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US bank results live: Goldman Sachs and Morgan Stanley to report earnings

Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits...

2dFinancial TimeseconomicsImpact

Business spending on OpenAI models jumps to a record, new data shows

OpenAI CEO Sam Altman Florian Gaertner/Photothek via Getty Images/Reuters OpenAI leads enterprise AI adoption, far outpacing Anthropic and Google, according to new data. Ramp data shows 46.6% of US bu...

2dBusiness InsiderTechnologyImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

3dBusiness InsidereconomicsImpact

How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs

The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....

3dDecryptTechnologyImpact

IMF presses governments to step up support for workers displaced by AI

Analysis finds evidence of the technology hitting wages and employment in certain areas...

3dFinancial TimeseconomicsImpact

SOL chart shows ‘masterpiece’ setup to $190 after key trend turns bullish

Steady ETF inflows, a bullish cup and handle chart pattern and improving sentiment across the total crypto market could propel Solana price to $190....

4dCoinTelegraphcryptocurrency

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

4dThe VergeTechnologyImpact

China, Canada poised to reset trade ties after Trump’s tariffs force rethink

Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...

4dSouth China Morning PostPoliticsImpact

Hong Kong’s Chinese-language newspaper Ming Pao to cease operations in Canada

Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...

4dSouth China Morning Postworld_newsImpact

'One Person Can Perform the Work of 100 People' — Boss of Stellar Blade Developer Says It Needs to Use AI to Compete With Overwhelming Manpower of China and U.S. Studios

Stellar Blade director and CEO of Shift Up Hyung-tae Kim has stated that without the use of AI, developers in smaller nations will struggle to keep up with studios in places like the U.S. and China. A...

4dIGNTechnologyImpact

White House threatens to pull support for crypto bill after Coinbase standoff: Report

Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....

16hCoinTelegraphPoliticsImpact

Hong Kong needs to ask the hard questions about its net-zero challenge

Net-zero commitments are now commonplace across Hong Kong’s property sector. Many major developers have announced targets for 2030 and 2050, often framed around energy efficiency, renewable energy and...

1dSouth China Morning PostenvironmentImpact

Utah Man Gets Three Years for $2.9M Fraud Tied to Crypto Cash Scheme

The sentencing of a Utah man links investor fraud and unlicensed cash-to-crypto activity under the same prosecution....

1dDecryptcrimeImpact

Ukraine targets the ships Russia uses to beat US sanctions on its oil

As Ukraine expands its attacks on Russia's oil and gas, a look at the effectiveness of the strategy...

2dAl JazeeraPoliticsImpact

Apple sits out AI arms race to play kingmaker between Google and OpenAI

Multibillion-dollar deal to secure Gemini models reflects cautious approach to infrastructure spending...

2dFinancial TimesTechnologyImpact

Wall Street hits back at Trump’s plan to limit interest on credit cards

Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...

3dFinancial TimesPoliticsImpact

Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing

Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar wi...

3dSouth China Morning Posteconomics

One thing that might get workers to embrace AI? The 4-day workweek.

Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...

3dBusiness InsiderTechnologyImpact

ETH’s back at $3.2K: Will traders flip the level from resistance to support?

Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000....

4dCoinTelegraphcryptocurrencyImpact

How US sanctions crippled lives of Iranians Trump says he wants to ‘help’

US sanctions have damaged Iran's economy, which was the reason the protests broke out in the first place....

4dAl JazeeraPoliticsImpact
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