Sectors
Disney's Pixar Slashes 175 Jobs as Focus Shifts Back to Films
Pixar Animation Studios initiated layoffs affecting 14% of its workforce, approximately 175 employees, as part of a strategic shift away from original streaming series development following a period of expansion for Disney+.
'Kill Switch' for AI to be Implemented by Tech Giants in Landmark Safety Agreement
Microsoft, Amazon, OpenAI, and other tech giants have committed to a landmark international AI safety agreement at the Seoul AI Safety Summit, including a "kill switch" to halt AI development if risks cannot be mitigated.
Elon Musk Receives Proposal From Nickel-Rich Indonesia to Establish EV Battery Plant in the Country
Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.
UK Grocery Price Inflation Cools to Lowest Level Since October 2021, Industry Data Shows
Grocery price inflation in the UK has slowed to its lowest level since October 2021 and is gradually returning to "more normal levels," according to industry data.