Business

(Reuters) — Google is laying off hundreds of employees in its advertising sales team, the Alphabet-owned company said on Tuesday, marking the latest cuts at the search giant. The move adds to signs that job cuts will continue this year, as companies look to adopt artificial intelligence software an…

LONDON (Reuters) — Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets. The British company will invest $1.5 billion in customer-focused AI d…

HONG KONG/NEW YORK (Reuters) — Shein is seeking Beijing’s nod to go public in the U.S., two sources with knowledge of the matter said, highlighting the limits of the fashion company’s efforts to present itself as global rather than a Chinese company. The move could further complicate Sh…

NEW YORK (Reuters) — U.S. parcel delivery giant FedEx Corp said that it hasn’t seen much of a shift to air freight due to disruptions in the Red Sea that have tacked on nearly two weeks to shipping transit times.    “Shipping over the ocean makes up 90% of global commerce so even a smal…

(Reuters) — Walt Disney’s Pixar Animation Studios is set to cut jobs as the studio has completed production on some shows and now has more staff than it needs, a source familiar with the situation told Reuters on Thursday. TechCrunch reported earlier that Pixar was set to undergo layoffs as h…

BOSTON (Reuters) — EBay has agreed to pay $3 million to resolve a U.S. criminal probe into a campaign by several of its employees to stalk and harass a Massachusetts couple whose online newsletter was viewed as critical of the e-commerce company. Federal prosecutors in Boston said on Thursday that …