The Globe and Mail Apr 02
Siemens to acquire Dotmatics in $5.1 billion deal in Life Science portfolio push:
Financing for the deal would be primarily carried by share sales of listed ...
theglobeandmail.com/business/article-siemens-to-acquire-dotmatics-in-51-billion-deal-in-life-science/
News on this topic
Siemens to acquire Dotmatics in $5.1 billion deal in Life Science portfolio push: Siemens AG said on Wednesday it will acquire U.S.-based Dotmatics for $5 ...
reuters.com/technology/siemens-acquire-dotmatics-51-billion-deal-2025-04-02/
Five-billion-dollar takeover: Siemens embarks on an expensive shopping spree in the USA
n-tv.de/wirtschaft/Siemens-geht-in-USA-auf-teure-Einkaufstour-article25675946.html
Siemens Agrees to Buy Insight-Backed Dotmatics for $5.1 Billion: Siemens AG has agreed to acquire Dotmatics for $5.1 billion as part of a push to provide more ...
bloomberg.com/news/articles/2025-04-02/siemens-is-said-to-near-deal-for-insight-backed-dotmatics
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Image from the original article. Source: Microsoft is cutting 3% of all workers
cnbc.com/2025/05/13/microsoft-is-cutting-3percent-of-workers-across-the-software-company.html
Key FactsMicrosoft's Layoffs: Reasons and Implications
23h · Reading time: ~45 sec.
Summary created with AI assistance · Source: seattletimes.com
Summary created with AI assistance · Source: seattletimes.com
- Microsoft is laying off over 6,000 employees to streamline its corporate structure.
- The layoffs, which will impact Washington state, aim to reduce management layers and create more agile teams.
- Despite these layoffs, the company's workforce has grown by 100,000 over the past decade, while employment in the software sector has stalled since March 2023.
- Investments in artificial intelligence and the need to cut costs are central to this restructuring, even as Microsoft forecasts strong profits.
"These are people with dreams and rent, and I love them and I want them to be OK."— Scott Hanselman, vice president of Microsoft’s developer community, expressed on LinkedIn about the layoffs.
PC gaming remains undefeated: Nintendo now says it has the right to brick your Switch if it thinks you're pirating games or modifying the console
pcgamer.com/gaming-industry/pc-gaming-remains-undefeated-nintendo-now-says-it-has-the-right-to-brick-your-switch-if-it-thinks-youre-pirating-games-or-modifying-the-console/
French Vanilla Blonde: This is how chic blonde looks in summer 2025: Delicate, elegant, irresistible: French Vanilla Blonde is the new trend blonde! Read all ...
elle.de/beauty-frisuren-trend-2025-french-vanilla-blonde
iOS 18.5 arrives as Apple edges closer to big iOS 19 reveal: Apple has released iOS and iPadOS 18.5. Here's what's new inside it.
digitaltrends.com/mobile/ios-18-5-arrives-as-apple-edges-closer-to-big-ios-19-reveal/
DOGE software engineer’s computer infected by info-stealing malware: The presence of credentials in leaked “stealer logs” indicates his device was infected.
arstechnica.com/security/2025/05/doge-software-engineers-computer-infected-by-info-stealing-malware/
Exclusive: DOGE-led software revamp to speed US job cuts even as Musk steps back: AutoRIF's name comes from "Reduction in Force." The revamped version has been ...
reuters.com/business/world-at-work/doge-led-software-revamp-speed-us-job-cuts-even-musk-steps-back-2025-05-08/
Waymo recalls 1,200 self-driving vehicles in US after minor collisions: Alphabet's Waymo is recalling more than 1,200 self-driving vehicles to update software ...
reuters.com/business/autos-transportation/alphabets-waymo-recalls-over-1200-vehicles-after-collisions-with-roadway-2025-05-14/
9to5Mac May 12
iOS 19 should be ‘less glitchy’ than past updates, per report - 9to5Mac: Among Apple’s plans for iOS 19, like design overhauls, the company reportedly intends to ...
