AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years

AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years

US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.


Amazon to Discontinue Its Astro for Business Security Robot

Amazon has announced it will discontinue its Astro for Business security robot and shift its focus back to household robots.

[TIMELINE] How Boeing Came Under Fire by Federal Lawsuit Over Fatal Crashes

Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.

Sony Cuts Jobs in Optical Media Plant, Phases Out Physical Disc Production

Sony announced that it would phase out recordable disc development and production after cutting up to 250 jobs at its optical media unit in northeastern Japan.


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Walmart Announces Deals Sale to Compete with Amazon’s Prime Day
Walmart is set to hold its Deals sale from July 8 to 11, a week before Amazon’s Prime Day, and is expected to outmaneuver the Amazon event profit-wise as it is open for everyone.
FTC’s Ban on Worker Noncompete Agreements Partially Blocked by US Judge
The FTC’s rule to ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses has been blocked by the US District Court.
Microsoft Breach Hits US Agencies: State Department and VA Among Affected
Several US government entities, including the Department of Veterans Affairs and a State Department arm, have confirmed being affected by a Microsoft breach attributed to Russian state-sponsored hackers.
Tesla Announces New 'Military Purchase Program' with $1,000 Discounts Across Models
Tesla has introduced a new 'Military Purchase Program' offering $1,000 discounts on all models (except Cybertruck), aligning with a common industry practice among American automakers.
Former CBS Anchor Jeff Vaughn Files Discrimination Lawsuit Against Network
Former CBS anchor Jeff Vaughn has filed a discrimination lawsuit against the network and its parent company, Paramount Global.
Electric Maker Fisker Reveals Its Fisker Ocean Vehicle
EV startup Fisker has requested a bankruptcy judge's approval to sell over 3,000 Ocean electric SUVs to American Lease for approximately $14,000 each, totaling $46.25 million.
Ozempic, Wegovy Users May Face Rare Blindness Risk, Study Suggests Further Investigation Needed
A new study published in JAMA Ophthalmology suggests that taking Ozempic or Wegovy may increase the risk of developing a rare form of blindness.
Microsoft Agrees to $14.4M Settlement Over Retaliation and Discrimination Claims in California
Microsoft has agreed to a $14.4 million settlement following a California Civil Rights Department investigation that found the company discriminated and retaliated against employees who took parental, disability, or family care leave.
SKOREA-JAPAN-GAMES-FINAL FANTASY
Final Fantasy creator Hironobu Sakaguchi has reunited with Square Enix after over two decades to release an enhanced version of his latest game, Fantasian.
High-Tech Yen Bills: Japan Issues First Set of New Banknotes in 20 Years With Hologram Portraits
The first new banknotes of Japan in 20 years have finally hit circulation this week. The first new banknotes of Japan in 20 years have finally hit circulation on Wednesday, July 3.
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