Business Trends
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Study: Over Half of Organizations Seeing ROI on AI Adoption Findings from a Thomson Reuters report reveals that businesses operating with AI strategies are already seeing ROI. -
Canada Rescinds Its US Technology Tax So Trade Talks Resume The digital services tax would have charged an estimated $2 billion to US tech giants when it went into effect on June 30th. -
Major Layoffs Planned at Microsoft’s Xbox Gaming Division Microsoft seems to be getting in one last round of job cuts for its gaming division before its fiscal year ends on June 30th. -
Intel Will Lay Off Oregon Factory Workers Starting in July Chipmaker Intel reveals plans to lay off personnel from mid-July. Jobs susceptible to automation are on the chopping block. -
US Retail Job Losses Are 274% Higher Than They Were Last Year Tech updates like AI may have accounted for 20,000 of the jobs lost in 2025 so far, but most are due to DOGE and the economy. -
Microsoft Adds More Layoffs by Letting Go of Washington Workers Microsoft laid off more than 6,000 workers this month, and now it's adding more than 300 from the Washington office.
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Mark Cuban: New Companies With New Jobs Will Come from AI Cuban noted in a Bluesky post that he believes the technology will actually improve overall employment. -
Apple Stock Plummets as Trump Threatens 25% Tariff President Trump posted on Truth Social that Apple needs to start manufacturing iPhones in the US or face the consequences. -
Study: Tech Leaders Are Rushing to Implement AI Agents A new study has found tech executives are are rushing to implement agentic AI in their workplaces. -
US Cuts the De Minimis Tariff for Small China Packages to 54% Before May, carriers didn't pay anything for China packages under $800. Then they paid 120% tariffs. Now, it's just 54%. -
Microsoft Is Laying Off 3% of Its Workforce The impacted workers will likely total around 6,000 across all layers of the company, including the LinkedIn team. -
Click-to-Cancel Rule Enforcement Delayed by FTC Enforcement of the new rule was set to start on May 14th, but now won't take effect until July.