(Reuters) -Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts…
Category: Business
Visa defeats lawsuit over ‘card draining’ Vanilla gift card scam
By Jonathan Stempel NEW YORK (Reuters) -Visa defeated a proposed class action lawsuit on Monday by consumers who accused the…
Circle surges as US Senate clears path for stablecoin regulation
By Manya Saini (Reuters) -Shares of Circle Internet jumped 16% in morning trading on Wednesday after the U.S. Senate approved…
Trump Media seeks SEC approval for bitcoin and ethereum ETF
By Suzanne McGee and Manya Saini (Reuters) -Trump Media & Technology Group is seeking to launch an exchange-traded fund that…
BetMGM boosts annual forecast on iGaming, online growth
(Reuters) -Ladbrokes owner Entain said on Monday BetMGM, its U.S. sports-betting joint venture with MGM Resorts, raised its annual revenue…
23andMe’s founder Anne Wojcicki wins bid for bankrupt DNA testing firm
By Siddhi Mahatole and Mariam Sunny (Reuters) -Anne Wojcicki is set to regain control of 23andMe after a $305 million…
AMD turns to AI startups to inform chip, software design
By Max A. Cherney SAN JOSE (Reuters) -Advanced Micro Devices has forged close ties to a batch of artificial intelligence…
OpenAI to continue working with Scale AI after Meta deal
By Supantha Mukherjee PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to…
Google Cloud outage hits platforms including Spotify, Discord
(Reuters) -Multiple platforms including music streaming service Spotify and instant messaging platform Discord were down for tens of thousands of…
Coinbase to launch CFTC-compliant perpetual futures trading in US
(Reuters) -Coinbase plans to launch perpetual futures trading in the United States, with the offering set to comply with regulatory…