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President Serdar Berdimuhamedov has signed legislative amendments affecting Turkmenistan’s Labor Code as well as the country’s laws governing hunting and the protection of wildlife. According to the newspaper “Turkmenistan,” the newly adopted laws come into effect on the day of their official publication.
One of the changes concerns Article 44 of the 2021 Law “On Hunting and Protection of Hunting Resources,” which has been revised.
The amendments to the Labor Code clarify regulations on working hours under a shift-based schedule. The standard duration of work is determined according to the production calendar. Under a six-day workweek, the length of the daily work shift is set equivalent to a seven-hour workday within the 40-hour weekly norm.
The updated provisions also require employers to pay compensation to the family of an employee who dies as a result of a workplace accident or occupational illness. The one-time payment must equal ten times the amount of the worker’s actual annual earnings.
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Tech Giant Amazon Negotiates Landmark $7 Billion Acquisition of AI Startup Decart
Today in 11:31Amazon is reportedly in advanced talks to acquire the Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to The Wall Street Journal. Founded in 2023, Decart specializes in software that seamlessly bridges various AI processors and develops generative 3D world models such as "Lucy" and "Oasis." The startup had previously reached a $4 billion valuation earlier this year after raising over $400 million from major venture funds.
The strategic acquisition is poised to boost Amazon’s AWS cloud computing division, enhancing its proprietary Trainium3 AI chips to better compete against market leader Nvidia in generative AI hardware infrastructure.
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