Major technology companies are cutting thousands of jobs while significantly increasing investment in artificial intelligence, signaling a structural shift in how tech firms allocate resources and design future workforces.
Recent economic data points to a mixed recovery in China, with weak consumer demand and ongoing challenges in the property sector. The outlook raises concerns about global growth and trade.
Rising geopolitical tensions in the region have renewed concerns over the security of one of the world’s most important shipping routes. Any disruption could have immediate effects on global energy prices.
Tim Cook is stepping down as CEO of Apple Inc. after 15 years, handing leadership to John Ternus as the company enters a new era focused on future innovation.
