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Google isn’t kidding around about cost cutting, even slashing its FT subscription

Google is ending its enterprise subscription to the Financial Times, and it’s not the only enterprise media subscription on the chopping block, sources say. The cuts reflect broader cost-reduction efforts at the search giant, even as the company reports strong financial performance. Google has been implementing cost reductions across 2025, including eliminating 35% of managers … Read more

Tron hits 2.5 million active addresses after slashing network fees by 60%

Key Takeaways Tron’s active addresses topped 2.5 million after reducing network fees by 60%. The fee cut is aimed at boosting user adoption and maintaining Tron’s dominance in stablecoin transactions. Share this article The Tron blockchain recorded roughly 2.5 million active addresses over the past 24 hours, giving it a lead over major networks, according … Read more

Elon Musk spent months slashing federal contracts — Now his AI company is celebrating a $200M Pentagon contract and new unit to get government business

Elon Musk’s xAI has signed an important new customer: the U.S. government.  The two-year old AI company—most recently in the news when its chatbot praised Hitler—said in a blog post Monday that it has launched a new division, called “Grok with Government” and signed a contract worth up to $200 million with the Department of … Read more

Slashing public health funding is a national security disaster in the making: Howard Dean

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more

Avalon Labs burns 80M AVL, slashing circulating supply by 44%

Avalon Labs has burned 80 million AVL tokens, permanently removing them from circulation in a move that reduces the circulating supply by roughly 44%. Announced on X on June 9, the tokens, worth an estimated $16 million, were mostly unclaimed airdrop allocations from a March 2024 campaign. Avalon framed the burn as the start of … Read more

Trump order slashing drug prices sows division among House Democrats

President Donald Trump’s executive order aimed at slashing U.S. drug prices has divided Democrats on Capitol Hill, with some cautiously optimistic while others dismissed the move as a bluster. Most Democratic lawmakers who spoke with Fox News Digital about the order noted they had not read into the details, but the reactions were mostly split. … Read more

RFK Jr. defends slashing almost a quarter of all staff at the health department: ‘When we consolidate them, Democrats say they’re eliminating them’

WASHINGTON (AP) — Republicans and Democrats alike on Wednesday questioned the deep staffing cuts, research funding freezes and drastic policy changes that U.S. Health and Human Services Secretary Robert F. Kennedy Jr. has made in a few short months at the helm of the nation’s health department. Kennedy, who was to sit before the Senate’s health committee … Read more

UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities

United Parcel Service made waves earlier this year when it announced a breakup with the world’s largest ecommerce retailer. Amazon, a competitor as well as a customer bringing in over one-tenth of UPS’ revenue, had turned unprofitable for the shipper, and in January of this year, UPS announced plans to slash the volume it delivered … Read more

Hoofprint Biome boosts cow nutrition while slashing methane burps

Sometimes, answering a long-standing problem is a matter of finding a new perspective. Take methane from cows: For years, people have been trying to eliminate the gas from cow burps in an attempt to limit the livestock’s impact on the climate. But they haven’t made a dent. That’s in part because they were looking at … Read more

Wall Street’s biggest Tesla bull just raised the white flag, blaming Elon Musk for slashing his price target nearly by half

Roughly a month ago, Wedbush Securities analyst Dan Ives warned Tesla CEO Elon Musk that patience among his shareholders was “wearing very thin”.  It looked as if it finally snapped, after Wall Street’s most reliable Tesla bull slashed his price target nearly in half, blaming the polarizing CEO for poisoning the well. Moving forward, he … Read more

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