9to5mac.com/2025/05/12/ios-19-should-be-less-glitchy-than-past-updates-per-report/
GDP, Inflation & Stocks: How is the US economy doing under Trump: Stock market crash, looming recession, poor sentiment: How is the US economy doing after just ...
zdf.de/nachrichten/wirtschaft/usa-donald-trump-wirtschaft-daten-100.html
John Carmack suggests the world could run on older hardware – if we optimized software better
techspot.com/news/107918-john-carmack-suggests-return-software-optimization-could-stave.html
9to5Mac May 12
Apple confirms iOS 19 will end support for legacy Home app system - 9to5Mac: Apple Home released a major new update two years ago that was previously optional ...
9to5mac.com/2025/05/12/apple-confirms-ios-19-will-end-support-for-legacy-home-app-system/
Pentagon declares war on 'outdated' software buying, opens fire on open source: : (If only that would keep folks off unsanctioned chat app side quests)
theregister.com/2025/05/06/us_dod_software_procurement/
Exclusive Brethren made nearly a million calls for the Liberal Party: The Liberal Party provided members of the secretive Christian religious sect access to the ...
smh.com.au/politics/federal/exclusive-brethren-made-nearly-a-million-calls-for-the-liberal-party-20250508-p5lxml.html
1News May 13
$100m boost to government's venture capital fund announced: The Government is to pump another $100 million into the state-backed Elevate venture capital fund in ...
1news.co.nz/2025/05/13/100m-boost-to-governments-venture-capital-fund-announced/
Indian IT exporter LTIMindtree bags $450 million deal, its largest ever: Indian software services exporter LTIMindtree bagged a $450 million multi-year deal ...
reuters.com/world/india/indian-it-exporter-ltimindtree-bags-450-million-deal-its-largest-ever-2025-05-12/
Satellites and AI might make it hard to hide from solar registration in SA: A satellite imagery software company is using artificial intelligence and satellite ...
news24.com/business/companies/satellites-and-ai-might-make-it-hard-to-hide-from-solar-registration-in-sa-20250511-0653
Paid articlePaywall
Former Palantir workers condemn company's work with Trump administration: In a rare rebuke, more than a dozen former workers of the powerful data-mining and ...
npr.org/2025/05/05/nx-s1-5387514/palantir-workers-letter-trump
Image from the original article. Source: Commentary: SAP is eliminating the women's quota and damaging its credibility
handelsblatt.com/meinung/kommentare/kommentar-sap-streicht-die-frauenquote-und-schadet-seiner-glaubwuerdigkeit/100127562.html
Key FactsSAP's Withdrawal from Gender Quota Undermines Credibility
May 11 · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
Summary created with AI assistance · Source: handelsblatt.com
- The end of the gender quota at SAP symbolizes a departure from diversity principles.
- The company has positioned itself as a leader in diversity, which is deemed economically beneficial.
- However, justifying the quota's removal with legal requirements damages SAP's credibility.
- Management must emphasize the importance of European values like equality, despite economic considerations.
"The inclusive culture is strong and the stance remains clear."— CEO Christian Klein emphasizes to the workforce the importance of the inclusive culture.
Clippy resurrected as AI assistant — project turns infamous Microsoft mascot into LLM interface
tomshardware.com/tech-industry/artificial-intelligence/clippy-resurrected-as-ai-assistant-project-turns-infamous-microsoft-mascot-into-llm-interface
Report: DOGE supercharges mass-layoff software, renames it to sound less dystopian
arstechnica.com/tech-policy/2025/05/doge-to-roll-out-shadowy-software-to-speed-mass-govt-layoffs-report-says/
Hackers abuse IPv6 networking feature to hijack software updates: A China-aligned APT threat actor named "TheWizards" abuses an IPv6 networking ...
