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Pixar To Layoff 14%

Pixar Animation Studio is an American CGI film production company and a subsidiary of The Walt Disney Studios. It was founded in 1986 and is headquartered in Emeryville, California. Some of the films produced by the company are Toy Story, The Incredibles, and Monsters, Inc. According to reports, Pixar has announced plans to lay off…

Microsoft Launches Copilot For Teams

Microsoft has announced the launch of Team Copilot, aimed at bringing the AI virtual assistant experience to every user. Team Copilot will be available to customers later in the year. It will be integrated directly within Microsoft’s Loop and Planner tools and will be able to assign tasks, track deadlines, and notify team members when…

Red Lobster Files For Bankruptcy

Red Lobster Hospitality, LLC is an American casual dining restaurant chain founded in 1968 and headquartered in Orlando, Florida. The company is known for its crab, lobster, and shrimp dishes. As of 2024, it operates in over 500 locations worldwide. According to reports, Red Lobster has filed for Chapter 11 bankruptcy, citing macroeconomic conditions as…

SeekOut To Layoff 30%

SeekOut is an AI-powered talent intelligence platform that helps organizations recruit, retain, and grow talent. It was founded in 2017 and is headquartered in Seattle. The company leverages AI and machine learning technologies to search and match candidates with job vacancies. According to reports, SeekOut has announced plans to lay off 30% of its workforce….

AstraZeneca: $1.5 Billion Cancer Facility

AstraZeneca is a British-Swedish multinational pharmaceutical and biotechnology company, founded in 1999 with its headquarters at the Cambridge Biomedical Campus in Cambridge, England. AstraZeneca is one of the largest pharmaceutical companies in the world, with a portfolio of products in oncology, cardiovascular, gastrointestinal, infection, neuroscience, etc. It was also involved in developing the Oxford–AstraZeneca COVID-19…

Google: $1.1 Billion Investment in Finland

Google, the technology company, has announced plans to invest $1.1 billion USD to expand its data center campus in Finland. The report further mentions that the investment will drive its artificial intelligence business growth in Europe, as Google aims to achieve net zero emissions across all of its operations and value chain by 2030. Last…

Iran: Helicopter Crash Kills 8

The Islamic Republic of Iran, popularly known as Iran, is a country located in West Asia. It has a population of over 87 million residents as of 2024. It is bordered by Iraq, Turkey, Azerbaijan, Armenia, the Caspian Sea, Afghanistan, and Pakistan. According to reports, a helicopter carrying 8 people crashed near Varzaqan, Iran, on…

Cristiano Ronaldo: World’s Highest-Paid Athlete

Cristiano Ronaldo has been named the world’s highest paid athlete in 2024, earning $260 million USD over the last 12 months. According to reports, Ronaldo moved to the Saudi Arabian club, Al-Nassr in 2023, where he earned $200 million from his club contract and another $60 million USD in off-field earnings, making him the world’s…

New Caledonia: TikTok Banned Following Unrest

New Caledonia is a French overseas territory located in the southwest Pacific Ocean, with a population of 271,407 residents as of 2019. New Caledonia is also famous for its nickel deposits, which contribute significantly to its economy. According to reports, the French government has banned TikTok in New Caledonia as part of measures to contain…