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GitLab announces a major restructuring, planning to cut its footprint by up to 30% and streamline its management to adapt to the AI-driven era. The changes include forming 60 smaller R&D teams and leveraging AI for automation, with financial details to be revealed on June 2.
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Chicago Public Schools faces a $732.5 million deficit for 2026-27, prompting cuts to regular classroom teachers and potential increases in class size. Despite budget constraints, CPS plans to enhance special education staffing and maintain support for high-needs schools, though final budgets remain pending.
The U.S. is in talks with Denmark to set up three new military bases in Greenland, aiming to bolster NATO's defense capabilities in the critical GIUK Gap. While the White House has confirmed progress, the details remain under wraps amid rising geopolitical tensions involving Arctic resources and regional influence.
Demi Moore, at Cannes 2026, urged Hollywood to embrace AI constructively, emphasizing its inevitability and the need for management, not resistance. She, alongside industry peers, highlighted AI's potential risks to creativity and industry norms, amid ongoing debates over its role in film.
Federal prosecutors have charged Singapore-based Synergy Marine and its affiliates for their role in the 2024 collapse of Baltimore’s Francis Scott Key Bridge, citing safety violations and falsified records. The incident, linked to improper fuel equipment, caused $5 billion in damages and ongoing disruptions, prompting a costly bridge replacement projected to complete by 2030.
Massive protests erupted across Argentina as citizens demand restoration of public university funding, challenging President Milei's austerity measures. As the disagreement escalates to the Supreme Court, the government insists current budgets supersede previous inflation-indexing laws.
Photonic has secured over $200 million to enhance its Entanglement First architecture, advancing scalable quantum computing over existing fiber networks. The funds will drive commercialization, team expansion, and strategic partnerships, boosting the company's valuation to $2 billion.















