Archive: 2026/06
Oracle cuts 21,000 jobs as AI reshapes workforce
Oracle Corp. cut 21,000 jobs in fiscal 2026, a 13% workforce reduction driven by AI adoption and automation in its cloud services.
Kenya Saccos face Sh660m loss after KUSCCO insurer collapse
Kenyan Saccos face KSh660m losses after KUSCCO-linked insurer collapses. Sheria & LSK Saccos hit hard. Govt allows 10-year loss provisioning amid KSh6bn fraud probe.
Uber Unveils Global Robotaxi Plan with Lucid, Nuro at CES 2026
Uber unveils production-intent robotaxis with Lucid and Nuro at CES 2026, alongside major deals with NVIDIA and Rivian for global Level 4 autonomous fleets by 2028.
South Africa's ITHUBA Gets Surprise 12-Month Lottery License Extension
Parks Tau grants ITHUBA a surprise 12-month lottery license extension, blocking Sizekhaya's takeover. Chaos ensues for retailers as plans shift overnight.