Safroadu Yeboah-Amankwah, Intel’s Chief Strategy Officer, is stepping down today, June 30, 2025—just weeks before the company initiates a sweeping 20% global workforce reduction starting July 15. The layoffs are part of a broader restructuring strategy that includes shutting down Intel’s automotive-chip division, a surprising pivot amid growing EV and AI integration.

Oscar-winning actress Charlize Theron made headlines for her blunt critique of Jeff Bezos and Lauren Sánchez’s extravagant $50 million wedding in Venice. Speaking during an Africa-focused outreach event, Theron said, “They suck,” and emphasized that “the world is burning down”, pointing to the stark contrast between lavish celebrity indulgence and global crises.

Veteran actress Kathy Bates is receiving a rare and touching tribute as CBS celebrates her 77th birthday with its first-ever “Birthday Salute” special. Featuring messages from Jason Ritter, Billy Bob Thornton, Melissa McCarthy, and others, the event honors her decades-long legacy—from Misery and Titanic to The Office and her recent role in the new Matlock reboot.

Cate Blanchett once again proved she’s a fashion icon with a message, dazzling onlookers at London’s Serpentine Gallery summer event in a bold, seashell corset ensemble. The look was not just glamorous—it was eco-conscious, sculptural, and symbolic, perfectly aligning with the event’s theme of art, nature, and innovation.

PRO FX Tech, a prominent name in premium audio-visual (AV) distribution in India, launched its initial public offering (IPO) today, June 26, 2025. With a price band of ₹82–₹87 per share, the company aims to raise ₹40.3 crore to fuel its expansion in India’s booming home entertainment and commercial AV sectors.

In a newly released report, Accenture is urging European companies to fast-track AI integration or risk falling behind global competitors. The report highlights that despite strong AI research in Europe, actual enterprise-level adoption remains sluggish, fueling a productivity gap compared to the U.S. and Asia.

The global tech industry’s AI pivot is triggering another wave of mass layoffs in 2025, with companies like Meta, Bumble, Microsoft, Disney, Intel, and others cutting thousands of jobs. While AI is driving innovation and efficiency, it’s also replacing roles, particularly in operations, customer support, marketing, and content moderation.