GigCapital7(GIG.US)

Gig Work Startup CEO Predicts These Jobs Will Survive Automation In 2026

Tim Fung, CEO of Airtasker Ltd., predicts that automation will replace jobs in sectors like ride-hailing, data science, and engineering by 2026. He believes blue-collar jobs, such as construction, will be among the last to be automated. Concerns about job losses due to AI have been raised by figures like Bernie Sanders, who criticized tech leaders for their views on automation and its impact on employment. Meanwhile, Elon Musk's AI startup xAI continues to expand its operations.

ZAWYA-PRESSR: GIG announces retirement of Group CEO, Khaled Saoud Al Hasan

Gulf Insurance Group (GIG) announced the retirement of Group CEO Khaled Saoud Al Hasan after 50 years of service. Al Hasan will continue as Vice Chairman and Board Member, providing strategic guidance. Under his leadership, GIG expanded from Kuwait to 12 MENA markets, serving 3.5 million customers. The Board expressed gratitude for his transformative impact on the company and industry. GIG is a leading insurance group in MENA, with strong financial ratings and majority ownership by Fairfax Financial Holdings Limited.

GigCapital7 (NASDAQ:GIG) Posts Quarterly Earnings Results

GigCapital7 (NASDAQ:GIG) reported its quarterly earnings, showing a loss of $0.01 per share. The stock price increased slightly to $10.52, with a market cap of $350.66 million. A hedge fund, Radcliffe Capital Management, acquired 15,684 shares. Weiss Ratings issued a 'sell' rating for the stock. GigCapital7 is a special purpose acquisition company focused on mergers and acquisitions.

GigCapital7 | 10-Q: FY2025 Q3 Revenue: USD 0

Hadron Energy Advances its Regulatory Readiness Ahead of $1.2Bn Merger | GIG Stock News

Hadron Energy is advancing its regulatory readiness ahead of a $1.2 billion merger with GigCapital7 Corp. The company is proactively engaging with the U.S. Nuclear Regulatory Commission (NRC) to streamline the commercialization of its micro modular reactor (MMR) technology. Hadron has submitted a Regulatory Engagement Plan and continues to meet corporate deadlines while collaborating with the Department of Energy. The merger aims to position Hadron as a key player in revitalizing the U.S. nuclear industry, focusing on energy independence and innovative nuclear solutions.