Seeking Alpha·2025-10-28 11:08Group 1: Amazon Job Cuts - Amazon plans to cut up to 30,000 corporate jobs, representing about 10% of its professional workforce [8] - The layoffs are aimed at reducing expenses and addressing overhiring during the pandemic peak [8] - Affected divisions include human resources, devices and services, and operations [8] Group 2: Social Media Compliance in Australia - Meta, Snap, and TikTok will comply with Australia's social media ban for users under 16, effective December 10 [10] - The law requires platforms to take reasonable steps to block underage users or face fines up to A$49.5 million ($32.5 million) [10] - The platforms previously argued that the ban could push young users to less regulated areas of the internet [11] Group 3: Strategy's Credit Rating - S&P Global Ratings assigned Strategy a junk level 'B-' credit rating, marking the first rating for a bitcoin treasury company [11] - The rating reflects high bitcoin concentration, narrow business focus, weak risk-adjusted capitalization, and low U.S. dollar liquidity [12] - A rating upgrade is unlikely in the next 12 months but could occur if the company improves liquidity and access to capital markets [12]