Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency gains’ over time. ‘We will need…
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil…
Solana is currently in a retracement that unwound most of its late-May upside. After a monthly high of $179.68 on May 22, spot prices lost traction and declined…
China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The…
Nintendo Co.’s stock surged to an all-time high on Wednesday, lifted by strong early sales of its next-generation Switch 2 console and investor optimism about future earnings. The…
Peloton Interactive Inc (NASDAQ: PTON) has secured financing and cut costs over the past year or so to dilute concerns of bankruptcy, but its stock remains far from…
President Donald Trump’s business organization has announced the creation of a new wireless phone service that will carry the president’s name. Trump Mobile, as the service will be…
Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not launch any new products in the…
Asian markets traded mixed on Tuesday as the geopolitical uncertainties around the Israel-Iran war deepened with the events around the Group of Seven summit. While the rating agencies maintained…