprise AI (OPEA) project.
Donald Trump's Truth Social to Launch Streaming Platform, But Trump Media Stock Still Drops as New Plan Fails to Excite Investors
Investors in Trump Media & Technology Group's stock witnessed another dip even after its social media platform, Truth Social, announced it was entering the streaming world.
CHINA-ECONOMY
The first quarter of 2024 saw China's GDP grow 5.3% year-over-year, above expectations. Employees work on an engine assembly line at an engine manufacturing factory in Qingzhou, in China's eastern Shandong province on April 16, 2024.
Trump Media’s First Auditor Quits After Just a Few Months on the Job: Report
The first auditor appointed by former President Donald Trump's social media company has reportedly resigned after just a brief tenure.
Tesla Executives Drew Baglino, Rohan Patel Leave as the Company Lays Off 14,000 Workers
Two Tesla executives, Drew Baglino and Rohan Patel, are stepping down from their posts after the company announced steep layoffs.
Adobe Launches New Acrobat AI Assistant, But It's Not Free — Here’s What You Need to Know
Adobe has unveiled a new artificial intelligence-powered product called Acrobat AI Assistant. Adobe has unveiled a new artificial intelligence-powered product called Acrobat AI Assistant, designed to assist users in understanding digital documents.
Did Disney Send Kids to Jeffrey Epstein's Island for Snorkeling? Fake Viral Video Spread on TikTok, X
There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on platforms such as TikTok and X, are fake.
SAG-AFTRA, UMG, Other Major Labels To Protect Music Industry From AI—What To Know About New Anti-AI Deal
SAG-AFTRA, UMG, and other major labels decided to have a new deal to protect the music industry from AI.
The New York Times Dealbook Summit 2023
Elon Musk's announcement of layoffs exceeding 10% of Tesla's workforce led to a 1.20% decline in the company's stock during premarket trading, with investors expressing concerns over the decision's impact on the company's stability and future.
rice
India's tea and rice exporters to the Middle East saw their stock values collapse on worries of logistical issues and higher costs due to geopolitical tensions.
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