Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella. “Before anything else, I want to speak to…
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Business
FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance
by adminby adminTrump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s…
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Paramount Global (NASDAQ: PARA) was in focus on Friday after the Federal Communications Commission (FCC) finally approved its $8.0 billion merger with Skydance Media. After more than a year of…
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Stock
China proposes global AI body, pushes for Shanghai HQ amid US export controls
by adminby adminAccording to a Reuter’s report, China has intensified its bid to shape the future of artificial intelligence by proposing a new global organisation for AI governance, as geopolitical rivalry with…
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Business
Uber will let women drivers and riders request to avoid being paired with men
by adminby adminUber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing platform. The new tool, which the platform will…
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Business
UnitedHealth says it faces DOJ investigation over Medicare billing practices
by adminby adminUnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street Journal reported in May that the Department of…
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Oracle stock price continued its strong surge this year and is now hovering near its all-time high. It was trading at $242 on Thursday, up by 106% from its lowest…
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Shares of Centene Corp. dropped sharply on Friday morning after the health insurer reported a surprise quarterly loss, driven by rising medical costs and a significantly higher-than-expected health benefits ratio.…