๐จ Amazon is laying off employees in its artificial intelligence division. The decision comes as part of the company's ongoing restructuring efforts to streamline operations and focus on core business areas. The layoffs are expected to affect a significant number of positions within the team, as Amazon continues to adapt to changing market demands and technological advancements.
๐บ๐ธ Apple is preparing a significant AI update for its iMac. The tech giant aims to enhance user experience and performance through advanced artificial intelligence features. This move signals Apple's commitment to staying at the forefront of technology innovation. Further details on the update are anticipated in the coming months. For more information, visit Apple's website.
๐จ Andrey Birzhin has been appointed the head of Public Joint Stock Company "Glorax" (ะะะ ยซะะปะพัะฐะบัยป).
๐จ๐๐ท๐บ The era of the "gray" cryptocurrency market in Russia has officially ended. With the new law on "Digital Currency," banks and tax authorities now hold the power to audit any crypto transactions. Hiding behind others' cards and hoping for leniency is no longer an option, as administrative and criminal penalties loom. On July 23 at 8 PM, a live broadcast featuring lawyer Mikhail Uspensky will dissect the new regulations, covering taxes, legal platforms, and updated crypto guidelines. Better to listen to the experts than face hefty fines. Register here ๐ REGISTER
๐จ Hunter Biden is attempting to sell his paintings for $54,000, according to the New York Post. The artworks have generated significant attention, reflecting both his artistic ambitions and the ongoing public interest in his personal life. For more details, visit the NYP article here.
๐บ๐ธ OpenAI has raised its forecast for cloud technology spending to $750 billion by 2030. The company anticipates significant growth in this sector, reflecting the increasing demand for advanced technological solutions. This adjustment underscores the importance of cloud infrastructure in driving innovation and efficiency across various industries. For more details, visit OpenAI.
โ ๏ธ Upcoming Events
Russia will release its industrial production data for June at 19:00 Moscow time. Additionally, the consumer price index (CPI) for the week will also be announced at the same time.
Russia will release its industrial production data for June at 19:00 Moscow time. Additionally, the consumer price index (CPI) for the week will also be announced at the same time.
๐บ๐ธ๐ฒ๐ฑ The Trump administration is considering military options in Mali, according to the Washington Post.
โ๏ธ๐บ๐ฆ President Zelensky discussed with Whitcoff and Kushner ideas for renewing diplomatic efforts aimed at ending the war, according to AXIOS.
๐จ๐๐บ๐ธ Republicans in the Senate have amended the CLARITY Act, introducing the first restrictions on how U.S. presidents can profit from cryptocurrencies. The revised bill prohibits presidents and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. For more details, visit CNBC.
๐ฌ๐ง The valuation of Revolut has surged to $115 billion, according to the Wall Street Journal.
โ ๏ธ๐ฎ๐ท Iran's military commander, Mousavi, has issued a warning that Iran will cut off electricity to regional allies of the United States if its bridges or power stations are attacked. This statement highlights rising tensions in the region. For more details, visit Tasnim.
๐บ๐ธ The European Commission has approved the merger of Warner Bros. and Paramount.
๐ Porsche plans to cut between 5,000 and 6,000 jobs by 2035, according to Bild. The automaker is making these changes as part of its strategy to adapt to evolving market demands and increase efficiency.
๐ซ๐ข The Islamic Revolutionary Guard Corps (IRGC) has warned shipping companies about the mining of the southern route of the Hormuz Strait.
๐บ๐ธ๐จ๐ณ Nvidia CEO Jensen Huang believes there is no reason for the United States to fear China's open-source AI models. Huang stated that there is no scenario in which China would displace American AI companies.