bleepingcomputer.com/news/security/hackers-abuse-ipv6-networking-feature-to-hijack-software-updates/
Pentagon looks to shake up "outdated" software procurement, declares war on open source
techradar.com/pro/pentagon-looks-to-shake-up-outdated-software-procurement-declares-war-on-open-source
Nintendo Expects To Sell 15 Million Switch 2 Consoles This Financial Year: As Switch 1, predictably, grinds to a halt
nintendolife.com/news/2025/05/nintendo-expects-to-sell-15-million-switch-2-consoles-this-financial-year
Apple to lean on AI tool to help iPhone battery life for devices in iOS 19: The enhancement will analyse how a person uses their device and make adjustments to ...
straitstimes.com/tech/apple-to-lean-on-ai-tool-to-help-iphone-battery-life-for-devices-in-ios-19
Stripe shows iOS developers how to avoid Apple’s App Store commission: Payments processing software provider Stripe is ready to help iOS app developers bypass ...
techcrunch.com/2025/05/01/stripe-shows-ios-developers-how-to-avoid-apples-app-store-commission/
Ford to cut 350 software jobs, hires a new chief accountant: On Tuesday, Ford announced it is hiring a new Chief Accounting Officer as news came out it is also ...
eu.freep.com/story/money/cars/ford/2025/05/13/ford-slash-350-jobs-chief-accountant-kyle-crockett/83599270007/
Japanese tech giant SoftBank records its first profit in 4 years | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15761578
Software dev fortifies his blog with 'zip bombs' — attacking bots meet their end with explosive data package
tomshardware.com/desktops/servers/software-dev-fortifies-his-blog-with-zip-bombs-attacking-bots-meet-their-end-with-explosive-data-package
Developer gets Linux running inside Microsoft Excel, 'mostly for fun': Holy sheet!
tomshardware.com/software/linux/developer-gets-linux-running-inside-microsoft-excel-mostly-for-fun
Satya Nadella says as much as 30% of Microsoft code is written by AI: Microsoft CEO Satya Nadella on Tuesday said that as much as 30% of the company's code is ...
cnbc.com/2025/04/29/satya-nadella-says-as-much-as-30percent-of-microsoft-code-is-written-by-ai.html
Trump and Peter Thiel's Palantir: a dangerous alliance?: Lack of transparency, abuse of power, hostility to democracy: Peter Thiel's Palantir is one of ...
tagesschau.de/wirtschaft/unternehmen/palantir-trump-thiel-ki-aktie-daten-100.html
Switch users say Virtual Game Cards are a "downgrade" as online game sharing changes
eurogamer.net/switch-users-say-virtual-game-cards-are-a-downgrade-as-online-game-sharing-changes
Image from the original article. Source: Cadence unveils new Nvidia-based supercomputer as it pushes into engineering, biotech software
reuters.com/business/healthcare-pharmaceuticals/cadence-unveils-new-nvidia-based-supercomputer-it-pushes-into-engineering-2025-05-07/
Key FactsCadence Introduces New Supercomputer for Engineering Advances
May 07 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Cadence Design Systems unveiled a new supercomputer based on Nvidia chips to accelerate software offerings for chip design, aviation, and biotechnology.
- The company has reworked its software to run on Nvidia's latest 'Blackwell' GPUs and will offer the Millennium M2000 featuring approximately 32 of these chips.
- The new supercomputer significantly reduces simulation time, as demonstrated with a Boeing 777 part, where analysis time dropped from eight days to under 24 hours.
- Nvidia plans to purchase ten of these supercomputers to develop the next generation of its chips and AI data center equipment, expecting a dramatic speedup in the design process.
"This is a big deal for us. We started building our data center to get ready for it."— Jensen Huang, CEO of Nvidia, discussing the purchase of new supercomputers to design the next generation of chips.
