Amazon to cut more jobs to focus on AI

Amazon will make another massive cut to its workforce, estimated at 16,000 jobs, arguing that it needs to reduce bureaucracy, eliminate layers to strengthen the organization, and concentrate on artificial intelligence. This reduction in…

TikTok switches to US companies to avoid ban

ByteDance, the company that owns TikTok, decided to cede majority control of its US operations to an American consortium, thus ensuring its continued operation in the country and ending the legal and regulatory conflicts that have dragged…

NYSE to launch tokenized securities platform

The NYSE's plan to trade stocks on the blockchain with instant settlement was described as bullish by industry leaders, including Changpeng Zhao (CZ) from Binance. The executive indicated that a plan of this type strengthens the link…