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May 31, 2026
Groupon Cuts 400 Jobs, Nearly 25% of Workforce, in AI-Native Restructuring
Groupon will cut up to 400 positions — nearly a quarter of its workforce — as part of Project Foundry, a multi-year restructuring to become an AI-native company. The cuts are expected by September 2026. Groupon joins Meta, Snap, and SentinelOne in explicitly framing layoffs as AI-driven transformation.
Apr 29, 2026
Elon Musk Seeks Sam Altman's Removal in High-Stakes OpenAI Court Battle
Elon Musk takes OpenAI's Sam Altman to court, alleging Altman veered OpenAI away from its nonprofit roots. Musk claims theft, aiming to restore the company's original mission. With OpenAI now valued at $852 billion, Musk's legal fight spotlights massive stakes.
Apr 24, 2026
Tesla's Mag 7 Status in Jeopardy: Underperformance and High Valuation
Tesla's high valuation and poor Q1 results have put its Magnificent Seven status in question. Trading at 183 times forward earnings, Tesla grapples with declining vehicle deliveries and energy storage issues. As innovations in robotics and AI take center stage, investors face a risky bet on Tesla's future promises.