Exclusive: Ford kills project to develop Tesla-like electronic brain: Ford Motor has killed a program to develop next-generation electrical architecture - the ...
reuters.com/business/autos-transportation/ford-kills-project-develop-tesla-like-electronic-brain-2025-04-30/
Career choice: Prompt engineers are no longer needed - | Golem.de: In 2023, it was still said that the profession of prompt engineer would be in high demand in ...
golem.de/news/berufswahl-prompt-ingenieure-werden-nicht-mehr-gebraucht-2504-195698.html
Image from the original article. Source: Siemens sees limited tariff impact as profit top forecast: Siemens expects only a small impact on profit this year from the ramp up in global tariffs ...
reuters.com/business/siemens-confirms-growth-outlook-after-q2-figures-beat-forecasts-2025-05-15/
Key FactsSiemens Confirms Growth Outlook After Strong Q2 Results
3h · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Siemens anticipates a 3 to 7% revenue increase for the full year despite rising uncertainties.
- In the second quarter, industrial profit rose by 29% to 3.24 billion euros, aided by a gain from the sale of its wiring business.
- Sales increased by 7% to 19.76 billion euros, while orders grew by 10%.
- Despite challenges in the digital industry sector, Siemens is witnessing improvement across most business areas, particularly in Smart Infrastructure.
"Our customers continue to rely on our technology, and our global footprint demonstrates our resilience."— Roland Busch, CEO of Siemens, in a statement confirming the company's growth outlook.
Amazon's robotaxi unit Zoox agrees to software recall after self-driving Las Vegas crash
reuters.com/technology/amazons-robotaxi-unit-zoox-recalls-vehicles-after-self-driving-las-vegas-crash-2025-05-06/
9to5Mac Apr 26
Here's how Apple plans to fix Siri in iOS 19 - 9to5Mac: It goes without saying, Apple’s approach to developing its AI-infused version of Siri has gone very ...
9to5mac.com/2025/04/26/apple-fixing-siri-in-ios-19-heres-how/
Nintendo Switch System Update 20.0.0 Is Now Live, Here Are The Full Patch Notes: Adds Virtual Game Cards, GameShare and Switch 2 transfers
nintendolife.com/news/2025/04/nintendo-switch-system-update-20-0-0-is-now-live-here-are-the-full-patch-notes
Security Researchers Warn a Widely Used Open Source Tool Poses a 'Persistent' Risk to the US
wired.com/story/easyjson-open-source-vk-ties/
Catholic Church: Members in Germany and Worldwide: The Catholic Church elects a new leader. But how widespread is the Catholic faith still? A look at Germany and ...
zdf.de/nachrichten/panorama/katholische-kirche-mitglieder-deutschland-weltweit-100.html
Zoho suspends $700 million chipmaking plan in latest setback for India: Indian software firm Zoho has suspended its year-long pursuit of a $700 million plan to ...
reuters.com/world/india/zoho-suspends-700-million-chipmaking-plan-latest-setback-india-sources-say-2025-05-01/
Samsung Electronics to acquire heating and cooling solutions provider FläktGroup for 1.5 billion euros
cnbc.com/2025/05/14/samsung-electronics-to-acquire-flaktgroup.html
Samsung acquires Bowers & Wilkins, Denon, Marantz, in $350M audio deal: This move supercharges Samsung's ambitions in the premium audio space ...
techspot.com/news/107850-samsung-acquires-bowers-wilkins-denon-marantz-350m-audio.html
Image from the original article. Source: Who is Greg Abel, Berkshire Hathaway’s new CEO who will succeed Warren Buffett?: Here's what to know about Greg Abel's business background and his ...
fastcompany.com/91328484/who-is-greg-abel-berkshire-hathaway-new-ceo-replace-warren-buffett
Key FactsBuffett Remains Chairman of Berkshire Hathaway
May 06 · Reading time: ~45 sec.
