ARK Invest’s Cathie Wood warns of a coming “shudder” in Big Tech valuations as interest rates rise. Despite the turbulence, she remains bullish on innovation plays in AI, robotics, and healthcare. Her predictions come amid corporate layoffs and shifting economic policies.
Amazon is preparing for the largest corporate layoffs in its history, with up to 30,000 positions at risk across nearly every business unit. The cuts reflect CEO Andy Jassy’s ongoing cost-cutting campaign and the company’s pivot toward AI-driven efficiency.
Meta’s elimination of 600 AI roles represents more than cost-cutting—it signals a fundamental industry shift from experimental research to production-ready AI. The consolidation under Scale AI’s founder Alexandr Wang reveals new priorities.
A high-stakes carriage dispute between Google and Disney could see YouTube TV subscribers lose access to ESPN, ABC and other Disney-owned channels when the current agreement expires October 30. This marks the fourth major carriage negotiation crisis for YouTube TV in just three months, following similar standoffs with NBCUniversal and Fox.
YouTube TV’s 10 million subscribers are facing the potential loss of Disney’s powerhouse channels including ESPN and ABC as a critical distribution agreement between Google and Disney approaches its October 30 expiration date. According to reports from CNBC, negotiations have stalled over economic terms and bundling arrangements, leaving subscribers in limbo during peak sports season.
Reddit’s Legal Battle Expands to Perplexity Social media platform Reddit has intensified its campaign against artificial intelligence companies with a…
Major Restructuring Hits Meta’s AI Operations Meta Platforms is eliminating approximately 600 positions within its artificial intelligence division as part…
The Accelerated Pace of Change in Today’s Workforce In a recent CNBC interview, Goldman Sachs CEO David Solomon provided crucial…
The Unseen Catalyst in Apple’s AI Strategy While much of the market attention has focused on Apple’s public-facing AI initiatives,…
The New Digital Stethoscope: AI’s Growing Role in Clinical Practice Artificial intelligence is no longer a futuristic concept in healthcare—it’s…
** The healthcare industry is increasingly turning to artificial intelligence to address clinician burnout and overwhelming administrative duties. However, a significant gap exists in workforce readiness, with new educational programs emerging to equip medical professionals with the necessary AI skills. **CONTENT:**
