Amazon revealed a new round of global job cuts through an internal email sent in error.The message reached workers at Amazon Web Services.It wrongly said affected staff in the US, Canada, and Costa Rica had already lost their jobs.Senior vice-president Colleen Aubrey signed the draft email.Amazon described the layoffs as “Project Dawn” and linked them to future restructuring.The company cut 14,000 corporate roles in October and continues reducing pandemic-era hiring.Amazon employs about 1.5 million people worldwide and is pushing cost savings and AI adoption.
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Lawmakers Push for Investment-Ready Regulations MEPs from the European People’s Party are calling on the EU to take nuclear fusion seriously as a viable energy source and to set out a clear regulatory framework to attract investors. In a declaration released Tuesday, lawmakers argued that Europe must move beyond viewing fusion as purely experimental and provide the legal certainty needed for private and industrial investment. “Fusion has reached a turning point. European industrial capability and private investments are converging toward deployment,” the declaration reads. Lawmakers emphasized that political support and financial mechanisms are now essential to turn fusion energy into…
Scientists launched DinoTracker, an AI app that identifies dinosaurs from fossil footprints with about 90% agreement with human experts.Researchers from University of Edinburgh and Helmholtz-Zentrum trained the system using 2,000 unlabelled footprint silhouettes.The AI groups prints by shared shape features rather than relying on potentially flawed human labels.The team reported the findings in Proceedings of the National Academy of Sciences.Steve Brusatte said the results support long-standing observations of birdlike dinosaur tracks.Other experts caution that footprint shapes may reflect ground conditions rather than true bird ancestry.
A major trial over alleged social media addiction begins Tuesday in California. Top executives from leading technology companies are expected to testify. The outcome could reshape how courts assign responsibility to digital platforms. The plaintiff is a 19-year-old woman identified as KGM. She claims platform algorithms caused addiction and harmed her mental health. She says design choices encouraged compulsive use during her teenage years. The defendants include Meta, owner of Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat reached a settlement with the plaintiff last week. The remaining companies now face trial. The case will proceed at…
The US Securities and Exchange Commission dismissed its lawsuit against the Winklevoss twins’ crypto exchange after investors recovered all assets. Regulators cited the full repayment of Gemini Earn users through the Genesis Global Capital bankruptcy process in 2024. The decision reflects a friendlier crypto approach under Donald Trump, who promoted digital currencies and eased enforcement. The exchange, now called Gemini Space Station, previously faced claims over an illegal lending program frozen in 2022. New York authorities later secured a settlement and banned Gemini lending operations in the state. Gemini debuted strongly on Nasdaq and is valued at $1.14bn, according to…
Eight Countries Receive SAFE Funding The European Commission has approved national defence investment plans from Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia and Finland under its €150 billion Security Action for Europe (SAFE) programme. These eight nations requested a total of €74 billion, with Poland alone accounting for €43.7 billion. SAFE is a key part of the EU’s Readiness 2030 plan, which aims to channel hundreds of billions of euros into European defence by the end of the decade. The initiative comes amid growing concerns from intelligence agencies that Russia could threaten another European country in the coming years. This…
Gold prices surged above $5,000 (£3,659) an ounce for the first time, extending a record-breaking rally. The metal has gained more than 60% in 2025, marking one of its strongest years ever. Rising geopolitical and financial tensions have fueled the surge. Disputes between the United States and Nato over Greenland have unsettled investors. Markets are increasingly sensitive to global instability. US President Donald Trump has added to uncertainty through aggressive trade policies. He recently threatened a 100% tariff on Canada. The move targets any Canadian trade agreement with China. Safe-haven demand fuels metals rally Investors often turn to gold during…
The World Bank Group has officially opened its first office in Doha, marking a new chapter in its partnership with Qatar and strengthening collaboration on development, private investment, and support for fragile economies in the region. Inaugurated on Sunday, the Doha office is set to serve as a hub for cooperation between the World Bank Group and Qatari institutions, focusing on development financing, mobilising private-sector investment, and assisting countries affected by conflict and economic fragility. The office is hosted at the Qatar Fund for Development (QFFD) headquarters, in partnership with the Ministry of Finance. At the ceremony, World Bank Group…
Coca-Cola is suing Vue after the cinema chain ended a 25-year soft drinks partnership and switched to PepsiCo. Vue operates more than 90 cinemas in the UK and Ireland and 222 sites across eight European countries. The company put its drinks contract out to tender last year and selected PepsiCo in March. Coca-Cola Europacific Partners Great Britain filed legal action to recover alleged unpaid debts after the contract ended. It is understood Coca-Cola also owes money to Vue, though Vue did not pursue legal action. Vue’s founder Tim Richards criticised the move, saying the dispute could have been resolved informally.…
US President Donald Trump has issued a strong warning to Canada. He said the United States would impose 100% tariffs on all Canadian goods. Trump shared the threat on his social media platform. He said the tariffs would take effect immediately. The warning targets any trade deal or economic partnership between Canada and China. Trump said Canada would face severe penalties if it moved forward with agreements involving Beijing. He said the tariffs would apply to all Canadian products entering the United States. He framed the action as protection for American industries. He offered no exemptions or room for negotiation.…
