Stability AI to Lay Off Staff Weeks After Founder Quit as CEO
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Cash Crunch May Force Sale of Stability AI
As tech giants start to dominate the artificial intelligence market, smaller players feel the squeeze.Inc. - Business -
Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - World -
Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - Business -
Replit cuts staff by 30 amid aggressive AI push in software development
Replit, a cloud-based software development platform, lays off 30 employees as it focuses on integrating AI into its coding tools, aiming to make programming more accessible.VentureBeat - Tech -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
Spirit AeroSystems makes fuselages at the plant for Boeing's bestselling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout.CNBC - Business -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Madonna’s Celebration Tour Proves She Won’t Quit
If this were the last tour of Madonna’s career, she would retire as the most influential female pop star of all time.The New York Times - Top stories -
U.S. Dollar Index Seen at 104-105.50 Range in Coming Weeks
Barring any major shocks, the DXY dollar index is expected to trade in the 104-105.50 range over the coming weeks, Monex Europe said.The Wall Street Journal - World -
Richemont Names New CEO
Richemont said it appointed Nicolas Bos, currently chief of its French jewelry brand Van Cleef & Arpels, as its CEO.The Wall Street Journal - World