AI Behind Over 50,000 Layoffs in 2025 at Top Tech Firms
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
Dec 21CNBCTechnology
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
The Hong Kong Monetary Authority (HKMA) expects to work with other financial regulators to promote artificial intelligence adoption in various sectors over the next five years and further advance fint...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US. REBECCA COOK/Reuters GM says it will take a $6 billion hit tied to scaling back its EV strat...
More Chinese travellers are pivoting from mass-market sightseeing to bespoke adventures to ring in the new year, fuelling a surge in demand for pet-friendly itineraries and winter excursions as servic...
The company will keep its Bitcoin holdings but stopped accumulating BTC as it shifts capital toward scaling its consumer health brand....
As 2025 draws to a close, Wall Street’s love affair with Chinese equities is in full swing. While the relationship between global investors and China has been a rocky one, market sentiment is now abou...
Brazil is preparing to waive visa requirements for Chinese citizens travelling for tourism and business, local media reported on Wednesday citing government sources, in a move that would mark a signif...
C.J. Mahoney, Meta's new chief legal officer and a former Trump administration official. Tom Williams/CQ-Roll Call, Inc via Getty Images Meta hired C.J. Mahoney, a former Trump administration official...
📋 Key Facts ✓ Biggest corporate crypto treasury bets of 2025 focus on Bitcoin holdings ✓ These plays reveal the spread of MicroStrategy...
📋 Key Facts ✓ JPMorgan is exploring crypto trading for institutional clients ✓ The move represents a significant deepening of ties to t...
Meta says its $800 glasses are selling out quickly. Meta Meta says there's high demand for its Ray-Ban Display glasses, with waitlists extending into 2026. Meta said Tuesday that it's pausing on a wid...
📋 Key Facts ✓ 60% of Five Below's products are sourced from China, impacted by tariffs. ✓ Company stock rose 85% year-to-date as of...
Crypto majors are mostly flat ahead of today’s supreme court opinion on the trump tariffs; btc +1% at $90,300; eth 13% at $3,090, sol +3% at $138; xrp +1% to $2.10. Polygon (+11%), zec (+11%) and syru...
Juan Barreto/AFP via Getty Images; Mateusz Slodkowski; Alyssa Powell/BI It certainly looks like an insider may have cashed in big by betting on Venezuelan President Nicolás Maduro's American-orchestra...
Warner Bros. Discovery CEO David Zaslav turned "HBO Max" into "Max. Now he's saying goodbye to the new name and hello to the old one. Kevin Dietsch/Getty Images Warner Bros. Discovery spur...
📋 Key Facts ✓ JPMorgan Chase is considering spot bitcoin trading and derivatives for institutional clients. ✓ Discussions are prelimina...
Box CEO Aaron Levie says that as AI makes expert knowledge universal, companies will win or lose based on how well they manage and deploy context. Justin Sullivan/Getty Images Box CEO Aaron Levie says...
Bruce Springsteen, Beyoncé, and Taylor Swift are all billionaires. Al Pereira/WireImage; Edward Berthelot/Andreas Rentz/Getty Images Beyoncé's net worth has officially reached $1 billion, according to...
Collectible cups, keychains, and tote bags are the new normal at fast food restaurants. Ploy Phutpheng/SOPA Images/LightRocket via Getty Images Collectable cups, keychains, and tote bags are the lates...
Tesla CEO Elon Musk ODD ANDERSEN/AFP via Getty Images Elon Musk appears to be feeling the joy this holiday season. The Tesla CEO posted to X that he's making an edit to the company's "mission word...