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US tech company behind global IT outage plans to reduce jobs and implement AI.

The cybersecurity firm that gained notoriety last year due to a significant global IT failure has announced plans to reduce 5% of its workforce, citing the need for “AI efficiency.” Earlier this week, CrowdStrike’s CEO, George Kurtz, communicated to employees that approximately 500 positions would be eliminated worldwide. He emphasized this move was linked to […]

Warner Bros. Discovery is considering a company split, according to a report.

CNBC reported on Thursday that Warner Bros Discovery might be considering a breakup. The focus seems to be shifting from its struggling cable television sector to the more rapidly expanding streaming and studio markets. In reaction to this news, the company’s stock surged by over 4%, bouncing back from a nearly 6% dip attributed to […]

Liberal senators encourage CBS’s parent company to avoid settling with Trump.

Sanders and Colleagues Urge Paramount’s Redstone to Stand Firm Against Trump Senator Bernie Sanders of Vermont, along with eight fellow Democrats, has reached out to Shari Redstone, a major shareholder of Paramount Global, concerning President Donald Trump’s lawsuit against CBS News. Trump is pursuing $20 billion in damages, alleging that CBS interfered in the election […]

Danish company cancels large UK wind farm project due to increasing expenses

One of the largest offshore wind farms planned in the UK has been scrapped by its developer, Ørsted from Denmark, due to escalating costs and risks. The fourth phase of the extensive Hornsea Wind Farm project, situated off the Yorkshire Coast, was set to feature 180 massive turbines capable of generating enough green energy to […]