Columbus, OH

Microsoft is reportedly shutting down a key internal diversity, equity, and inclusion (DEI) team, the latest big company to make cuts to previous pledges to diversity. The news of Microsoft axing a main internal DEI team comes from an email blast sent out to thousands of their global workforce, obtained by several websites.

Microsoft lays off internal DEI team, says diversity is “no longer business critical”

Fortune

In his first public comments since reports of the Alphabet deal emerged, Wiz CEO and cofounder Assaf Rappaport said that the "dream" of an IPO has changed and founders see other options.

Wiz CEO says ‘consolidation in the security market is truly a necessity’ as reports swirl of $23 billion Google acquisition

The FTC is seeking more information on Amazon's recently announced partnership with AI startup Adept, CNBC has confirmed. Amazon in June hired top talent from Adept and is licensing the company's technology. Regulators in the U.S. and abroad are increasingly zeroing in on tech companies' investments and partnerships with AI...

Amazon's deal with AI startup Adept faces FTC scrutiny

The UK's antitrust watchdog is once again investigating . The Competition and Markets Authority () has over the company's hiring of former Inflection AI staff and its licensing of the startup's tech. The initial phase one investigation will be wrapped up by September 11, at which point the CMA will determine whether to open a more in-depth (phase two) probe.

UK antitrust officials join FTC in investigating Microsoft's hiring of Inflection AI staff

Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion. If completed, it would be Google’s largest-ever acquisition. Wiz was founded in 2020, and has grown at a rapid clip under CEO Assaf Rappaport. It had been eyeing an IPO as recently as May, when the company achieved a valuation of $12 billion.

Google in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal

Toy and entertainment company MGA Entertainment has completed the merger with doll manufacturer Zapf Creation AG. The merger was first mentioned last October and results in the new wholly-owned subsidiary MGA Zapf Creation GmbH. Thomas Eichhorn will remain as President, MGA Zapf Creation GmbH. Following the merger, the companies will...

MGA Entertainment, Zapf Complete Merger

Lancaster County, PA

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Phil Norman

Dyson, the renowned manufacturer famous for its innovative gadgets like hair dryers and air conditioners, is making headlines with its decision to cut around 1,000 jobs in the UK. This move represents nearly a third of its current workforce there, which totals 3,500 employees.

A large home improvement company is laying off 1000 employees

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

John Rutledge, SAFANAD chief investment strategist, joins 'Fast Money' to talk Trump's tariff proposal.

Trump proposes new China tariffs between 60%-100% if elected

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The Social Security Administration is upgrading its "my Social Security" personal accounts online. The goal is to provide a simpler login experience and more secure online access, the agency said. But first, some users may have to log in and transition their current accounts. The Social Security Administration is updating...

Why the Social Security Administration may want you to update your personal account online

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Alabama State

Birmingham, AL

When Jen Barnett and Brett Andrews started seriously thinking of leaving the U.S., they had a few parameters for their new home. The couple from Birmingham, Alabama, wanted to live in a place not too far from the beach, that had a strong middle class, where politics leaned progressive, and maybe most importantly, where people enjoyed a high quality of life for a lower cost of living.

American couple left the U.S. for Mexico and lives on $3,000 per month: What they say is cheaper

Big changes are brewing at CNN as the network gears up for a major digital subscription launch later this year, but unfortunately, it comes with some tough news for its staff. CEO Mark Thompson revealed plans to lay off about 100 employees as part of a broad restructuring effort.

A major news company is laying off 100 employees amid digital expansion

San Francisco, CA

The Independent

 X is reportedly looking to sublease its entire, roughly 800,000 square foot headquarters in San Francisco, in a potential sign the company may be relocating.Real estate firm Jones Lang LaSalle Inc is marketing the social media giant’s entire facility in the Mid-Market neighborhood as “one large headquarters opportunity,” though X may continue to occupy some office space, according to the San Francisco Chronicle. X, then known as Twitter, moved to the area in 2011 after received a special tax break, and is creditted with helping turn a blighted stretch of the city into one temporarily filled with office workers,...

Elon Musk’s X wants to sublease entire 800,000 sq ft San Francisco headquarters

Protests in Spain will spread if European officials fail to address mass tourism's negative effect on the lives of residents, UNESCO's Peter Debrine told "Squawk Box Asia" on Monday. "It's turning into a very volatile situation," said UNESCO's senior project officer for sustainable tourism. "Civil society coming and trying to...

Protests will 'absolutely' spread if European cities don’t address overtourism, says UNESCO official

Norman Villamin, group chief strategist at UBP, discusses what a a second Trump administration would mean for global markets and monetary policy.

Trump trying to signal to markets he will be supportive of status quo, strategist says

Entrepreneur

AMD's deal is set to close later this year.

Nvidia's Biggest Rival Agrees to Buy an AI Startup for Over Half a Billion Dollars in Cash

High interest rates and tight housing supply are hurting both homebuyers and sellers. The extent of the residential real estate crisis varies widely from state to state, and in some top states, climate risks are also rising. Because companies consider the residential real estate market when deciding where to locate,...

These are America's 10 best states for buying and selling a home in 2024, with a big caveat at No. 1

NewsBreak

Microsoft's hiring of staff from AI startup Inflection referred for UK merger probe

Microsoft's hiring of employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in the U.K. If it finds reason to investigate...

Microsoft's hiring of staff from AI startup Inflection referred for UK merger probe

Comments / 0