NEWS

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Amazon has announced another sweeping round of job cuts, saying it will eliminate about 16,000 positions as the company sharpens its focus on artificial intelligence and restructures how it operates.

The layoffs mark the second major workforce reduction in roughly three months, underscoring the pressure on Big Tech firms to move faster and spend more efficiently

as competition around AI tools, infrastructure, and talent accelerates across the industry.

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US President Donald Trump has warned Iran that "time is running out" to strike a new nuclear agreement, issuing his most explicit threat yet as American military deployments intensify across the Middle East.

Speaking through a post on his Truth Social platform, Trump said a "massive armada" led by the aircraft carrier USS Abraham Lincoln was moving toward the region, describing the force as larger than previous US naval deployments and fully prepared to act if diplomacy fails. He urged Tehran to return to negotiations, stressing that the alternative would be severe military consequences.

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Minnesota congresswoman Ilhan Omar was sprayed with an unidentified liquid during a public town hall in Minneapolis on Tuesday, after a man in the audience used a syringe-like device to project the substance toward her, according to local police.

Omar was not injured and remained at the podium following the incident, telling attendees she would not be intimidated. Later, she said the attack would not stop her from continuing her work, describing herself as a survivor who refuses to give in to bullying.

Witnesses inside the community center said the liquid had a strong, sour odor, similar to a chemical product. Video footage shows security personnel rushing toward the suspect as staff shouted for space, before the man was forced out of the room.

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Starbucks has removed a $250,000 annual cap on CEO Brian Niccol’s personal use of the corporate jet, citing heightened safety concerns and "credible threat actors." Niccol currently uses the aircraft to commute roughly 1,000 miles from his home in California to the company’s Seattle headquarters. While he was previously required to reimburse the firm for personal travel exceeding the quarter-million-dollar limit, a recent security review recommended he use the private jet for all air travel. The new arrangement will be reviewed by the board every three months.

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TikTok US has rejected allegations that its new American leadership is exercising excessive control over user content, attributing widespread glitches to technical hurdles. Since becoming a standalone American entity last week, the platform has been hit by thousands of user reports citing errors and posting failures. A spokesperson reiterated on Friday that these disruptions are purely a result of the complex transition to a separate entity and are not a deliberate effort to moderate or restrict viral content.

"We've made significant progress in recovering our US infrastructure with our US data center partner," the spokesperson said. "However, the US user experience may still have some technical issues, including when posting new content."

They also pushed back on users' claims they were not able to use the name "Epstein" on TikTok. It refers to Jeffrey Epstein, the dead convicted sex offender and financier. The Trump administration has continued to face fierce scrutiny for its handling of the Epstein case.

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The Federal Reserve voted on Wednesday to maintain current interest rates, with Chair Jerome Powell emphasizing the vital importance of central bank independence. Adopting a "wait-and-see" approach, the Fed opted for stability despite persistent public pressure from President Donald Trump to lower borrowing costs. By holding rates steady, the central bank’s leadership effectively asserted its autonomy from the White House, prioritizing inflation control over political demands for cheaper credit.

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Three of the world’s biggest tech companies face a landmark trial in Los Angeles starting this week over claims that their platforms — Meta’s Instagram, ByteDance’s TikTok and Google’s YouTube — deliberately addict and harm children.

Jury selection starts this week in the Los Angeles County Superior Court. It’s the first time the companies will argue their case before a jury, and the outcome could have profound effects on their businesses and how they will handle children using their platforms. The selection process is expected to take at least a few days, with 75 potential jurors questioned each day through at least Thursday. A fourth company named in the lawsuit, Snapchat parent company Snap Inc., settled the case last week for an undisclosed sum.