Iranian foreign minister: Iran cannot give up on nuclear enrichment
Iran says it won’t abandon uranium enrichment despite severe damage to its nuclear facilities during last month’s conflict with Israel and the U.S...
Microsoft has announced 6,000 job cuts, representing nearly 3% of its workforce, as part of a strategy to streamline operations and prioritize investments in artificial intelligence.
Microsoft began laying off 6,000 employees, marking its largest job reduction in over two years. These cuts, which affect roles across all levels and departments, are aimed at reducing management layers and aligning the workforce with evolving company priorities.
The decision follows Microsoft’s robust financial performance earlier this year and reflects broader industry trends as tech giants adjust strategies post-pandemic. Chief Financial Officer Amy Hood emphasized the importance of agility and high-performing teams, while the company continues significant investments in AI infrastructure and technology.
Employees in the U.S., including nearly 2,000 at the Redmond headquarters, were heavily impacted. The layoffs also extend to areas like Xbox and LinkedIn, with some executives sharing emotional messages about the decision's impact on staff.
Despite the layoffs, Microsoft remains focused on its long-term vision, particularly around the potential of artificial intelligence to transform work processes and products.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
China’s June exports of rare-earth permanent magnets to the U.S. have skyrocketed by 660%, reaching 353 metric tons, as Beijing lifted earlier restrictions under a new trade pact—though volumes remain below June 2024 levels amid ongoing supply chain recovery.
China is set to prohibit the resale of new cars within six months of registration, aiming to end the practice of inflating sales through so-called 'zero-mileage' used vehicles and restore transparency in the competitive auto market.
Oil prices fell below the key $70 per barrel mark last week as increased output from OPEC+ eased supply concerns, while renewed U.S. tariff threats under President Donald Trump weighed on global demand expectations.
U.S. markets closed mostly flat Friday, capping a third winning week out of four.
U.S. President Donald Trump signed the GENIUS Act into law on Friday, creating the first U.S. regulatory framework for dollar-backed stablecoins and marking a major win for the crypto industry.
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