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Waymo expands coverage in Austin, Texas, as robotaxi competition heats up
Waymo, which has over 100 vehicles on the Uber platform in Austin, will now cover new neighborhoods such as Crestview, Windsor Park, Sunset Valley and Franklin Park, the company said.After cautiously expanding its self-driving taxi services across the U.S. for years, Waymo is now largely seen as the frontrunn …. Read More >>

Exclusive-Amazon’s AWS cloud computing unit cuts at least hundreds of jobs, sources say
SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction.An Amazon spokesperson confirmed it had cut jobs …. Read More >>

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Walmart Mexico’s market value sheds $3 billion after Q2 profit dip
“The company faces a very important challenge: regaining profitability,” analysts at financial group Banorte said.Walmex on Wednesday posted a 10% decrease in net profit, despite sales coming up 8%, as the firm spent more than analysts expected.That pressure came from investments in tech, e-commerce, store op …. Read More >>

OTHER HEADLINES

US SEC, Musk seek more time for billionaire to respond to SEC’s lawsuit
In a filing in federal court in Washington, D.C., the SEC and Musk said they have agreed to give Musk until August 29, 2025, to answer or otherwise respond to the lawsuit. He was due to respond by July 18.The SEC has said Musk’s 11-day delay in disclosing his initial 5% Twitter stake let him to buy more t …. Read More >>

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