Summary created with AI assistance · Source: oregonlive.com
Summary created with AI assistance · Source: oregonlive.com
- Greg Abel will become CEO of Berkshire Hathaway next year, while Warren Buffett remains as chairman.
- Abel will oversee all companies and investments but will have support from Buffett and other managers.
- Buffett highlights Abel's hands-on management style, while analysts express concerns about future performance under Abel's leadership.
- Buffett plans to delegate his wealth distribution to the Gates Foundation and his children to ensure long-term support for Abel.
It’s way better with Greg than with me because I didn’t want to work as hard as he works.— Warren Buffett discussing the transition of leadership to Greg Abel at Berkshire Hathaway.
Poverty in Germany: Young People Most Affected: 13 million people in Germany are considered poor. Graphics show which groups are particularly affected and where ...
zdf.de/nachrichten/politik/deutschland/armut-deutschland-paritaetischer-wohlfahrtsverband-armutsbericht-100.html
Dick's Sporting Goods nears $2.3 billion deal to acquire Foot Locker: report: Dick's Sporting Goods is reportedly nearing a $2.3 billion deal with Foot Locker ...
foxbusiness.com/retail/dicks-sporting-goods-nears-deal-acquire-foot-locker
Criminals from China are behind phishing network: "The package cannot be delivered" - | With such text messages, fraudsters are ripping off tens of thousands of ...
tagesschau.de/investigativ/br-recherche/textnachrichten-betrug-phishing-100.html
BRAVELY DEFAULT FLYING FAIRY HD Remaster for Nintendo Switch 2 - Nintendo Official Site
nintendo.com/us/store/products/bravely-default-flying-fairy-hd-remaster-switch-2/
How Yahoo built AI-driven content discovery into its revamped news app: Yahoo CEO Jim Lanzone outlines how the company integrated acquired company Artifact into ...
fastcompany.com/91332003/yahoo-ceo-interview-artifact-news-ai
Paid articlePaywall
Thames Water finances were ‘hair raising’, chair tells MPs: Adrian Montague also said some bosses in line for payouts of ‘50% of salary, very substantial ...
theguardian.com/business/2025/may/13/thames-water-chair-admits-to-mps-that-its-finances-were-hair-raising
The Great Language Flattening: Chatbots learned from human writing. Now it’s their turn to influence us.
theatlantic.com/technology/archive/2025/04/great-language-flattening/682627/
Siemens confirms growth outlook after Q2 figures beat forecasts: ZURICH (Reuters) -Siemens still expects to increase its full-year sales by between 3 and 7% ...
thestar.com.my/tech/tech-news/2025/05/15/siemens-confirms-growth-outlook-after-q2-figures-beat-forecasts
The business of the future is adaptive: Adaptive production could transform how factories function. Businesses that embrace it can reinvent themselves and ...
technologyreview.com/2025/05/07/1116098/the-business-of-the-future-is-adaptive/
AI tool clones websites and makes phishing child's play: A phishing toolkit automatically clones any website after entering the URL. Even laypeople can use ...
heise.de/news/KI-Tool-klont-Webseiten-und-macht-Phishing-kinderleicht-10363070.html
OpenAI Is in Talks to Acquire Programming Tool Windsurf for $3 Billion: The deal could be a way for OpenAI to gain a foothold among programmers ...
nytimes.com/2025/05/13/technology/openai-windsurf-talks.html
Liberation Day: | "Democracy thrives on participation": Leading German business leaders commemorate the end of the Second World War and urge that the memory of ...
zeit.de/2025/19/tag-der-befreiung-unternehmen-verbrechen-nationalsozialismus-zweiter-weltkrieg
Marriott Acquires citizenM Brand For $355M: Marriott acquires citizenM brand for $355M.
loyaltylobby.com/2025/04/28/marriott-acquires-citizenm-brand-for-355m/
Japan's drugmaker Shionogi to acquire JT's pharma units in $1bn deal: OSAKA/TOKYO -- Japanese pharmaceutical manufacturer Shionogi is set to buy Japan ...
