Tech layoffs continue amid AI optimization while geopolitical tensions impact energy markets; legal battles over workplace practices and media ownership dominate business headlines.

Coinbase cuts 14% of its workforce as the cryptocurrency exchange cites market volatility and the need to optimize for the artificial intelligence era, reflecting broader tech industry restructuring efforts.

James Murdoch's Lupa Systems is in talks to acquire major parts of Vox Media, which generates over $80 million annually from podcasts, potentially elevating his company as a major U.S. media player.

The U.S. Equal Employment Opportunity Commission sued The New York Times, alleging discrimination against a White male employee and claiming violations of civil rights law related to DEI policies.

Delta Air Lines will eliminate complimentary snacks and drinks on flights under 350 miles as part of cost-optimization measures, while expanding service on longer routes.

Volkswagen has become Rivian's top shareholder, displacing Amazon, signaling major shifts in EV industry partnerships and investment strategies.

Oil futures fell sharply after President Trump paused the U.S. military operation to reopen the Strait of Hormuz after just one day, attempting to negotiate a deal with Iran instead.

SAP invests $1.16 billion in an 18-month-old German AI lab and approves the NemoClaw project, demonstrating continued enterprise tech spending on artificial intelligence capabilities.

Google DeepMind UK workers voted to unionize over concerns about the company's military AI deals, reflecting growing employee activism around ethical AI applications.

Sitara Petroleum raised Rs4.8 billion through an IPO at Pakistan Stock Exchange, selling 279.9 million shares, marking significant capital market activity in the energy sector.

Astera Labs' stock climbs as the connectivity company reports strong earnings while working to enhance AI chip performance, benefiting from the ongoing AI infrastructure boom.