AGP Executive Report
Last update: 11 minutes agoAI & Work Cuts: Will.i.am is calling out “inhumane” layoffs tied to AI rollouts, as companies keep flattening teams and shifting budgets toward automation. Enterprise AI Controls: Microsoft is testing new agentic AI guardrails in Edge for Business, letting IT restrict which sites Copilot can act on and adding clearer user visibility. Local Government Finance: Fort Madison, Iowa set public hearings for a franchise fee hike on electricity and natural gas, aiming to raise about $331,800 for the 2026-27 budget. Policy & Compliance: The Philippines’ BIR rolled out rules to make it easier to cancel tax registrations for businesses that have already shut down. Business Climate: UK business activity shrank again in May, with the latest PMI pointing to the Iran-war fallout and domestic uncertainty. Corporate Moves: Hadron hired a new U.S. general counsel from AXA XL and also brought in a new CIO. Tech Funding: Socket raised $60M to boost AI security for software supply chains. Sports Business: The Portland Trail Blazers laid off 70+ business-side employees in a reorg under new owner Tom Dundon. Small Business Spotlight: Vermont’s SBA award event is set for June 11, honoring Rigorous Technology and other category winners.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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Pseudo-journalism: Pink-slime