asia.nikkei.com/Business/Business-deals/Japan-s-drugmaker-Shionogi-to-acquire-JT-s-pharma-units-in-1bn-deal
Questions raised over U.S. company's bid for B.C. fuel refinery: The possibility of a U.S. energy company owning Burnaby’s fuel refinery is causing concern ...
cbc.ca/news/canada/british-columbia/u-s-company-bids-for-b-c-refinery-1.7531838
businesstech.co.za Apr 29
Image from the original article. Source: The South African billionaire who became CEO at 73: Monster Beverage co-founder and billionaire Hilton Schlosberg will become the company’s new chief executive ...
businesstech.co.za/news/business/822439/the-south-african-billionaire-who-became-ceo-at-73/
Key FactsSchlosberg Takes Over as CEO of Monster Beverage at 73
Apr 29 · Reading time: ~30 sec.
Summary created with AI assistance · Source: businesstech.co.za
Summary created with AI assistance · Source: businesstech.co.za
- Hilton Schlosberg will become CEO of Monster Beverage Corporation on June 13, 2025.
- He and Rodney Sacks led the successful acquisition of Hansen Natural Corporation in 1990.
- Monster Beverage achieved the highest stock performance in the U.S. between April 1999 and April 2024, surpassing Apple, Microsoft, and Google.
- In Q4 2024, Monster Beverage reported a 4.7% increase in net sales to $1.81 billion, driven by strong demand for energy drinks.
Travel Radar - Aviation News Apr 28
Airbus Nears Acquisition of Spirit Plant in Belfast: Airbus, one of the world's three biggest aircraft manufacturers, is set to acquire an operational plant in ...
travelradar.aero/airbus-nears-acquisition-of-spirit-plant-in-belfast/
The fall of Weight Watchers isn’t the victory against diet culture you think it is
independent.co.uk/life-style/weight-watchers-bankruptcy-ozempic-b2747294.html
Deliveroo deal shows UK still can't hang on to big firms: The takeover by a US firm shows the differing fortunes and attractions of US and UK stock markets.
bbc.com/news/articles/cvgp22d2kexo
Image from the original article. Source: DoorDash rings up record first-quarter revenue and expands delivery reach through acquisitions
apnews.com/article/doordash-first-quarter-deliveroo-sevenrooms-47e21b6a18ac4cfa91fba0bfb479d56a
Key FactsDoorDash Acquires Deliveroo for £2.9 Billion
May 06 · Reading time: ~45 sec.
Summary created with AI assistance · Source: theguardian.com
Summary created with AI assistance · Source: theguardian.com
- Deliveroo has accepted a £2.9 billion takeover offer from DoorDash, resulting in a nearly £66 million payout for its employees.
- The acquisition values Deliveroo at 180p per share, significantly less than its original market debut value.
- Job losses could affect up to 830 employees, primarily in administrative roles, though DoorDash aims to minimize redundancies.
- Tony Xu of DoorDash praised Deliveroo's customer-focused approach and confirmed adherence to existing partnerships with unions.
"We are now at the beginning of a transformative new chapter. DoorDash and Deliveroo are like-minded organisations with a shared strategic vision and aligned values."— Will Shu, co-founder of Deliveroo, describes the takeover by DoorDash.
AMETEK to acquire FARO Technologies in deal valued at $920 million: Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about ...
reuters.com/markets/deals/ametek-acquire-faro-technologies-deal-valued-920-million-2025-05-06/
Comcast's cable spinoff to be named Versant, picked to emphasize corporate versatility
cnbc.com/2025/05/06/comcast-spinco-corporate-name-versant.html
Before You Buy Another Business, Follow These 5 Steps: Don't just chase trends — use these five steps to find the right business for your skillset and ...
