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Atlassian CEO Mike Cannon-Brookes explained the company's 1,600 layoffs in a four-minute video as the software firm pivots more heavily toward AI.
Julien Bek, a partner at Sequoia Capital, said the reality is that if startups sell tools, they're "effectively competing" against the future of AI.
Oil prices have been the key focus for markets during the Iran war, but curtailed flows of fertilizer products threaten to send food costs soaring.
Atlassian said on Wednesday that it's cutting about 1,600 jobs as the company restructures to focus on enterprise growth and the 'AI era.' ...
It is not clear why the Senate did not authorize Claude, the AI chatbot developed by Anthropic.
AI jitters tanked software stocks this year, but Deutsche Bank says fears have peaked. The firm upgraded its software rating on strong earnings.
Travelers around the world face rising airfares due to oil prices, plus more passengers are looking for direct flights to avoid the Gulf megahubs.
Showmax was an "expensive failure," said Canal+, which owns 70% of the venture. NBCUniversal staffers were informed about the cuts on Wednesday.
Today marks 15 years since the nuclear disaster at Fukushima, Japan. Some parts of the surrounding area are still recovering.
Judge allows Leon Black to delay deposition in a lawsuit from Jeffrey Epstein's victims against Bank of America, amid possible settlement discussions.
Werner Herzog discusses his latest movie "Ghost Elephants," his documentaries, and why he wont work overtime or own a cell phone.
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