Article
AI Strikes Again - Getty Images Heads For Chapter 11 Bankruptcy
AI Strikes Again - Getty Images Heads For Chapter 11 Bankruptcy
Getty Images' photo, video, and illustration licensing business to news outlets, advertisers, and businesses faces a quick death from AI.
Chatbots let users create visual content at a fraction of the cost of licensing, and Getty shares have collapsed since ChatGPT's launch in late 2022, coinciding with a surge in AI news coverage and the growing adoption of chatbots for professional and personal use.
And now, Bloomberg reports that Getty plans to file for a prepackaged Chapter 11 restructuring in the coming...
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Jul 14, 2026 / Dave DeCamp
Majority of Iranian MPs Say Trump’s ‘Termination’ of MoU Shows Talks With US Won’t Solve Problems
The majority of members of Iran’s parliament have issued a statement saying that President Trump’s “termination” of the US-Iran Memorandum of Understanding shows that Iran’s problems with the US cannot be solved through negotiations. The statement, signed by 180 of the 290 members of the Islamic Consultative Assembly, called for action to be taken in […]
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Aug 6, 2026 / Tyler Durden
US Immigration Agency Asks Public To Report Fraud, Anti-Government Activities
US Immigration Agency Asks Public To Report Fraud, Anti-Government Activities
Authored by Jack Phillips via The Epoch Times,
The federal agency that processes green cards, U.S. citizenship requests, and work permits this week called on people to report potential cases of immigration fraud through a newly created portal.
In an Aug. 4 post on X, U.S. Citizenship and Immigration Services (USCIS) wrote that anyone who suspects “immigration fraud, criminal activity, or actions by aliens that threaten national security or public safety” can report it to the agency, a branch of the Department...
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Oct 26, 2026 / Tyler Durden
60,000 Microsoft Workers Offered Buyouts As AI Spending Boom Reshapes Workforce
60,000 Microsoft Workers Offered Buyouts As AI Spending Boom Reshapes Workforce
Job cuts and downsizing announcements across corporate America have gained momentum, a trend we featured in a report last week titled "Tech Layoffs Surge As Corporate America's AI Blitz Raises Fears The Worst Is Yet To Come."
Days later, Bloomberg reports that Microsoft will offer voluntary buyouts to about 60,000 employees while spending heavily on artificial intelligence and data center expansion.
NEARLY 1 OUT OF 3 (60,000 EMPLOYEES) AT MICROSOFT BEING OFFERED VOLUNTARY TERMINATION Emails should be going out any minute to...
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