Amazon Plans Up to 30,000 Corporate Job Cuts Starting Tuesday
Amazon is preparing its largest corporate layoff to date, set to begin Tuesday and potentially affect up to 30,000 jobs, or roughly 10% of its corporate workforce.
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Amazon is preparing its largest corporate layoff to date, set to begin Tuesday and potentially affect up to 30,000 jobs, or roughly 10% of its corporate workforce.
HSBC Holdings’ pretax profit dropped 14% in the third quarter following a $1.1 billion charge tied to the Bernard Madoff scandal, yet the bank raised its net interest-income forecast to $43 billion for 2025.
President Donald Trump has nominated Mike Selig to become the next chair of the Commodity Futures Trading Commission (CFTC), signaling an imminent shift in crypto regulation and agency leadership.
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Tokyo-based fintech firm JPYC has launched Japan’s first yen-pegged stablecoin, backed by bank deposits and government bonds as the country races into the digital-asset era.
Qualcomm announced a bold push into AI infrastructure with two new chips AI200 and AI250 targeting rack-scale data-center workloads and rivaling leaders like Nvidia and AMD.
Western Union is testing stablecoin-based settlement systems for its global remittance operations, aiming to reduce costs, speed up transfers and leverage recent regulatory clarity.
A lobbying blitz by Binance and its founder Changpeng Zhao preceded the U.S. presidential pardon from Donald Trump, analysts say – highlighting the growing influence of crypto-industry connections in Washington.
AI-alpha is offering sharp research and curated updates on AI engineering and venture capital, positioning itself as a hub for data-driven insights in the tech sector.
More African countries including Ghana, Kenya and Namibia are introducing legal frameworks to regulate cryptocurrencies, aligning with rising adoption and regional innovation.