Big Tech players have been redirecting spending towards data centers and AI development, while scaling back investments in other areas. The Information reported last month that Google had laid off hundreds of employees in its platforms and devices unit, which houses the Android platform, Pixel phones and the Chrome browser among other applications. In January 2023, Google-parent Alphabet announced plans to cut 12,000 jobs, or 6% of its global workforce.
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Scott Bessent has urged Congress to raise or suspend the debt limit to prevent the nation from defaulting on its obligations...
President Donald Trump suggested imminent progress in peace talks between Russia and Ukraine in a post to Truth Social early on Sunday....
U.S. President Donald Trump promised to increase trade with India and Pakistan after the two nations agreed to a ceasefire....
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