Santa Monica in the news as city weighs AI job impacts amid tech downsizing chatter and big local-energy headlines. Population: coastal L.A. suburb; part of LA County, known for beaches and business hubs.
A California civil jury has found Bill Cosby liable for sexually assaulting Donna Motsinger in 1972, awarding her $19.25 million. The case follows years of allegations, with Cosby’s previous criminal conviction overturned in 2021. The verdict emphasizes accountability for past misconduct.
Snap has announced it is cutting 1,000 jobs, representing 16% of its workforce, citing rapid AI development. The company aims to reduce costs by over $500 million and improve profitability, with layoffs affecting mainly North American staff. The move follows similar layoffs across the tech sector driven by AI integration.
Broadway productions and new releases are reporting recouped capitalization costs across multiple shows, including a Rogers-influenced revival and a Darin-led musical. Box office trends show strong performance for the latest revivals and upcoming wide releases, with touring plans for next year.