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. ...
📋 Key Facts ✓ ETHZilla liquidated $74.5 million in Ether. ✓ The liquidation was to redeem convertible debt. ✓ T...
📋 Key Facts ✓ Northern Data, backed by Tether, sold its bitcoin mining arm to companies run by Tether executives. ✓ The sale happened j...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
AI could expand white-collar work by making complex tasks cheap enough to attempt, Box CEO Aaron Levie says. Justin Sullivan/Getty Images Box CEO Aaron Levie says AI will increase, not reduce, white-c...
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Trump administration signals support for proposal to divvy up sanctioned Russian company’s international businesses...
Nvidia founder and CEO Jensen Huang is the face of the company supplying chips to many of the companies in the AI arms race. Woohae Cho/Getty Images If you've heard about AI, you're probably familiar ...
Speaking with FRANCE 24's Mark Owen, James J. Townsend Jr, Senior Advisor at the Atlantic Council, says that the presence of US envoys Steve Witkoff and Jared Kushner at the Ukraine peace talks in Par...
The company’s energy operations will become “100% North American” following the sale of the Paraguayan site....
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
A Grok investor said he's "deeply concerned" about the "speculative" data center market. Myung J. Chun / Los Angeles Times via Getty Images A Groq investor said he's "deeply concer...
Mehdi Paryavi, CEO of the International Data Center Authority, says overusing AI may make workers look more productive while quietly eroding the confidence and thinking skills their careers depend on....
Shlomo Kramer runs cybersecurity company Cato Networks. Shlomo Kramer Cato Networks CEO Shlomo Kramer says we're experiencing an AI bubble. Kramer said the level of investment and AI-driven profit imp...
Shanghai-based AgiBot topped global humanoid robot shipments in 2025, with nearly a 38 per cent share, as China’s robotics firms dominated the market, leaving in the dust major US players like Elon Mu...
The purchase lifts the company’s total Bitcoin holdings to 672,497 BTC and ranks among its smaller acquisitions this year compared with earlier multibillion-dollar buys....
The former CFTC commissioner and Donald Trump’s first pick to chair the agency will join investment company SUI Group's board and support the company’s treasury strategy....
A rendering of Walmart's new corporate campus in Bentonville, Arkansas. Walmart Walmart is investing big bucks in its tech workforce as it looks to beef up its e-commerce business. A software engineer...
Hong Kong’s momentum as an initial public offering (IPO) venue is set to hurtle onwards in 2026 after funds raised from share sales more than tripled in 2025, placing the city’s exchange atop the glob...
The reiteration of the payment company‘s plans not to pursue a public offering followed a $500 million fundraise in November, leading to a $40 billion valuation for Ripple....