entrepreneur.com/franchises/a-5-step-guide-to-smarter-business-growth/489784
Seeking Alpha Apr 28
Siemens: Europe's Industrial Powerhouse Poised For Growth: Siemens combines strong fundamentals, smart acquisitions, and financial resilience to lead in ...
seekingalpha.com/article/4778691-siemens-europes-industrial-powerhouse-poised-for-growth
Paid articlePaywall Jail for ‘key cog’ in cryptocurrency scam in which investors in Singapore lost $1.1m
straitstimes.com/singapore/courts-crime/jail-for-key-cog-in-cryptocurrency-scam-in-which-investors-in-singapore-lost-1-1m
businesstech.co.za Apr 30
Massive American company being liquidated in South Africa: A massive factory in Gauteng is being auctioned as part of the liquidation of American packaging giant ...
businesstech.co.za/news/business/822706/massive-american-company-being-liquidated-in-south-africa/
Couche-Tard advances deal talks for Japan's Seven & i with access to books: Alimentation Couche-Tard (ACT) and Japan's Seven & i said they have signed a ...
reuters.com/markets/deals/couche-tard-signs-nda-with-7-eleven-2025-04-30/
Mahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore: Mahindra & Mahindra (M&M) will acquire a 58.96% stake in SML Isuzu for Rs 555 crore by buying out ...
financialexpress.com/business/industry/mahindra-to-acquire-58-96-stake-in-sml-isuzu-fornbsprs-555-crore/3823693/
Jamaica Packaging close to tripling capacity with new factory: Backed by a big bank loan, Jamaica Packaging Industries Limited has upgraded its machinery and ...
jamaica-gleaner.com/article/business/20250502/jamaica-packaging-close-tripling-capacity-new-factory
Germany's Merck KGaA in $3.9 billion deal to buy US biotech firm SpringWorks: Merck KGaA has struck a deal to buy U.S. biotech company SpringWorks Therapeutics ...
reuters.com/business/healthcare-pharmaceuticals/germanys-merck-kgaa-39-bln-deal-acquire-us-biotech-firm-springworks-2025-04-28/
China’s Wang Ning Adds $1.6 Billion To Wealth As Americans Queue For Toys: Wang Ning, chairman and CEO of Chinese toy maker Pop Mart International Group ...
forbes.com/sites/ywang/2025/04/28/chinas-wang-ning-adds-16-billion-to-wealth-as-americans-queue-for-toys/
Image from the original article. Source: Airbus will buy Spirit AeroSystems’ US and UK assets as it carves up the supplier with Boeing
cnn.com/2025/04/28/business/airbus-spirit-aerosystems-boeing-intl/
Key FactsAirbus Secures Spirit Aero Deal for Stability
Apr 28 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Airbus has finalized an agreement to take over Spirit AeroSystems' plants to support the struggling supplier alongside Boeing.
- The deal includes loss-making European facilities, notably a plant in Belfast responsible for A220 aircraft.
- British unions have raised concerns over job security in Northern Ireland, where 3,000 workers are employed, urging government intervention.
- Airbus will pay Spirit $439 million as compensation for the production takeover, amid ongoing tensions regarding job preservation.
"We will fight tooth and nail to protect jobs at the 150-year-old facility."— The GMB union pledged to 'fight tooth and nail' to protect jobs at the 150-year-old facility.
A few secretive AI companies could crush free society, researchers warn: What happens when AI automates R&D and starts to run amok? An intelligence explosion ...
zdnet.com/article/a-few-secretive-ai-companies-could-crush-free-society-researchers-warn/
Why the Post Office paid £600m to stay shackled to the faulty Horizon system: Not owning crucial code has meant it has been unable to replace the system that led ...
bbc.com/news/articles/cgm8lmz1xk1o
You can still get a job in tech, says Microsoft engineer: Will Kencel, a senior engineer for Microsoft Xbox, said switching up your strategy in the face of ...
businessinsider.com/software-engineer-career-strategy-microsoft-engineer-2025-4
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