BitGo cuts 15% of its workforce to prioritize AI, stablecoins, and trading as crypto firms continue widespread cost-cutting efforts
Browsing: Business
Former Meta executive Sarah Wynn-Williams sues Meta, challenging a gag order over her memoir Careless People and free speech rights.
Apple raises Mac and iPad prices worldwide as AI-driven memory shortages push component costs higher, signaling broader tech supply strain.
Micron surpassed Meta in market value after strong AI-driven forecasts and $22 billion in customer commitments boosted investor confidence.
Anthropic accuses Alibaba of a massive AI distillation attack, alleging unauthorized extraction of Claude’s capabilities to train AI models
JPMorgan Chase will lay off 244 employees as it closes a Texas call center while reshuffling leadership under CEO Jamie Dimon.
Walmart will lay off 306 Silicon Valley employees in August as it restructures technology teams to streamline operations and boost efficiency
Dell surpasses Ellison as the world’s fifth richest person, fueled by Dell Technologies’ AI-driven stock surge and booming server demand.
Indian American industry pioneer has built and scaled enterprise automation across Fortune 100 organizations.
The vote is “truly a wake-up call for Novavax’s leadership” and “shareholders are clearly infuriated,” the activist investor says.
Elon Musk loses trillionaire status after SpaceX stock slump cuts his net worth, though he remains the world’s richest person.
OpenAI launches Jalapeño, its first custom AI chip built with Broadcom, aiming to boost efficiency and reduce reliance on Nvidia hardware.
ByteDance seeks a record $20 billion offshore loan to accelerate AI expansion, data center investments and global technology competition.
An analysis of SpaceX’s record IPO, political influence, debt strategy, and why retail investors may face the biggest risks.
Slash employee accidentally spent $81,000 in AI credits while building a viral game, exposing the hidden costs of AI-powered coding.
Indian American entrepreneur to help advance transportation efficiency, mobility, and economic growth across Georgia.
Microsoft and Chevron partner on a major natural gas-powered data center project to meet rising AI energy demands across the U.S.
Stanford study finds AI hiring tools may disproportionately reject Black and Asian applicants, raising concerns about bias in recruitment.
Ethereum Foundation cuts 20% of staff and restructures operations as leadership departures raise questions about governance and strategy.
Workday faces a landmark lawsuit alleging AI hiring bias, with claims of disability discrimination, violations of California employment law.
Nasdaq 100 faces a $1 trillion wipeout as tech stocks tumble, SpaceX valuation slips, and AI spending concerns grow.
Lucid cuts 18% of its workforce, eliminates COO role, and trims production as EV demand slows and costs rise
OpenAI takes center stage at Cannes Lions 2026 as AI reshapes advertising, media strategies, and competition with Meta and Google.
Apple closes three U.S. retail stores, including its unionized Maryland location, citing struggling malls, changing consumer shopping habits.
SpaceX shares decline after a record IPO, reflecting a common mega-IPO trend amid valuation concerns and heavy AI investments.