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Monthly Archives: July 2025
Microsoft will lay off 9,000 employees, or less than 4% of the company
Microsoft is leveraging another round of layoffs despite posting consistent growth.
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Tesla faces second straight year of falling sales after another bad quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
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China’s Honor launches new challenge to Samsung with thin foldable smartphone and a big battery
Honor launched the Magic V5 on Wednesday, it’s latest foldable smartphone that will initially launch in China and then overseas markets.
Foxconn tells hundreds of Chinese staff to return from its Indian iPhone factories
Foxconn ordered over 300 Chinese employees to return home from its factories in India, per Bloomberg.
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Qantas hack results in theft of 6 million passengers’ personal data
Qantas, the largest airline in Australia, confirmed the theft of 6 million customers’ personal information.
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Amazon deploys its 1 millionth robot in a sign of more job automation
Amazon announced its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model.
Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’
The latest version of President Donald Trump’s “big beautiful bill” provides larger tax credits to semiconductor manufacturers building plants in the U.S.
Qantas data breach exposes up to six million customer profiles
The airline was hit by a cyber attack on a platform storing names, email addresses and phone numbers.
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries
Tesla shares dropped 7% from Friday’s closing price of $323.63 to the $300.71 close on Tuesday ahead of the company’s second-quarter deliveries report.