Oracle Cuts 21,000 Jobs as AI Reshapes Workforce in Past Year
Oracle cut 21,000 jobs globally in the past year as AI integration reshapes its workforce, with $1.8bn in restructuring costs and plans for $50bn infrastructure investment.
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Business
Millions of UK iCloud Users May Share £3bn in Apple Lawsuit After UK Approval
A UK class action lawsuit against Apple over iCloud alleges users were locked into costly services. Millions may claim part of a £3bn settlement if successful.
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California drivers have filed a class action lawsuit against major gas station operators, alleging the use of AI to coordinate and inflate gas prices, violating state antitrust laws.
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Castlelake’s £4.7bn bid for easyJet faces skepticism due to its price and complex EU ownership structure. Founder Stelios Haji-Ioannou remains silent, leaving shareholder support uncertain.
4 min readIndian Fintech Founder Kunal Shah to Lead WhatsApp as Will Cathcart Steps Down
Will Cathcart steps down as WhatsApp head after seven years, with Indian fintech founder Kunal Shah of Cred taking over amid Meta's efforts to expand in India.
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Oracle Cuts 21,000 Jobs as AI Reshapes Workforce in Past Year
2 min readMillions of UK iCloud Users May Share £3bn in Apple Lawsuit After UK Approval
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California Drivers Sue Gas Stations Over Alleged AI-Driven Price Inflation
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Castlelake’s EasyJet Bid Lacks Shareholder Support and Full Value
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Indian Fintech Founder Kunal Shah to Lead WhatsApp as Will Cathcart Steps Down
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SpaceX Surpasses Amazon as World’s Fifth Most Valuable Company
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British Council Plans Job Cuts and Closures to Repay £197m Loan
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SpaceX Acquires AI Coding Startup Cursor for $60bn Days After IPO
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