Cloudflare Slashes 20% of Workforce in Shift to AI-Driven Operations
Cloudflare (NYSE: NET), a leading cloud services provider, announced a sweeping reduction of its global workforce, cutting approximately 20%, or over 1,100 employees, as part of a strategic pivot to an AI-driven operating model. The layoffs, detailed by CEO Matthew Prince and CFO Michelle Zatlyn, are not tied to individual performance but reflect a broader […]
China Pushes for Iran Conflict Resolution Ahead of Trump-Xi Summit in Beijing
China is intensifying efforts to resolve the ongoing Iran conflict before US President Donald Trump arrives in Beijing for a high-stakes summit with President Xi Jinping on May 14-15. With the war in Iran stretching into its third month and the Strait of Hormuz largely impassable, Chinese Foreign Minister Wang Yi has called for the […]
Amazon Adds Ozempic To Pharmacy Kiosks, Plans Same-Day Delivery
Amazon is deepening its push into high-demand GLP-1 drugs by adding Novo Nordisk’s Ozempic pill to Amazon Pharmacy, pairing kiosk pickup with same-day delivery across roughly 3,000 US cities and towns. The move gives Amazon a bigger role in diabetes drug distribution after earlier expanding access to Novo Nordisk’s Wegovy and Eli Lilly’s Foundayo, two […]
‘Project Freedom’ Set To Resume As Saudi Arabia, Kuwait Lift US Military Restrictions, Says WSJ
Saudi Arabia and Kuwait have lifted restrictions on the use of their military bases and airspace by U.S. forces, clearing a path for the resumption of Project Freedom, a U.S.-led operation to secure commercial shipping through the Strait of Hormuz amid tensions with Iran, as per recent reports by the Wall Street Journal. The decision […]
Boeing Bets On Trump To Unlock China Orders As CEO Joins US Delegation
Boeing shares rose as investors bet that CEO Kelly Ortberg’s expected presence on President Donald Trump’s China trip could help revive a long-stalled aircraft order from Chinese airlines, potentially marking the company’s first major Chinese purchase agreement in nearly nine years. The stock climbed more than 2% in Thursday trading, after touching an intraday high […]
WHO Expects Hantavirus Cases To Rise in Coming Weeks After Deadly Cruise Ship Outbreak
The World Health Organization has warned that more hantavirus cases may emerge in the coming weeks following a deadly outbreak on a cruise ship near the Cape Verde Islands, where three people have died and eight are suspected to be infected. Dr. Tedros Adhanom Ghebreyesus, WHO Director-General, emphasized the virus’s incubation period of up to […]
Ontario Inks $300M Deal to Boost Bruce Power, Eyeing World’s Largest Nuclear Facility
Ontario has struck a $300 million cost sharing agreement with Bruce Power to advance a massive expansion at its nuclear site, a move that could position the province as home to the world’s largest nuclear generating facility. The deal, announced at Queen’s Park, underscores a bold push to meet rising energy demands through clean power. […]
Silver47 Pulls High-Grade Gold and Silver Assays from Nevada Vein Network At Kennedy
Silver47 Exploration (TSXV: AGA) reported a fresh batch of rock sample results from its Kennedy gold-silver project in Nevada on Wednesday, with assays running as high as 38.7 g/t gold and 1,713 g/t silver.
NexGen Energy Drill Results Deepen the PCE-Arrow Comparison as High-Grade Zone Expands
NexGen Energy (TSX: NXE) released the final batch of 2025 assay results from its Patterson Corridor East discovery on Wednesday, with several intercepts strengthening the case that the deposit shares meaningful geological characteristics with the company’s flagship Arrow project located 3.5 kilometres away. Highlights from the latest results include: The standout was hole RK-25-239, which […]
Canadian Gold Resources Taps Chernin as Interim CEO in Planned Transition
Canadian Gold Resources (TSXV: CAN) is reshuffling its top ranks. The junior explorer announced Tuesday that founder Ron Goguen Sr. has transitioned out of the President and CEO role as part of a planned succession, with Vice President of Corporate Development Kenneth Chernin stepping up to the interim post effective immediately.