Meta and Microsoft Cut Jobs to Fuel AI Growth
Social media giant Meta on Thursday announced plans to lay off about 8,000 employees, or about 10% of its workforce, as it seeks to scale up development of artificial intelligence (AI) applications.
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Soldier Charged Over $400K Bets on Maduro Raid
A US Army Special Forces soldier has been charged with using classified information to make more than $400,000 (€342,480) betting on an online prediction market tied to the January operation that captured former Venezuelan President Nicolas Maduro, the US Justice Department said on Thursday.
ICC confirms Duterte will face trial over drugs crackdown
A three-judge panel at the International Criminal Court (ICC) on Thursday confirmed that former Philippine President Rodrigo Duterte can stand trial on charges of crimes against humanity. The charges relate to Duterte's alleged role in overseeing a deadly anti-drug crackdown while serving as president of the Philippines from 2016 to 2022.
Shareholders Approve Paramount's Warner Bros Acquisition
Warner Bros. Discovery shareholders voted overwhelmingly on Thursday to approve the sale of the company to Paramount. The deal could reshape Hollywood and the American media landscape, which critics say is already dominated by just a few powerful players. The European Commission and several US states, including California, are reviewing the merger.
European Naval Plan to Secure the Strait of Hormuz
European powers are moving to establish a multinational naval mission to secure shipping in the Strait of Hormuz after fighting in the Iran war disrupted traffic through one of the world’s most critical trade routes. At talks in London this week, military planners from 30 countries met to discuss how such an operation could work in practice and how commercial vessels could be protected.
Ceasefire Extended: What Comes Next in the Iran Conflict
Donald Trump likes to issue ultimatums, even if they don't end up being enforced. The US president issued one such deadline at the beginning of April, putting massive pressure on Iran, before announcing a 14-day ceasefire just as the time was about to run out.
Is Ethiopia Preparing for Conflict?
The political situation in the Horn of Africa continues to be dominated by tensions between Ethiopia and Eritrea. Ethiopian Prime Minister Abiy Ahmed has left little doubt: During a television appearance earlier this week, he emphasized that it is "not feasible at any time" to continue viewing Ethiopia as a landlocked country.
Samsung Workers Demand Bigger Share of AI Gains
About 40,000 Samsung Electronics workers rallied on Thursday, demanding a larger share of the company's booming profits. Unions warned they could launch an 18-day strike if their demands are not met, potentially disrupting the production of chips necessary to feed the growing AI industry. The South Korean giant said it would continue efforts to reach a swift agreement in ongoing wage negotiations.