Apple and Microsoft are now both worth more than $4T

Both Apple and Microsoft are now worth more than $4 trillion. This is the first time Apple’s market capitalization has crossed the $4 trillion mark, making it the third company to cross this milestone after Nvidia and Microsoft. Redmond first crossed this figure julyBut after this its valuation came down slightly to $3.9 trillion, but…

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Amazon reportedly plans to cut around 30,000 corporate jobs

Amazon could make the biggest job cuts at the company since 2023. As reported reuters People familiar with the matter said on Monday that up to 30,000 corporate positions could be eliminated starting Tuesday. The job cuts are expected to impact various sectors including human resources, equipment and services, operations and others. Amazon employs approximately…

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Ads might be coming to Apple Maps next year

According to this, Apple Maps users may start seeing ads in the app from next year A new report from Bloomberg’s Mark Gurman, Similar to Google Maps and other mapping apps, Apple plans to allow restaurants and other businesses with brick-and-mortar locations to pay to promote themselves in search results, Gurman says. While Apple already…

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Musk’s ad chief at X departs after just 10 months

John Nitti has left his post as advertising chief of X after just ten months, Financial Times report, Nitti, who joined just 10 months ago as global head of revenue operations and advertising innovation, was considered a possible successor to former CEO Linda Yaccarino, who resigned in July. His exit adds to a series of…

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Trump pardons Binance founder Changpeng Zhao

President Donald Trump pardons Binance Founder Changpeng “CZ” Zhaolike before Reported by CNBC, Zhao previously pleaded guilty to enabling money laundering while running a cryptocurrency exchange, and served four months in prison last year. “President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden administration in…

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