As AI systems grow increasingly dependent on historical data to function accurately, unrecoverable historical data has become a liability that belongs on the C-suite agenda.

Facebook's parent company said it would slash 10% of its workforce, while Microsoft is offering an early retirement scheme. The cuts come as both tech giants make massive investments in AI.

Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets.