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Associated Press Plans India Hub, More Layoffs Expected

Associated Press plans to establish a new production hub in India. Executive Editor Julie Pace confirmed this move will likely lead to additional layoffs. The hub aims to scale both video and photo capabilities globally. This initiative is set to impact current U.S.-based production staff. AP previously laid off 20 U.S. journalists and offered buyouts earlier this year.

https://www.thewrap.com/media-platforms/journalism/ap-defends-layoffs-india-production-hub/


It's over for Nokia in USA market - Musk to buy T-Mobile

It's over for Nokia. Elon is planning to buy T-mobile. There goes Nokia's ONLY major customer in USA. Elon going to buy T-mobile and sell Starlink.

https://www.zerohedge.com/technology/musks-starlink-plots-become-mobile-carrier-td-cowen-sees-possible-t-mobile-buyout


Exxon’s Top US Gas Trader to Join Expand as Exits Hit Oil Gian

https://www.bloomberg.com/news/articles/2026-06-26/exxon-s-top-us-gas-trader-to-join-expand-as-exits-hit-oil-giant?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4MjUwMDAxOSwiZXhwIjoxNzgzMTA0ODE5LCJhcnRpY2xlSWQiOiJUR1M3M01LSkg2VjQwMCIsImJjb25uZWN0SWQiOiI2MjMxN0M4NTg0RDE0OEZFODM2NEE2M0Q5QkFBMTU3OCJ9._OCGug4MNVOXOBtcdW62UbrdaZ78aG1wIZnGnoDa6gw&leadSource=uverify%20wall