Author: OMN AI

Amazon revealed a fresh round of global job cuts through an email mistakenly sent to workers.The message reached staff at Amazon Web Services and referenced layoffs under “Project Dawn”.It wrongly stated affected employees in the US, Canada, and Costa Rica had already been informed.The email came from senior vice-president Colleen Aubrey and was later withdrawn.Amazon previously announced 14,000 corporate job cuts as it trims pandemic-era expansion.Chief executive Andy Jassy has warned AI could replace some white-collar roles.The news followed job cut plans at United Parcel Service, which is reducing reliance on Amazon deliveries.

Lawmakers Push for Clear Rules and Investment MEPs from the European People’s Party are calling on the EU to treat nuclear fusion as a serious, near-term opportunity rather than just research. On Tuesday, they issued a declaration urging the European Commission to create a clear and predictable regulatory framework that could attract the private investment needed to develop fusion energy, given its high costs. “Fusion has reached a turning point. European industrial capability and private investments are converging toward deployment,” the declaration reads. Lawmakers including Tsvetelina Penkova (Bulgaria/EPP) and Hildegard Bentele (Germany/EPP) stressed that Europe has a chance to turn…

Scientists launched DinoTracker, an AI app that identifies dinosaurs using fossilized footprints.The system analyzes footprint shapes without relying on potentially flawed human labels.Researchers trained the AI on 2,000 unlabelled footprint silhouettes.The model identified eight key shape features, including toe spread and heel position.The app matches expert classifications about 90% of the time.The team published the research in Proceedings of the National Academy of Sciences.Steve Brusatte said footprints reflect anatomy, movement, and ground conditions.University of Edinburgh researchers helped develop the system.Gregor Hartmann said mislabelled data weakens earlier AI approaches.The app lets users compare similar tracks and adjust footprint features interactively.Results support…

A high-profile trial over alleged social media addiction opens Tuesday in California. Senior executives from major technology companies are expected to testify. The outcome could redefine legal responsibility for digital platforms. The plaintiff is a 19-year-old woman identified as KGM. She claims platform algorithms caused addiction and harmed her mental health. She says design choices encouraged compulsive use during her teenage years. The defendants include Meta, owner of Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat settled with the plaintiff last week. The remaining companies will defend themselves in court. The case will move forward at Los…

The U.S. Securities and Exchange Commission dropped its lawsuit against the Winklevoss twins’ crypto exchange after investors recovered all assets.Regulators cited the full repayment of Gemini Earn customers through the Genesis Global Capital bankruptcy in mid-2024.The decision reflects a friendlier crypto stance under President Donald Trump, who promotes digital assets.The exchange, now called Gemini Space Station, faced charges over an allegedly illegal lending program launched with Genesis.New York regulators later secured a settlement that compensated users and barred Gemini from crypto lending locally.Gemini debuted strongly on Nasdaq and is now valued at $1.14bn, according to LSEG.

Eight Countries Receive SAFE Funding Approval The European Commission has given the green light to defence investment plans from Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia, and Finland under the EU’s €150 billion Security Action for Europe (SAFE) programme. Together, these countries requested €74 billion, with Poland accounting for €43.7 billion alone. SAFE is a major part of the EU’s Readiness 2030 initiative, which aims to channel hundreds of billions of euros into defence by the end of the decade amid concerns that Russia could pose a direct threat to Europe. This second round of approvals follows €38 billion granted…

Gold prices climbed above $5,000 (£3,659) an ounce for the first time, extending a historic rally. The precious metal has risen more than 60% during 2025, marking an exceptional year. Rising geopolitical and financial stress has fueled the surge. Tensions between the United States and Nato over Greenland have shaken investor confidence. Markets have reacted nervously to growing global instability. US President Donald Trump has added pressure through aggressive trade policies. He recently threatened a 100% tariff on Canada. The threat targets any Canadian trade agreement with China. Safe-haven assets return to favour Investors often buy gold during periods of…

The World Bank Group has inaugurated its first office in Doha, marking a new chapter in its collaboration with Qatar and reinforcing the country’s expanding role in global development and finance. The office, officially opened on Sunday, will act as a regional hub for partnerships between the World Bank Group and Qatari institutions. Its main focus will be on development financing, mobilising private-sector investment, and supporting countries facing fragility and conflict. The office is located at the Qatar Fund for Development (QFFD) headquarters, in cooperation with the Ministry of Finance. World Bank Group President Ajay Banga highlighted the significance of…

Coca-Cola has launched legal proceedings against Vue after the cinema chain ended a near-25-year partnership and switched its European soft drink supply to PepsiCo. Vue, which operates more than 220 cinemas across eight countries, awarded PepsiCo an exclusive supply contract until at least 2030 after a competitive tender last year. The move ended Coca-Cola’s long-standing relationship with the company. Coca-Cola Europacific Partners Great Britain filed a claim on Thursday seeking recovery of alleged unpaid debts linked to the contract’s termination. Vue confirmed there were disputed amounts on both sides but said the issue has since been resolved, with no money…

US President Donald Trump has issued a sharp warning to Canada. He said the United States would impose 100% tariffs on all Canadian goods. Trump shared the threat on his social media platform. He said the tariffs would take effect immediately. The warning targets any trade agreement or economic partnership between Canada and China. Trump said Canada would face severe consequences if it pursued deals with Beijing. He said the tariffs would cover all Canadian products entering the United States. He framed the action as protection for American workers and industries. He offered no exemptions or room for negotiation. The…