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U.S. Further Tightens Restrictions on Chinese Telecom Equipment Over Security Fears

U.S. Further Tightens Restrictions on Chinese Telecom Equipment Over Security Fears

The United States has introduced tougher restrictions on telecommunications equipment manufactured by Chinese firms considered threats to national security, intensifying Washington’s ongoing effort to curb Beijing’s influence over critical infrastructure. The Federal...
Amazon to Lay Off 14,000 Corporate Employees as AI Transforms Its Workforce

Amazon to Lay Off 14,000 Corporate Employees as AI Transforms Its Workforce

Key Takeaways Amazon will cut about 14,000 corporate jobs as it increases investment in artificial intelligence (AI). Executives say the move aims to make the company “leaner” and more efficient. CEO Andy Jassy and HR leader Beth Galetti emphasize AI’s long-term...
Foxconn Unveils $1.37 Billion Investment to Power AI and Supercomputing Capabilities

Foxconn Unveils $1.37 Billion Investment to Power AI and Supercomputing Capabilities

Key Points: Taiwanese electronics giant Foxconn’s board approves up to NT$42 billion (US $1.37 billion) for an AI compute cluster and supercomputing centre. Investment will be self-funded between December 2025 and December 2026, aimed at advancing the company’s cloud...
F5 Warns Government-Linked Cyber Breach to Impact Sales as Shares Drop

F5 Warns Government-Linked Cyber Breach to Impact Sales as Shares Drop

Cybersecurity company F5 projected annual revenue below Wall Street forecasts on Monday, citing the lingering effects of a recent cyberattack that has sparked concern over potential vulnerabilities in U.S. and UK government systems.  The company’s stock dropped 5.8%...
ACCC Sues Microsoft for Allegedly Misleading Customers Over Microsoft 365 Price Hikes

ACCC Sues Microsoft for Allegedly Misleading Customers Over Microsoft 365 Price Hikes

Australia’s competition watchdog has taken legal action against Microsoft , accusing the company of deceiving millions of Australian users into paying more for its Microsoft 365 subscriptions after adding its artificial intelligence feature, Copilot. The Australian...
UK Car Production Plunges 27% in September After Massive Cyberattack Hits JLR

UK Car Production Plunges 27% in September After Massive Cyberattack Hits JLR

Key Points: UK car output dropped by more than a quarter in September, the lowest level since 1952. Jaguar Land Rover (JLR) was paralyzed by a severe cyberattack, forcing a near-six-week shutdown of its three UK factories. The cyber-incident, labelled a category three...
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