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Amazon's corporate workforce may shrink as AI takes over routine tasks
June 17 (Reuters) - Rollout of generative AI and agents will reduce Amazon's AMZN.O total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer said in a note to employees on Tuesday.Artificial intelligence is reshaping the global workforce by automating routine and r...Reuters
Tue, Jun 17
Soccer-Fluminense begin Club World Cup with goalless draw against Dortmund
EAST RUTHERFORD, N.J., June 17 (Reuters) - Fluminense held Borussia Dortmund to a 0-0 draw in their Group F Club World Cup opener in New Jersey on Tuesday, as the Brazilian side were left to rue missed chances at MetLife Stadium. Fluminense were firmly in control against the Bundesliga side in the f...Reuters
Tue, Jun 17
CORRECTED-Adobe brings AI-image generation app to phones, adds partners
By Stephen Nellis SAN FRANCISCO, June 17 (Reuters) - Adobe Inc. ADBE.O released its first dedicated artificial intelligence smartphone app on Tuesday that includes AI models from the company and partner firms, in a bid to tap into a growing trend of sharing AI images and videos over social media....Reuters
Tue, Jun 17
Streaming surpasses broadcast and cable TV viewing in US for first time
Streaming captures 44.8% of TV usage, Nielsen reportsYouTube leads streaming services with 12.5% of TV viewing shareBroadcast accounts for 20% of viewership, cable for 24%LOS ANGELES, June 17 (Reuters) - Streaming services, which have been steadily gaining in popularity, have finally dethroned broad...Reuters
Tue, Jun 17
Apple wins appeal to overturn $300 mln US patent verdict
By Blake Brittain June 17 (Reuters) - Apple AAPL.O has convinced a U.S. appeals court to throw out a $300 million verdict by a jury that found it infringed wireless standard-essential patents owned by IP management company Optis Wireless Technology.The U.S. Court of Appeals for the Federal Circui...Reuters
Tue, Jun 17
UAE warns of 'uncalculated, reckless steps' amid Israel-Iran air war
June 17 (Reuters) - The foreign minister of the United Arab Emirates, Sheikh Abdullah bin Zayed, has warned of "uncalculated and reckless steps" that could spill out beyond the borders of Iran and Israel, according to a statement by the foreign ministry on Tuesday.Reuters
Tue, Jun 17
Mark Cuban's Cost Plus partners with telehealth firm to offer employers obesity care drugs
June 17 (Reuters) - Telehealth firm 9amHealth has partnered with billionaire entrepreneur Mark Cuban's Cost Plus Drug Company to offer U.S. employers cheaper obesity treatment options, the companies said on Tuesday. Cost Plus Drugs supplies generic drugs by contracting directly with manufactu...Reuters
Tue, Jun 17
ABA defends its diversity scholarships as protected free speech
By Karen Sloan June 17 (Reuters) - The American Bar Association said on Monday that a scholarship program designed to boost diversity among law students is protected free speech, in a bid to toss a lawsuit brought by a prominent conservative group alleging the program is discriminatory.The ABA’s ...Reuters
Tue, Jun 17
Tennis-Sinner through in Halle to set up clash with former champion Bublik
June 17 (Reuters) - Top seed Jannik Sinner beat local hope Yannick Hanfmann 7-5 6-3 to move into the last 16 at the Halle Open on Tuesday as the world number one looks to defend the only grasscourt title he has won in his career.In his first match since the epic Roland Garros final where he lost to ...Reuters
Tue, Jun 17
Tennis-Boulter leads British charge at Nottingham Open
June 17 (Reuters) - Defending champion Katie Boulter defeated New Zealand's Lulu Sun 6-2 6-2 at the Nottingham Open on Tuesday as four Britons advanced to the last 16.Joining eighth seed Boulter were Mingge Xu, Sonay Kartal, and Francesca Jones, though Boulter and Kartal are set to face each oth...Reuters
Tue, Jun 17
Fed announces meeting to discuss easing bank leverage rules
By Pete Schroeder WASHINGTON, June 17 (Reuters) - The Federal Reserve will consider plans to ease leverage requirements on larger banks at a meeting later this month, kicking off what is expected to be a broad effort to reconsider bank rules.The U.S. central bank announced the board meeting, sche...Reuters
Tue, Jun 17
Cadwalader partner leaves to join Roberta Kaplan's law firm
By Sara Merken June 17 (Reuters) - A litigation partner at Cadwalader, Wickersham & Taft who also chaired the law firm's pro bono committee has left for a smaller firm led by Roberta Kaplan, marking the latest departure from firms that struck deals with U.S. President Donald Trump to aver...Reuters
Tue, Jun 17
