Author: OMN AI
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Amazon revealed plans for fresh global job cuts after workers received an erroneous internal email.The message, signed by Colleen Aubrey, referred to layoffs at Amazon Web Services under “Project Dawn”.It wrongly claimed affected staff in the US, Canada, and Costa Rica had already been informed.Amazon has not confirmed the scale of the cuts, following 14,000 corporate layoffs announced in October.Chief executive Andy Jassy has warned automation and AI could reduce white-collar roles.
Lawmakers Push for Fusion as a Strategic Energy Source MEPs from the European People’s Party are urging the EU to treat nuclear fusion as more than just a research project. On Tuesday, they issued a declaration calling on the European Commission to create a clear and predictable regulatory framework that would attract private investment and help the EU become a leader in this emerging energy technology. Speaking at a public hearing in the European Parliament, lawmakers stressed that fusion has reached a tipping point. “European industrial capability and private investments are converging toward deployment. What is now required is clear…
Scientists launched DinoTracker, an AI app that identifies dinosaur footprints with about 90% agreement with human experts.Researchers from the University of Edinburgh and Helmholtz-Zentrum trained the system using 2,000 unlabelled footprint silhouettes.The AI compares eight shape features to group similar tracks without relying on potentially incorrect labels.Users can upload footprints, explore similar prints, and test how shape changes affect classification.The results support earlier findings that some Triassic tracks look birdlike, though their origin remains debated.
A major court case over alleged social media addiction opens Tuesday in California. Leading technology executives are expected to testify. The outcome could reshape 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 the designs encouraged excessive use during adolescence. The defendants include Meta, which owns Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat settled with the plaintiff last week. The remaining firms now face trial. The case will proceed at Los Angeles Superior Court. Legal experts view it…
The SEC agreed to dismiss its lawsuit against the Winklevoss twins’ crypto exchange after investors fully recovered their assets.The decision reflects a friendlier regulatory approach toward cryptocurrencies under President Donald Trump.Regulators cited the complete repayment of Gemini Earn investors through the Genesis Global Capital bankruptcy in 2024.The case originally accused Gemini and Genesis of illegally selling securities through a crypto lending program.Genesis froze accounts in 2022 but later returned customer assets in full.The SEC stressed the dismissal does not affect its stance in other crypto enforcement cases.
Eight Countries Secure SAFE Funding The European Commission has approved defence investment plans from eight EU nations under the new Security Action for Europe (SAFE) programme, part of the wider Readiness 2030 strategy. Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia, and Finland will collectively access €74 billion in loans, with Poland alone receiving €43.7 billion. This is the second round of approvals, following €38 billion granted to Belgium, Bulgaria, Denmark, Spain, Croatia, Cyprus, Portugal, and Romania earlier in January. SAFE is a key element of Europe’s plan to channel up to €800 billion into defence by 2030, amid intelligence warnings…
Gold prices surged beyond $5,000 (£3,659) an ounce for the first time, extending a historic climb. The precious metal has gained more than 60% during 2025, marking an extraordinary rally. Rising geopolitical and financial tensions have driven the surge. Strains between the United States and Nato over Greenland have unsettled markets. Investors have grown increasingly uneasy about global stability. US President Donald Trump has intensified concerns with aggressive trade policies. He recently threatened a 100% tariff on Canada. The measure would follow any Canadian trade deal with China. Safe-haven assets dominate investor strategy Investors often turn to gold during turbulent…
The World Bank Group has officially opened its first office in Doha, marking a significant step in its partnership with Qatar and reinforcing the country’s growing influence in global development and finance. The office aims to strengthen cooperation on development projects, private-sector investment, and support for fragile economies across the region. The Doha office is hosted at the Qatar Fund for Development (QFFD) headquarters in coordination with the Ministry of Finance. Speaking at the inauguration, World Bank Group President Ajay Banga highlighted the deepening partnership, noting that Qatar can play a key role in fostering regional growth while encouraging private…
Coca-Cola has launched legal action against Vue after the cinema chain ended a near-25-year partnership and switched to PepsiCo as its soft drink supplier across Europe. Vue, which operates more than 220 cinemas in eight countries, selected PepsiCo last year for a deal running until at least 2030. Coca-Cola Europacific Partners Great Britain filed the claim to recover alleged unpaid debts following the contract’s termination. Vue said Coca-Cola also owed it money, but no legal action was taken on its side. Vue’s chief executive, Tim Richards, criticised the move, saying the dispute could have been resolved without lawyers and involved…
US President Donald Trump has issued a fresh trade threat against Canada. He said the United States would impose 100% tariffs on Canadian goods. Trump shared the warning on his social media platform. He said the tariffs would apply immediately. The statement targeted any trade deal between Canada and China. Trump said Canada would face punishment if it moved forward with Beijing. He said the tariffs would cover all Canadian products entering the United States. He framed the move as economic self-defense. He did not mention talks or compromises. The warning intensified pressure on Canada’s government. Trump Leaves Nature of…
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