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As AI drives efficiencies in U.S. firms, over 950,000 jobs face cuts in pursuit of 'jobless growth,' warns Nikkei. Reports from Fortune, Reuters, and others detail layoffs at Amazon and beyond, signaling a shift where productivity rises without hiring. This trend poses challenges for workers and the economy.
Snyk's AI Readiness Framework is your roadmap for building and maturing secure AI development practices in the new AI risk landscape.
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The Trump administration blocked Nvidia's efforts to export advanced AI chips to China, prioritizing national security amid talks with Xi Jinping. Despite CEO Jensen Huang's lobbying, restrictions on Blackwell processors remain, highlighting U.S. efforts to maintain AI dominance. This decision underscores ongoing tech rivalries and smuggling challenges.
Berkshire Hathaway's cash reserves soared to a record $381.7 billion in Q3 2025, amid a 34% operating earnings jump, as Warren Buffett halted buybacks signaling market caution. This positions successor Greg Abel with ample firepower for future deals in a potentially volatile landscape.
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Italian tech firm Bending Spoons is acquiring AOL from Yahoo for about $1.5 billion, backed by $2.8 billion in debt financing. This deal aims to revitalize the iconic internet brand through AI and operational efficiencies, adding to Bending Spoons' growing portfolio of digital assets.
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