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Amazon to Cut 14,000 White-Collar Jobs
The company is looking to slash costs by “reducing bureaucracy, removing layers, and shifting resources” as it continues to spend aggressively on artificial intelligence....

Labor Economy Workers Make Digital Wallets Their Banks
The Labor Economy is a group of about 60 million essential workers who keep the service and supply systems in the United States moving. Most earn $25 an hour or less, and together they acco...

Amazon Braces for Major Cuts to Its White Collar Work Force
The company is looking to cut costs starting this week as it continues to spend aggressively on artificial intelligence. Another round of cuts is expected in January....

US Rep Pushes To Ban Crypto Trading For Presidents and Congress Members
US Representative Ro Khanna is expected to introduce a resolution today that would stop the President, his family members, and members of Congress from trading crypto or stocks and accepting foreign f...

Qualcomm Unveils New Line of Chips to Join the A.I. Boom
Qualcomm, which is known for its chips in smartphones, also announced a deal with Humain, a Saudi-backed A.I. company. The news sent Qualcomm’s share price soaring....

Guidewire to Integrate One Inc’s Digital Payments Solution for Insurers in Canada
Canadian property and casualty insurers using the Guidewire platform will be able to add One Inc’s embedded digital payments solution, ClaimsPay, next year. ClaimsPay will be added to the...

MiniMax-M2 is the new king of open source LLMs (especially for agentic tool calling)
Watch out, DeepSeek and Qwen! There's a new king of open source large language models (LLMs), especially when it comes to something enterprises are increasingly valuing: agentic tool use — that is, ...

Visa Teams With Alacriti as Instant Payment Use Grows
Payments firm Alacriti has launched an integration with Visa’s real-time money movement platform Visa Direct. This new integration, announced last week, melds Visa Direct with Alac...

Experian Acquires KYC360 to Boost KYC and KYB Capabilities
Global data and technology company Experian has acquired regulatory technology provider KYC360 in the United Kingdom and Ireland. KYC360’s customer lifecycle management solutions, which s...

Qualcomm Enters AI Chip Market as Rival to Nvidia and AMD
Qualcomm announced Monday (Oct. 27) a new line of processors designed to power artificial intelligence inside data centers, signaling a major expansion beyond its traditional mobile-chip business. The...