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After laying off 8,000 employees, Zuckerberg reassures staff: No more "company-wide" layoffs this year.

After laying off 8,000 employees, Zuckerberg reassures staff: No more "company-wide" layoffs this year.

The axe has fallen on layoffs, but Zuckerberg says: That's it for this year. On May 20, Meta officially launched the company's largest-ever round of restructuring—laying off about 8,000 people and shutting down 6,000 planned hiring positions, affecting nearly 14,000 jobs in

Semiconductor shipments surge! Japan’s exports in April grow by 14.8%, far exceeding expectations

Semiconductor shipments surge! Japan’s exports in April grow by 14.8%, far exceeding expectations

``` Japan's exports rebounded strongly driven by robust semiconductor demand, with April growth hitting the fastest pace this year and far exceeding market expectations, providing a new supporting signal for Japan’s economy. According to data released by the Japanese government on Thursday, Japan’s exports in April rose

SpaceX’s prospectus mentions Tesla 87 times! Analysts again raise expectations for a 2027 merger.

SpaceX’s prospectus mentions Tesla 87 times! Analysts again raise expectations for a 2027 merger.

``` SpaceX's IPO prospectus not only reveals the rocket company’s financial details, but unexpectedly serves as a public statement of the deep binding relationship between Tesla and SpaceX, further igniting market imagination about their possible eventual merger. On Wednesday, SpaceX officially released its S-1 prospectus, aiming to raise

Indonesia significantly strengthens resource export controls! Establishes a state-owned enterprise; the President says it will “become the sole exporter for all resources, from palm oil and coal to ferroalloys.”

Indonesia significantly strengthens resource export controls! Establishes a state-owned enterprise; the President says it will “become the sole exporter for all resources, from palm oil and coal to ferroalloys.”

``` Indonesia has announced it will monopolize commodity exports through a state-owned enterprise, a move that will profoundly reshape the business landscape of the world's largest exporter of palm oil, thermal coal, and nickel, and impact global markets dependent on Indonesian commodities. On May 20, according to the UK

Bezos Exclusive Interview: Defending Billionaires, Opposing Premature AI Regulation, Trump "More Mature Than in His First Term"

Bezos Exclusive Interview: Defending Billionaires, Opposing Premature AI Regulation, Trump "More Mature Than in His First Term"

Amazon founder Jeff Bezos expressed his views on topics such as wealth, taxation, artificial intelligence, and the Trump administration in a public interview. On May 20th, during an interview with CNBC, Bezos said that the United States has fallen into the predicament of "two economies coexisting." He supports

SpaceX submits IPO prospectus: Orbital computing satellites to be deployed in 2028, Musk's incentives tied to a population of one million on Mars

SpaceX submits IPO prospectus: Orbital computing satellites to be deployed in 2028, Musk's incentives tied to a population of one million on Mars

``` SpaceX officially moves toward the public market, and its IPO prospectus reveals an ambitious business blueprint. According to the prospectus on May 20, SpaceX’s core business Starlink has reached 10 million subscribers, with annual revenue exceeding $11 billion. The company plans to deploy an orbital AI computing satellite constellation

Anthropic set to achieve its first profitable quarter! This quarter's revenue doubles to $10.9 billion.

Anthropic set to achieve its first profitable quarter! This quarter's revenue doubles to $10.9 billion.

Local time Wednesday, according to media reports, Anthropic’s revenue is expected to more than double in the second quarter, reaching $10.9 billion. This explosive growth will help the company achieve operational profitability for the first time. As part of an ongoing round of financing, the company disclosed these