Amazon
Work
Saks Global Cuts 1,226 Jobs as Luxury Retail Bankruptcy Deepens
Workers lose severance pay as Saks Fifth Avenue parent closes 15 stores under Chapter 11 restructuring
Cybersecurity
ShinyHunters Claims 350GB Stolen in EU Commission Breach
Extortion gang breached Amazon cloud infrastructure hosting Europa.eu, Commission confirms data theft on March 24.
Technology
Amazon Buys Fauna Robotics for $350M, Escalating Humanoid Robot Race
The e-commerce giant acquires maker of Sprout, a kid-sized home robot, as humanoid competition heats up
Geopolitics
Bank of America Pays $72.5M to Settle Epstein Claims
Second-largest US bank settles class action over alleged facilitation of sex trafficking, adding to $367.5M paid by Wall Street since 2023
AI
Apple to Unveil Siri as 'Systemwide AI Agent' at WWDC 2026
Rebuilt Siri gains deep app integration, conversational chat interface, and web-sourced summaries to compete with Perplexity and Google Gemini.
AI
Anthropic Eyes $60B IPO in October
The Claude maker is in early talks with Goldman Sachs, JPMorgan, and Morgan Stanley. At $60 billion, it would dwarf OpenAI's expected offering later this year.
AI
Apple Opens Siri to Claude, Gemini, Grok in iOS 27
OpenAI's exclusive partnership ends. Users will choose their preferred chatbot through new Extensions settings. Apple is also building its own chatbot Siri based on Gemini.
Geopolitics
Australia's Fuel Crisis Deepens as Albanese Takes Emergency Powers
The ACCC says average diesel hit 303.5 cents a litre. Unleaded is 252.2 cents. Some stations in Sydney and Melbourne are charging $3.15.
Work
Amazon Confirms 16,000 Corporate Job Cuts in 2026 Workforce Restructuring
E-commerce giant announces largest single layoff of 2026 as part of broader corporate downsizing strategy.
Geopolitics
The $650 billion question: Can Big Tech justify the AI spending spree?
Microsoft, Alphabet, Meta, and Amazon are on track to spend $650 billion on AI infrastructure by the end of 2026. Investors are starting to ask where the return is.
Geopolitics
Meta Ordered to Pay $375 Million in New Mexico Over Child Safety Failures
A Santa Fe jury found Meta liable for concealing predator risks on Facebook and Instagram, marking the first time a state has prevailed at trial against a major tech company over child harm.
AI
Amazon Building Another AI Phone After Fire Phone Disaster
The Fire Phone lasted one year. Alexa devices lost $25 billion. Now Amazon's ZeroOne team thinks AI can change the math.
Geopolitics
Project Hail Mary and the Economics of Competence Porn
Ryan Gosling's sci-fi blockbuster is breaking records because it understands something Hollywood forgot: audiences want to watch smart people figure things out.
Work
DoorDash Now Pays Couriers to Film Themselves Training AI
The new 'Tasks' app turns 8 million gig workers into data collectors for robotics companies. The legal questions about who owns that footage are only beginning.
Work
9 Tax Deductions Most Australians Forget to Claim
The ATO won't remind you. Here's what you're probably missing.
Geopolitics
Super Micro Co-Founder Charged With Smuggling $2.5 Billion in AI Chips to China
Federal prosecutors allege a systematic scheme involving dummy servers, falsified documents, and Southeast Asian shell companies to evade US export controls.
Geopolitics
BTS Returns: 260,000 Fans Descend on Seoul for K-Pop's Biggest Comeback in a Decade
After four years of military service, the world's biggest band reunites at Gwanghwamun Square in a free concert livestreamed globally on Netflix.
Geopolitics
Trump tariff chaos: Supreme Court triggers $130B refund scramble
The president insists SCOTUS decision doesn't apply while states and corporations race to reclaim illegal duties
Work
Nvidia Confirms One Million GPU Sale to AWS by 2027
The deal runs through 2027 and includes far more than graphics cards. It's a window into how the hyperscalers are building their AI futures.
AI
Patreon CEO to AI Companies: The 'Fair Use' Defense Is a Lie
Jack Conte asks the question that destroys the generative AI legal defense: If training is fair use, why are you paying Disney?
Geopolitics
Best Tech Gifts Under $200 in 2026: Gadgets Worth Giving
Practical tech that people will actually use, not gimmicks. From trackers to chargers, these gifts solve real problems.
Geopolitics
Should tobacconists even exist? Minister poses radical question as illegal sales soar
Assistant minister Julian Hill questions the viability of standalone tobacco shops as organised crime dominates the market and firebombings escalate.
Geopolitics
Chalmers vows reform budget on May 12 as inflation hits 4.8 per cent
Treasurer promises tax reform, spending cuts and productivity push despite Middle East turmoil pushing oil to $100 per barrel
Geopolitics
Trump Offers Afrikaners Asylum, But Thousands Are Already Reshaping the Mississippi Delta
Nearly 15,000 white South Africans arrived on agricultural visas in 2024, transforming rural communities and sparking uncomfortable questions about American immigration policy
AI
Bain Bets A$500 Million That Australia's Fragmented Wealth Market Is Ready for Rollup
Perpetual finally offloads its wealth unit after two years of trying. The buyer sees what the seller couldn't make work.
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