Pak Alert Press

Cumberland County bowling alley completes $2.8M decade-long renovation project

wpadministrator — Mon, 06 Jul 2026 21:32:20 +0000

The bowling alley has been in business since 1956.

A bowling alley in Cumberland County has completed a decade-long multi-million-dollar renovation.
Dan Mowery, the owner of the 70-year-old Midway Carlisle, said the renovation has been the hardest and most meaningful work of his professional life.
He… [2741 chars]

Source: Mechanicsburg Patriot News | Published: 2026-07-06T21:32:20Z

Credit: Mechanicsburg Patriot News

Microsoft cuts 4,800 jobs, including many at Xbox

wpadministrator — Mon, 06 Jul 2026 21:29:59 +0000

Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.

REDMOND, Wash. — Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.
The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganizatio… [1715 chars]

Source: Chicago Tribune | Published: 2026-07-06T21:29:59Z

Credit: Chicago Tribune

Power outages from storms force Carroll County businesses to close

wpadministrator — Mon, 06 Jul 2026 21:13:40 +0000

Several Sykesville, Maryland, business owners had to close shop early Monday or remain closed due to a lack of power from the weekend’s storms.

Several Sykesville, Maryland, business owners had to close shop early Monday or remain closed due to a lack of power from the weekend’s storms.
Crews have been working around the clock to restore power for tens of thousands of Marylanders across the … [2515 chars]

Source: CBS News | Published: 2026-07-06T21:13:40Z

Credit: CBS News

Microsoft cuts 4,800 jobs as it navigates AI revolution

wpadministrator — Mon, 06 Jul 2026 20:35:08 +0000

Microsoft is pivoting its business model to adapt to the growing presence of AI by cutting 4,800 jobs and restructuring Xbox’s organizational structure.

Coleman said that AI isn’t replacing the workers who are being laid off but it is changing the workflow and automating some work.
More tech companies are cutting headcounts to free up billions of dollars to buy expensive AI chips and build massive da… [1202 chars]

Source: Washington Examiner | Published: 2026-07-06T20:35:08Z

Credit: Washington Examiner

Vertex to buy Crinetics for $10 billion to expand rare-disease business

wpadministrator — Mon, 06 Jul 2026 20:10:59 +0000

Vertex Pharmaceuticals will buy Crinetics Pharmaceuticals for a total equity value of about $10 billion, the companies ‌said on Monday.

Shares of Crinetics more than doubled in extended trading, while those of Vertex were marginally down.
Sign up here.
The acquisition gives Vertex access to Palsonify, which was ⁠approved by the U.S. Food and Drug Administration in September 2025 t… [791 chars]

Source: Reuters | Published: 2026-07-06T20:10:59Z

Credit: Reuters

Arlington hardware store to close its doors after 78 years in business

wpadministrator — Mon, 06 Jul 2026 20:08:02 +0000

After 78 years in business, Ayers Variety and Hardware in Arlington’s Westover Village neighborhood is closing its doors for good at the end of this month.

It’s the end of an era in Arlington, Virginia. After 78 years in business, Ayers Variety and Hardware in Westover Village is closing its doors for good at the end of this month.
“Our lease is expiring. My brother and I are aging out, and our children… [2366 chars]

Source: WTOP | Published: 2026-07-06T20:08:02Z

Credit: WTOP

We’re still doing this, I guess.

wpadministrator — Mon, 06 Jul 2026 19:58:27 +0000

The gen AI psyop known as Tilly Norwood is reportedly going to be in a movie produced by Particle 6. Put more plainly: the company that created Tilly Norwood in the first place is making an elaborate commercial about one of its products.
[Link: AI actor Tilly Norwood to star in first movie | https://www.latimes.com/entertainment-arts/business/story/2026-07-06/ai-actor-tilly-norwood-movie-hollywood-ai | Los Angeles Times]

C
External Link
We’re still doing this, I guess.
The gen AI psyop known as Tilly Norwood is reportedly going to be in a movie produced by Particle 6. Put more plainly: the company that created Tilly Norwood in the first place is making an elaborate c… [540 chars]

Source: The Verge | Published: 2026-07-06T19:58:27Z

Credit: The Verge

SoFi Small Business Loans & Composer: Key Facts

wpadministrator — Mon, 06 Jul 2026 19:36:59 +0000

SoFi launched direct small business loans up to $250,000 and AI investing tool Composer in 2026 — here’s what the terms and tradeoffs really mean.

SoFi Technologies has launched two new products aimed at small business owners and retail investors, adding a direct lending option and an AI-assisted investing tool as the fintech company looks to deepen its role across more areas of customers’ fina… [9993 chars]

Source: Business 2 Community | Published: 2026-07-06T19:36:59Z

Credit: Business 2 Community

The AI Gold Rush Has an Adopt, Defend, Govern Problem

wpadministrator — Mon, 06 Jul 2026 19:34:13 +0000

For the past two years, the corporate race has been defined by adoption. Boards wanted AI strategies. CEOs wanted productivity gains. Business units wanted pilots.

Every technology boom has a moment when enthusiasm outruns institutional memory. In the first phase, companies chase speed. In the second, they discover that speed has created a control problem. Artificial intelligence has reached that second phase.
… [5321 chars]

Source: International Business Times | Published: 2026-07-06T19:34:13Z

Credit: International Business Times

Xbox cuts 3,200 jobs as gaming business struggles

wpadministrator — Mon, 06 Jul 2026 19:15:02 +0000

As Microsoft continues to invest majorly into AI, it’s gaming division, Xbox, is making major cuts to its workforce and selling several of its studios.

Xbox is hitting the reset button.
Microsoft’s video game division plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a sweeping reorganization to revive the company’s lagging games division.
The cuts are driven b… [2809 chars]

Source: NewsBreak | Published: 2026-07-06T19:15:02Z

Credit: NewsBreak