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Amazon revealed plans for new global job cuts after an internal email was mistakenly sent to staff.The message, signed by AWS executive Colleen Aubrey, said affected workers in the US, Canada, and Costa Rica were already informed.The draft email described the layoffs as “Project Dawn” and cited future organisational needs.Amazon previously announced 14,000 corporate job cuts as it rolls back pandemic-era hiring.Chief executive Andy Jassy has warned AI may replace some roles.Amazon declined to comment on the latest reports.
Lawmakers Call for Clear Rules to Boost Investment MEPs from the European People’s Party are pushing the EU to treat nuclear fusion as more than just experimental research. On Tuesday, they issued a declaration urging the European Commission to establish a clear and predictable regulatory framework that could attract private investment, crucial for developing fusion given its high costs. “Fusion has reached a turning point. European industrial capability and private investments are converging toward deployment,” the declaration states. Lawmakers emphasized that Europe has a real chance to transform scientific leadership into industrial power while securing a clean and reliable energy…
Scientists launched an AI app that identifies dinosaurs from fossil footprints with about 90% agreement with human experts.Researchers from the University of Edinburgh helped develop the system.The team trained the AI using 2,000 unlabelled footprint silhouettes.The system compared prints using eight shape features, including toe spread and heel position.Professor Steve Brusatte said footprint shapes depend on movement and ground conditions.Lead author Gregor Hartmann warned many past footprint labels may be incorrect.The free DinoTracker app lets users upload prints and compare similar examples.Results support earlier claims that some ancient tracks look birdlike.Brusatte said the tracks likely came from birdlike meat-eating dinosaurs,…
A high-profile trial over alleged social media addiction begins Tuesday in California. Senior executives from leading technology companies are expected to testify. The outcome could reshape legal accountability for digital platforms. The plaintiff is a 19-year-old woman identified as KGM. She claims platform algorithms caused addiction and harmed her mental health. She says design choices encouraged compulsive use during her teenage years. The defendants include Meta, owner of Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat reached a settlement with the plaintiff last week. The remaining companies now face trial. The trial will take place at Los…
The US Securities and Exchange Commission has agreed to dismiss its lawsuit against the Winklevoss twins’ crypto exchange.The decision followed the full repayment of assets to investors in the Gemini Earn lending program.Regulators cited the return of funds through the Genesis Global Capital bankruptcy process in 2024.The move reflects a friendlier regulatory approach toward cryptocurrencies under President Donald Trump.Trump reversed stricter policies, supported the crypto industry, and promoted wider use of digital assets.The SEC stressed the dismissal does not affect its stance in other enforcement cases.
Eight Nations Approved for SAFE Funding The European Commission has approved defence investment plans from Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia, and Finland under the EU’s €150 billion Security Action for Europe (SAFE) programme. These eight countries requested a combined €74 billion, with Poland accounting for €43.7 billion alone. SAFE is a key part of the EU’s Readiness 2030 plan, which aims to inject hundreds of billions of euros into European defence by the end of the decade amid warnings that Russia could threaten another European nation. This second round of approvals follows €38 billion granted earlier in January…
Gold prices surged past $5,000 (£3,659) an ounce for the first time, extending a historic rally. The precious metal has risen more than 60% during 2025, marking one of its strongest years ever. Geopolitical and financial tensions have driven the surge. Disputes between the United States and Nato over Greenland have unsettled investors. Markets remain highly sensitive to global instability. US President Donald Trump has heightened uncertainty with aggressive trade policies. He recently threatened a 100% tariff on Canada. The warning targets any Canadian trade deal with China. Safe-haven buying lifts precious metals Investors often flock to gold during turbulent…
The World Bank Group has officially launched its first office in Doha, marking a new phase in its partnership with Qatar and reinforcing the country’s growing role in global development and finance. The office, inaugurated on Sunday, will focus on development financing, mobilising private investment, and supporting countries affected by fragility and conflict. It is hosted at the Qatar Fund for Development (QFFD) headquarters, in collaboration with the Ministry of Finance. At the ceremony, World Bank Group President Ajay Banga said the move reflects a deepening partnership. He highlighted Qatar’s potential to support neighbouring countries’ growth while attracting private capital…
Coca-Cola has launched legal action against Vue after the cinema chain replaced it with PepsiCo as soft drink supplier. Vue ended the near 25-year partnership last year after putting the contract out to tender, selecting PepsiCo through 2030. Coca-Cola Europacific Partners Great Britain claims Vue owes unpaid debts following the contract termination. Vue says the disputed sum was under £100,000 and has now been fully resolved, with legal action withdrawn.
US President Donald Trump has issued a strong warning to Canada. He said the United States would impose 100% tariffs on all Canadian goods. Trump shared the threat on his social media platform. He said the tariffs would take effect immediately. The warning targets any trade deal or partnership between Canada and China. Trump said Canada would face severe penalties if it pursued agreements with Beijing. He said the tariffs would cover all Canadian products entering the United States. He framed the move as protection for American industries. He offered no exemptions or negotiations. The statement escalated tensions between Washington…
