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 POTUS demanded tech giants cover data center power costs as US consumption surged, with Microsoft first to make changes this week....
Generous annual bonuses help elite law firms attract and retain talent. xavierarnau/Getty Images Top US law firms shelled out six-figure bonuses to associates in 2025. The generous end-of-year payouts...
Andreas Halvorsen runs $55 billion Viking Global. Scott Olson/Getty Images Stuart Brown is stepping down as head of trading at $55 billion hedge fund Viking Global. Brown has worked at the hedge fund ...
📋 Key Facts ✓ Institutions are gobbling up Solana for their balance sheets. ✓ These holdings represent top publicly traded treasuries. ...
Brevan Howard is now run by CEO Aron Landry, who succeeded the firm's billionaire founder, Alan Howard. Brevan Howard Brevan Howard returned 8% and 0.8% in its two largest funds for 2025, a person clo...
Lawyers awarded hefty December payouts in battle to hire and retain high performers...
📋 Key Facts ✓ Private credit firms are piling into consumer debt. ✓ Risk-taking is mounting in these financial activities. ...
📋 Key Facts ✓ The Federal Reserve is seeking public feedback on a new payment account. ✓ This account could provide easier access to th...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
Tel Aviv skyline. Elisa Schu/picture alliance via Getty Images Staff at multinational tech firms in Israel are increasingly seeking to relocate abroad, a new report says. The report found 53% of firms...
COVID flipped workplace power toward employees as remote work became the norm. Today, with Europe's industrial slowdown and AI automation, workers are growing increasingly wary of switching jobs....
DFSA’s new company-led suitability model and AML expectations would make it difficult for licensed firms to justify supporting privacy-focused assets....
University of Glasgow researcher says trend raises transparency concerns for investors...
The US president demanded that defence contractors cap their executives' pay until new production plants are built....
So-called continuation vehicles set to account for a fifth of sales by the sector in 2025...
ANGELA WEISS / AFP via Getty Images Chris Rokos' eponymous fund was up 21%, a person close to the fund told Business Insider. The manager is one of several big-name macro firms that had a strong 2025....
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...
Mainland chip designer GigaDevice Semiconductor jumped more than 45 per cent on its first trading day in Hong Kong on Tuesday, as the Beijing-based firm’s debut catered to investor appetite for tech c...
President Donald Trump has urged top oil executives to invest in Venezuela's oil industry following the capture of Nicolas Maduro by US forces. However, his push has been met with caution, as the cond...