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Media Companies Announce Job Cuts

The Associated Press plans to cut 8% of its workforce through buyouts and layoffs, while Reach is merging staff from the Daily Mirror and OK! magazine. These moves reflect ongoing challenges in the media industry, including declining revenues and shifts in consumer needs.

Google Faces Major Antitrust Challenges

The US Department of Justice is pushing for significant changes to Google's business practices, including the potential sale of its Chrome browser, following a ruling that found the company maintains an illegal monopoly in search services. This could reshape the tech landscape and impact Google's advertising revenue.