The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re…
Trump’s explosive foray into crypto faces a blistering Senate probe targeting token profiteering, foreign deals, and alleged presidential pay-to-play schemes that could shatter ethical boundaries. Trump Crypto Empire Dragged Into Probe Over Elite Access and Foreign Cash U.S. Senator Richard Blumenthal (D-CT), Ranking Member of the U.S. Senate Permanent Subcommittee on Investigations, announced on May…
The US Federal Reserve has remained true to its recent monetary policy by maintaining the key interest rates at the same levels of 4.25% to 4.5%. Bitcoin’s price slipped by around a grand immediately after the announcement went live, but the impact is expected to be minimal in the following days. Today’s FOMC meeting didn’t…
The galaxy far, far away just watched a massacre on Andor. But did it understand what it saw — and will viewers in our galaxy? Andor season 2, episode 8, ‘Who Are You?’ isn’t just the darkest moment in the show; it may be the darkest moment the Star Wars franchise has ever seen. Stormtroopers…
While the nationwide launch of the iris-scanning activities of World in the Philippines was recently announced, the initiative and the blockchain project’s digital identity platform, World ID, have been temporarily suspended in its Southeast Asian neighboring country, Indonesia. The suspension was announced by Indonesia’s Ministry of Communication and Digital, locally known as Kementerian Komunikasi dan…
Robinhood Markets Inc. is building a blockchain-based platform to allow European investors to trade tokenized U.S. securities, according to Bloomberg. The initiative will likely involve a partnership with a digital-asset firm, with Arbitrum (ARB) and Solana (SOL) being considered as blockchain infrastructure options, according to Bloomberg reporting. Discussions are ongoing and no agreement has been…
The government of Singapore released a blueprint today for global collaboration on artificial intelligence safety following a meeting of AI researchers from the US, China, and Europe. The document lays out a shared vision for working on AI safety through international cooperation rather than competition. “Singapore is one of the few countries on the planet…
Peter Schiff says the U.S. dollar is about to free fall, insisting the only way to end America’s trade imbalance is to end its reserve currency status. The End of Reserve Currency Status? US Dollar Faces Terminal Decline as Imbalances Surge Economist and gold advocate Peter Schiff issued a sweeping critique of U.S. economic policy…
Key Takeaways The White House has rejected parts of a sovereign wealth fund proposal created by Trump’s advisers. The details of the sovereign wealth fund are still under debate with no final decisions announced yet. Share this article The White House has opposed certain elements of a sovereign wealth fund proposal developed by Treasury Secretary…
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions,…
