Technology

Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations

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Lufthansa announced on Monday that it will cut 4,000 jobs worldwide by 2030 as part of a major restructuring plan that leans heavily on artificial intelligence to boost efficiency and profitability. The airline group said most of the reductions will target administrative roles, particularly in Germany, as the company streamlines overlapping tasks and embraces digital […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Startup Founder Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud

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Charlie Javice, the 33-year-old founder of fintech startup Frank, has been sentenced to just over seven years in federal prison after being convicted of defrauding JPMorgan Chase in its $175 million acquisition of her company. In March, a jury found Javice and her former chief growth officer, Olivier Amar, guilty on three counts of fraud […]

Perplexity Unveils ‘Comet’ — A Smart AI Web Browser for Premium Users

How a “Nudify” Website Turned Friends Into Unexpected Leaders in the Battle Against AI-Generated Porn

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In June 2024, technology consultant Jessica Guistolise received a late-night call that would alter her life. An acquaintance, Jenny, revealed disturbing evidence: her estranged husband had used an AI-powered platform called DeepSwap, a so-called “nudify” site, to generate deepfake pornography of more than 80 women in Minneapolis — all created by manipulating personal social media […]

Pentagon Awards Up to $200M to Anthropic, Google, OpenAI, and xAI for National Security AI Projects

EA to Go Private in Record $55 Billion Deal, Shareholders to Receive $210 Per Share

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Electronic Arts (EA) announced Monday that it will be taken private in a massive $55 billion all-cash acquisition led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. Under the agreement, EA shareholders will receive $210 per share in cash, marking one of the largest leveraged buyouts in Wall Street history. The […]

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up

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Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Bitcoin Slips to $113K as Market Uncertainty Weighs; Altcoins Face Double-Digit Losses

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NEW YORK — Bitcoin pulled back on Monday, cooling off after hitting a one-month high last week, as traders looked beyond the Federal Reserve’s latest rate cut and awaited fresh signals on the U.S. economic outlook. The world’s leading cryptocurrency slipped 2.5% to $113,000 as of 09:39 ET (13:39 GMT), retreating from last week’s peak […]

Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Microsoft Hikes Xbox Prices in the U.S. Amid Economic Shifts and Tariff Pressures

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REDMOND, Wash. — Microsoft announced on Friday that it will raise the retail prices of several Xbox consoles in the U.S. starting October, citing the impact of a shifting macroeconomic environment. The company clarified that accessories such as controllers and headsets will remain unaffected, and pricing across other countries will stay unchanged. Although Microsoft did […]

Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation

India’s $18 Billion Bet on Semiconductors: Can It Build the Next Global Chip Powerhouse?

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NEW DELHI — India has set its sights on becoming a major player in the global semiconductor industry, pledging investments worth 1.6 trillion rupees ($18.2 billion) to build a full-fledged chip ecosystem. The push comes as nations worldwide race toward semiconductor self-reliance, following U.S. restrictions on advanced chip exports to China in 2022. For India, […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers

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WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]

Big Tech Soars: Google Antitrust Win, Apple Boost & $10B AI Deals Drive Market Value to $21 Trillion

Apple Stock Surges After iPhone 17 Launch, Turns Positive in 2025

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CUPERTINO, Calif. — Apple’s stock has bounced back strongly following the launch of its latest devices, erasing all of its 2025 losses and turning positive for the year. After a 4% rally on Monday, Apple shares are now up just over 2% year-to-date, making it the last of the major tech giants to enter positive […]

Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.