
Volkswagen to cut 50,000 jobs as profits drop - BBC
Europe's largest carmaker said post-tax profits had dropped to their lowest level since 2016.
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Europe's largest carmaker said post-tax profits had dropped to their lowest level since 2016.

Anthropic suing the U.S. Department of War perhaps wasn’t a surprise, but it was nevertheless a shock.

But also, "we’re going to go further."

LeCun’s AMI Labs has raised $1.03bn to build world models; AI that understands physical reality, not just language. Europe’s largest seed round.
Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and Microsoft.


The feature allows both women riders and drivers to be matched with other women for trips on the ride-sharing app.
Vanguard data shows Americans are pulling money out of their retirement accounts early at record rates to help make ends meet.

There's an AI burnout trap, and your productivity gains are fragile.

Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.

Jeep maker Stellantis is leaning on technologies from automotive suppliers for its newest hybrid vehicles, CNBC has learned.

Mandiant founder Kevin Mandia is staying in cybersecurity after selling his prior company to Google, but now he's focused on AI.
AI inference emerges as a critical factor in tech compensation, impacting engineer productivity and Silicon Valley hiring dynamics.

You know how many human users have access to your financial systems. Do you know how many AI agents do?

A huge loss in jobs is a reminder that Trump's policies have stifled economic growth all year, and the Iran war will only make things worse.

Iran has defended its strikes against its Gulf countries but its neighbors say attacks have damaged trust for a long time.

Also: All the news and watercooler chat from Fortune.

Stocks reversed course from their lows Monday and closed higher across the board after Trump gave signs that an end may be in sight for the U.S.-Iran war.

Russia is shaping up to be a major beneficiary of the escalating energy crisis in the Persian Gulf, analysts told CNBC.

John Furner recently took the reins of Walmart, and now leads a $1 trillion retail giant. But it’s the early-life lessons from his dad that helped shape his leadership today.

These top consumer brands still have a large market for expansion.

Tim Hwang, who's also a former Obama campaign staffer, now has his sights set on a $10 billion valuation, and the numbers suggest he might not be bluffing.

India is trying to preserve its long-standing neutral foreign policy as escalating tensions around Iran threaten its oil supply and expose New Delhi to pressure from both Washington and Beijing.

Lego on Tuesday reported a 12% jump in revenue for fiscal year 2025 and reported consumer sales that far outpace the broader toy industry.