(Reuters) -Rollout of generative AI and agents will reduce Amazon’s total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer said in a note to employees on Tuesday. Artificial intelligence is reshaping the global workforce by automating routine and repetitive tasks, and industry leaders expect this to prompt a reduction…
STOCKHOLM (Reuters) -Microsoft on Monday said data stored by its European cloud customers would stay in Europe, under European Law, with operations controlled by its local personnel, and under full control of customers. European companies and governments have been increasingly worrying about their data being moved outside the continent into the hands of other countries…
KANANASKIS, Alberta (Reuters) -Japan’s Prime Minister Shigeru Ishiba met with U.S. President Donald Trump on the sidelines of the Group of Seven meeting in Canada on Monday as Tokyo urges Washington to drop import auto tariffs that threaten to slow Japan’s economy, the Japanese government said. Ishiba wants Trump to end the 25% auto tariff…
(Reuters) -Executives at OpenAI have discussed accusing the company’s major backer, Microsoft, of anticompetitive behavior during their partnership, the Wall Street Journal reported on Monday, citing people familiar with the matter. OpenAI’s effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as…
(Reuters) -Israel’s Haifa-based Bazan Group said all refinery facilities have been shut down after a power station used to produce steam and electricity were significantly damaged in an attack by Iran, according to a regulatory filing on Monday. The group said the Iranian attack resulted in the death of three company employees. The refinery is…
MEXICO CITY (Reuters) -Mexico’s antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico’s Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google’s…
By Tom Bergin, Lawrence Delevingne and Tom Lasseter (Reuters) -Donald Trump reported more than $600 million in income from crypto, golf clubs, licensing and other ventures in a public financial disclosure report released on Friday that provided a glimpse of the vast business holdings of America’s billionaire president. The annual financial disclosure form, which appeared…
(Reuters) -Iran’s strikes against Israel will continue, with targets set to expand to include U.S. bases in the region in the coming days, Iran’s Fars news agency reported on Saturday, citing senior Iranian military officials. “This confrontation will not end with last night’s limited actions and Iran’s strikes will continue, and this action will be…
BEIJING/HONG KONG (Reuters) -Boeing delivered a new 787-9 aircraft to China’s Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a fireball shortly after takeoff in western India. Boeing and…
WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday he would support the arrest of California Governor Gavin Newsom over possible obstruction of his administration’s immigration enforcement measures, amid protests in the state. Trump border czar Tom Homan threatened on Saturday to arrest anyone who obstructed enforcement efforts in the state, including Newsom and Los…
