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.

Jeff Bezos, Amazon founder and one of the world’s richest men, married Lauren Sánchez this week in Venice, Italy, during a $50 million, three-day celebration that captivated tabloids and tech-watchers alike. With Lady Gaga performing, and a guest list including Oprah Winfrey, Leonardo DiCaprio, and Kim Kardashian, the wedding blended luxury, spectacle, and star power in true billionaire fashion.

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.

Danish aerospace innovator GomSpace has secured a €19.5 million contract to develop a next-generation satellite network in Europe. The deal solidifies GomSpace’s reputation as a leader in small satellite (smallsat) technology and reflects growing demand for low-Earth orbit (LEO) constellations to power the future of connectivity, Earth observation, and defense systems.

Tata Communications has officially launched a ₹850/month broadband plan in India, bundling 100 Mbps speed, unlimited data, free OTT subscriptions, and live TV channels. The offering directly challenges incumbents JioFiber and Airtel Xstream, signaling Tata’s serious push into India’s fast-growing home internet space.