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Israeli forces said they targeted military facilities in southern Syria that posed a “threat to the Israeli state.”At least two people have been killed and 19 people have been injured after an Israeli air force emerged outside the southern province of Della, Syria. Israeli forces confirmed the strike Monday night, saying they were targeting military locations, including weapons and vehicles belonging to the forces of Syrian President Bashar al-Assad. The Israeli Army is “surprising military targets in South Syria, including commands and military sites, including weapons and military vehicles currently belonging to the Syrian regime,” the Army statement said, adding…
It is risky to create a startup that competes with your previous employer. For example, Apple once sued a former Chip Design executive who founded his own chip startup in a case that was dropped in 2023. Recent cases of Logistics Unicorn Flexport and a new competitor formed by two former employees shed light on those risks. Flexport is suing the pair, claiming they stole thousands of documents along with source code to create their own rival startup, Cargo Mate AI. Both startups use technology to automate complex logistics and shipping processes. Flexport believes that cargo ship Yingwei Zhao has…
Amazon plans to cut approximately 14,000 managers by early 2025, aiming to save between $2.1 billion and $3.6 billion a year. This reduction reduces the number of managers from 105,770 to 91,936, down 13% in Amazon’s global management workforce. The move follows recent layoffs for Amazon’s Communications and Sustainability Unit, which drives the company to streamline operations and rebuild its teams. According to Business Insider Job Cut is part of it CEO Andy Jassy’s strategy to simplify decision-making and speed up the process. Last month, Jassy announced plans to increase the individual contributor ratio by at least 15% by the…
President Donald Trump has threatened to hold Iran responsible for attacks committed by Yemen’s Houthi rebels in escalating his pressure campaign against Tehran’s government. The Republican leader issued a warning to his social media platform Truth Social on Monday, signing the post in his name. “Let’s not be fooled by anyone! Houthi, a sinister Yemen-based gang and thug who are hated by the people of Yemen, all originated and created from Iran,” Trump wrote. “Further attacks and retaliation by “Houthis” will be filled with great force, and there is no guarantee that the power will cease there. ” Houthis is…
Xai, an AI company for Elon Musk, has acquired Hotshot, a startup working on AI-powered video generation tools along Openai’s Sora line. Hotshot CEO and co-founder Aakash Sastry announced the news in an X post on Monday. “For the past two years we’ve built three video foundation models as a small team: Hotshot-XL, Hotshot Act One, Hotshot,” writes Sastry. “Training these models has been able to explore how global education, entertainment, communication and productivity is about to change over the next few years. As part of Xai, we are delighted to continue to expand these efforts with Colossus, the world’s…
Openai will soon begin testing how business customers can connect apps such as Slack and Google Drive to ChatGpt. According to documents viewed by TechCrunch, Openai plans to begin testing a new feature called the ChatGpt connector. ChatGpt Connectors allows subscribers of the ChatGPT team to link their Workspace Google Drive and Slack accounts to ChatGPT, allowing chatbots to answer questions notified from files, presentations, sheets, and Slack conversations on those accounts. Openai plans to extend the ChatGpt connector to other platforms such as Microsoft SharePoint and Box in the future. “This makes it easy to use internal information similar…
Shortly after the IPO submission, Swedish fintech giant Kraruna announced on Monday it would offer purchases now and pay a loan after Walmart. The partnership with Walmart was previously owned by rivals. Klarna offers loans to Walmart customers through OnePay. FintechStartup owns a majority stake and is supported by Ribbit Capital. Klarna will take over offering loans “late this year,” it said in a statement. Shares of San Francisco-based Affirm had fallen 8% by early Monday afternoon, trading just over $46. The two companies have been rivals for years, but the assertions have more focused on the US. It was…
FrontX, the Border Protection Agency, says it crossed the Mediterranean rose last year and crossed an irregular intersection in the EU.At least seven bodies have been recovered from Cyprus after authorities conducted extensive search and rescue operations after capsizing the boat carrying refugees, according to the Cyprus state broadcaster. The unspecified number is believed to have disappeared while two people were rescued from the international waters of about 30 nautical miles (55.5 km) southeast of the island, the station said. Cyprus’ Search and Rescue Coordination Centre said boats and aircraft were deployed as part of the rescue operation without mentioning…
Remember when mobile apps were supposed to kill web software? Or when no-code tools were expected to make developers obsolete? Every few years, a new “SaaS killer” appears—and every time, SaaS just gets stronger. Now, the latest panic is about AI agents and apps replacing SaaS. It all started late last year when Microsoft CEO Satya Nadella made headlines that AI agents will shape SaaS solutions. Nadella ignited a firestorm when he suggested that the very “notion that business applications exist” could “collapse” in the agentic AI era. His comments came during an interview with Bill Gurley and Brad Gerstner…
Pavel Durov, founder and CEO of Messaging App Telegram, no longer needs to stay in France. Sources told AFP that the investigative judge in charge of Durov’s case had accepted a request to change the terms of supervision. “You may have heard of it, but after spending several months in France for investigations related to criminal activity on Telegram, I returned to Dubai,” Doloff wrote on Monday in a message posted to his telegram channel. “The process is ongoing, but being at home feels great.” Doloff was arrested on August 24, 2024 after exiting a private jet at Le Bourge…