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FORGOTTEN HISTORY: 2 | History Defined

Amazon winds down most flagship AI models in strategy overhaul, Business Insider reports

Amazon is shifting its artificial intelligence strategy towards new frontier models. The company is deprecating many of its existing Nova AI models. Resources are now moving towards a new frontier-model development effort. This new flagship model is expected to debut later this year. Amazon recently trimmed jobs in its artificial…

The Economic Times

California's largest AI data center project suing for access to 287 million gallons of Colorado River water, 0.03% of Imperial Valley’s supply — plaintiffs claim project equivalent to 160-acre farm amidst concern about jobs and reallocation of farmland

Buildout of large AI data centers in regions historically specializing in agriculture may have long-lasting consequences.

Tom’s Hardware

California's biggest planned AI data center promised not to use Colorado River water. Now it wants 260 million gallons a year

California's biggest planned AI data center is at the center of a growing water dispute after seeking 260 million gallons of Colorado River water a year, despite earlier saying it wouldn't rely on the river. The lawsuit has reignited concerns over AI's rising resource demands and whether scarce water should…

The Economic Times

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123 Memes That Perfectly Sum Up The Gen X Childhood Experience

Ah, Gen X humor. It’s its own particular brand. Drawing on life growing up in the ’70s, ’80s or ’90s, Gen X memes capture the big hair, bikes, mixtapes, and questionable parenting of it all. These latchkey kids drank from garden hoses, didn’t wear helmets, and rode in the back…

Bored Panda

Father saved for years so that I could study in America but...: Woman's 'American Dream' turns into 'Make in India'

Ananya Joshi went to the US in 2022 to pursue her master's. She got a job but her employer could not sponsor her H-1B visa and eventually, she had to leave the US. But now after working in Germany, Joshi is in two minds about returning to the US because…

The Times of India

Blue Origin's stock policy leaves employees worried after Elon Musk's SpaceX IPO made workers millionaires—but there's one surprising exemption

Blue Origin's new stock policy: SpaceX's successful IPO contrasts with Jeff Bezos' Blue Origin's new stock incentive plan. This plan includes an 18-month non-compete clause for employees leaving the company. Workers may forfeit all stock options if they join a rival aerospace firm and the policy affects thousands of employees…

The Economic Times

Elon Musk's biggest population warning just got a surprising response from China

China introduced strict rules for AI chatbots, preventing emotional dependence. These regulations aim to protect users and encourage real-world relationships. AI companions cannot foster deep emotional attachments or romantic ties with minors. Companies must notify emergency contacts during user emotional crises. This move reflects concerns over declining birth rates and…

The Economic Times

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Leaving Blue Origin for SpaceX? Jeff Bezos Reportedly Puts Employees in 'Golden Handcuffs' With New Equity Clause

Jeff Bezos’ Blue Origin has reportedly introduced a new equity scheme for its employees that includes an unusual non-compete clause.

Benzinga

Jeff Bezos' Blue Origin is boosting employee pay to compete with SpaceX—but an advisor warns of 'golden handcuffs'

Jeff Bezos's space company is reportedly sweetening employee stock packages, but workers who leave for a competitor within 18 months could forfeit it all.

Fortune

The Fight Over AI Regulation Is Now Happening Inside The Industry Itself

AI-linked political organizations have spent tens of millions of dollars in congressional primaries as Silicon Valley groups promote competing approaches to federal and state oversight.

International Business Times

President Anticipated a Prime Time Address On Thursday. It Will Reportedly Be About The 2020 Election

President Donald Trump plans to address the nation Thursday with a message about the 2020 election, according to a new report.

International Business Times

Chipotle's COO takes employees to dinner every week to spot his next leaders—here are the 4 traits he's seeking

Jason Kidd, COO of the $46 billion fast-casual chain, is looking to promote talent with four key traits—team players who “own the outcome” have the best shot.

Fortune

21-Year-Old Startup Founder Burned $30,000 on AI Tokens in 30 Days: 'It Was Worth It'

Turbo AI's founder incurred a $30,000 AI token bill, highlighting the financial challenges startups face when innovating with AI models. The incident underscores the need for cost-effective AI solutions.

International Business Times UK

'We're so close to the streamers inventing television': Disney+ is reportedly thinking about a fully free tier supported by adverts

How many ads would you be prepared to put up with if it meant you could access some Disney+ content for free?

TechRadar

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The Independent UK

Refurbished Xbox, iPhone and MacBook sales are surging as tech companies announce hefty price increases

Nearly 50 percent of Americans are considering buying secondhand tech as Apple, Microsoft and Sony announce price hikes

The Economic Times

Microsoft layoffs: Here's the severance package employees are getting after latest job cuts

Microsoft offers up to 39 weeks of pay and continued benefits to laid-off workers. This generous package includes stock vesting and health insurance coverage for employees. The company is restructuring its workforce while investing heavily in artificial intelligence infrastructure. These layoffs primarily impact the sales and Xbox divisions of the…

The Independent UK

Teen bought a Lakers jacket for $3 at a Goodwill. Then he learned it was worth a whole lot more

A teenage thrift shopper found an item that he says could set him up for an early retirement

PC Gamer

Data centers reportedly targeted by cargo thieves, with over $1 million worth of copper and equipment found in two trucks in Chicago

It seems almost everyone is making a lot of money from the AI boom.

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International Business Times UK

Microsoft Plans Another Round Of Layoffs Just Months After Axing Thousands Of Jobs

Microsoft is reportedly planning another round of layoffs, affecting less than 2.5% of its workforce, as it continues to invest heavily in artificial intelligence infrastructure.

Windows Central

Microsoft expected to lay off thousands in what has become an annual July restructuring

Thousands of Microsoft employees face job cuts next week as the company initiates another round of July layoffs. The reported restructuring will eliminate up to 2.5% of the workforce, primarily targeting roles within sales, consulting, and Xbox.

The Economic Times

Microsoft to cut under 2.5% of workforce in latest layoffs: report

U.S. companies ‌have continued ⁠to trim ⁠headcount in recent months, with a fresh wave of layoffs across the technology, media and finance sectors as firms rein in costs, while investing heavily in AI infrastructure.

Evening Standard

Axel Springer to complete £575m Telegraph takeover

The Politico and Business Insider owner said it will close the acquisition of the Telegraph Media Group on Tuesday.

Fortune

Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired

Target staffers who clock in late and skip work enough to rack up 12 points will be shown the door. It’s just one way companies are tightening their grip on in-person attendance.

Fortune

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

“I don’t think being consumer-in-chief really helps a CEO be effective in this business,” said Take-Two Interactive Software CEO Strauss Zelnick.

International Business Times

GameStop CEO Ryan Cohen Withdraws $35 Billion Pay Package as He Intensifies Push for eBay Acquisition

GameStop Chief Executive Ryan Cohen has withdrawn a proposed performance-based compensation package that could have been worth more than $35 billion, saying he wants management focused on the retailer's operations and its efforts to acquire eBay.

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