AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo
Beleaguered artificial intelligence startup Stability is laying off employees after the exit of its controversial former CEO Emad Mostaque.
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World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway's giant sovereign wealth fund on Thursday reported a first-quarter profit of 1.21 trillion kroner ($110 billion), supported by robust returns on its investments in technology stocks.
Chinese-linked nickel miners in Indonesia accelerating deforestation, threatening indigenous Bajau people: report
“Nickel mining is dirty, that’s just how it is, but there are ways to do it more responsibly,” said Amanda Hurowitz, senior director of forest commodities at Mighty Earth, the Washington-based global environmental advocacy group that released the report.
BP trims down executive team, picks new head of its gas and low carbon energy business
British oil major BP on Thursday trimmed its executive team down to 10 members and announced William Lin as the new head of the firm's oil and low carbon energy business.
A strong earthquake in Japan leaves 9 people with minor injuries. But there was no tsunami danger
TOKYO (AP) — A strong earthquake that struck southwestern Japan left nine people with minor injuries and caused damage such as burst water pipes and small landslides, authorities said Thursday. But there was no danger of a tsunami.
Nokia sees stronger H2 after Q1 comparable profit grows less than expected
Finnish telecom gear maker Nokia reported on Thursday a smaller rise than expected in first-quarter comparable operating profit as sales tumbled when operators reduced spending on 5G technology.
Elon Musk says in email that Tesla sent 'incorrectly low' severance packages to some laid-off employees
Tesla CEO Elon Musk sent an internal email on Wednesday, telling staffers that the company sent out some severance packages that were too low to a number of laid-off workers this week.
China and Indonesia call for cease-fire in Gaza
JAKARTA, Indonesia (AP) — The Chinese and Indonesian foreign ministers called for an immediate and lasting cease-fire in Gaza after a meeting in Jakarta on Thursday, condemning the humanitarian costs of the ongoing war that has killed tens of thousands of Palestinians.