In recent months, a growing number of large firms across technology, finance and services have cited artificial intelligence as the justification for sweeping job cuts. At first glance, the narrative seems to underscore the transformative power of automation—but a deeper analysis suggests that AI is increasingly serving as a convenient cover for broader restructuring strategies,…
Gilead Sciences’ antibody–drug conjugate (ADC) Trodelvy has demonstrated a 38 percent reduction in disease progression risk in patients with triple-negative breast cancer (TNBC), one of the most aggressive and treatment-resistant forms of the disease. The findings, presented at a major European oncology meeting, mark one of the most significant therapeutic advances for this subtype in…
Meta Platforms, the parent company of Facebook and Instagram, is introducing a sweeping set of parental control measures designed to give parents more oversight of how their teenage children interact with artificial intelligence on its platforms. The move comes after sharp criticism over “flirty” and inappropriate responses by the company’s AI chatbots, raising questions about…
In a dramatic show of state intervention, the Dutch government has assumed effective control over Nexperia, a semiconductor firm based in Nijmegen and owned by China’s Wingtech. The move marks a rare invocation of emergency powers under the Netherlands’ Goods Availability Act, citing “serious governance shortcomings” and pressing risks to European technological sovereignty. While Nexperia…
OpenAI has taken another major step toward technological self-reliance by striking a long-term partnership with Broadcom to develop and produce its first in-house artificial intelligence processor. The deal, one of the largest in the global semiconductor sector this year, underscores how OpenAI is accelerating its move from software innovation to hardware control—a shift aimed at…
In a bold move that signals traditional finance’s embrace of crypto infrastructure, ten major global banks have announced a joint initiative to explore issuing stablecoins pegged to G7 currencies. Rather than a speculative play, the endeavor reflects growing conviction that blockchain-based tokens backed 1:1 by fiat reserves could reshape payments, competition, and cross-border flows—but only…
When Japan’s brewing powerhouse Asahi Group was struck by a ransomware attack in late September, the disruption went beyond a simple shutdown—it forced one of Japan’s most technologically advanced beverage producers back to pen, paper, and fax machines. In the space of hours, its automated order systems, logistics platforms, and digital supply networks were paralyzed.…
Britain’s competition regulator has launched a decisive move to reshape the terrain of online search by targeting Google with unprecedented oversight. By designating Google’s general search and search advertising services as holding ““strategic market status,”“ the Competition and Markets Authority (CMA) is signaling that Google no longer simply dominates but must be regulated—potentially redefining how…
At the Global Fintech Fest 2025 in Mumbai, PayPal President and CEO Alex Chriss unveiled an ambitious global payments vision centered around interoperability — a future where every digital wallet, regardless of geography or technology, can seamlessly transact with one another. At the heart of this vision lies India’s Unified Payments Interface (UPI), which PayPal…
In a decisive shift of direction, OpenAI is placing a “huge focus” on expanding its presence in the enterprise market—deploying a growing suite of alliances and platform tools aimed at embedding its technologies across business workflows. This strategic recalibration is rooted in both internal imperatives and broader competitive dynamics in the tech industry. Behind the…
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