AI will shrink Amazon’s workforce in the coming years, CEO Jassy says

Posted on June 17, 2025 by Techme101

Amazon CEO Andy Jassy said the company’s workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.

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Meta to release smart glasses with Oakley and Prada, extending Luxottica partnership

Posted on June 17, 2025 by Techme101

Meta plans to release new smart glasses powered by artificial intelligence that carry the Oakley branding, sources familiar with the matter told CNBC.

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Unlock purpose-driven growth at TechCrunch All Stage, and get $210 off for 6 more days

Posted on June 17, 2025 by Techme101

T-minus 6 days until TechCrunch All Stage ticket prices rise. From now until June 22 at 11:59 p.m. PT, founders save $210 and investors save $200 on passes. Are you ready to push your startup to the next level? Or are you an investor looking to back the next big breakthrough? Join TC All Stage […]

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How Private Equity Killed the American Dream

Posted on June 17, 2025 by Techme101

In her new book Bad Company, journalist Megan Greenwell chronicles how private equity upended industries from health care to local news—and the ways workers are fighting back.

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Applied Intuition raises $600 million as it pushes further into defense

Posted on June 17, 2025 by Techme101

The buzzy AI-powered autonomous vehicle software company doubles its valuation from last year — and then some.

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Facebook announces that all videos on its platform will soon be shared as reels

Posted on June 17, 2025 by Techme101

Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation.

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Tesla stock slips after report EV maker is halting Cybertruck and Model Y production

Posted on June 17, 2025 by Techme101

Tesla is tentatively launching the robotaxi in Austin on June 22, using Model Y vehicles equipped with a new version of its “Full Self-Driving” technology.

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Anysphere launches a $200-a-month Cursor AI coding subscription

Posted on June 17, 2025 by Techme101

Anysphere launched a new $200-a-month subscription plan for its popular AI coding tool, Cursor, the company announced in a blog post on Monday. The new plan, Ultra, offers users 20x more usage on AI models from OpenAI, Anthropic, Google DeepMind, and xAI compared to the company’s $20-a-month subscription plan, Pro. Anysphere also says Cursor users […]

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Threads expands open social web integrations with fediverse feed, user profile search

Posted on June 17, 2025 by Techme101

Posts from federated users will be found on the Following tab of the Threads app.

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Reddit stock jumps after company rolls out new AI advertising tools

Posted on June 17, 2025 by Techme101

Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement.

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