The U.S. oil industry is increasing production while simultaneously reducing its workforce. Since the beginning of Donald Trump's second term, thousands of jobs have been cut despite the rise in output.
John Ternus will become the new director of Apple starting September 1st. He faces the significant challenge of revitalizing the company and restoring its reputation as an innovative industry leader.
China is intensifying efforts to develop its own independent semiconductor production capabilities in response to American restrictions and competition with the Dutch company ASML. Experts note that China is aggressively recruiting talent and investing heavily to catch up in this high-stakes global race for chip technology.
Leopold Aschenbrenner, a 24-year-old investor once praised for his AI-driven financial models, is under investigation after his strategy resulted in the loss of 30 billion dollars. The German trader's project failed within a few days, leading to significant financial turmoil.
Meta has implemented stricter safety measures, such as time limits and night locks, for teen users on Instagram and Facebook following a massive legal settlement. However, critics are raising concerns that these regulations currently only apply to users in the United States, leaving questions about the global impact of these policies.
MediaMarkt has updated its loyalty program terms, effective from the end of September. Customers will now need to collect five times as many points as before to earn rewards.
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