Coinbase's layoffs will cost between US$50 million and US$60 million to complete by Q2.
Coinbase to cut 700 jobs, citing volatility and AI
The lawsuit was filed by shareholder Peter Landsheft in US federal court in 2024.
Apple to pay $250m to settle Siri AI lawsuit
Dogecoin may not be finished with its multi-year compression phase if a new XRP fractal chart from analyst Charting Guy continues to track. The setup suggests DOGE’s next decisive run toward a prior-cycle high could arrive around mid-2028, with the chart mapping a prolonged base before any attempt at a breakout. Charting Guy shared the updated DOGE/XRP fractal on May 4, writing sim
Dogecoin’s XRP Fractal Just Put A Date On The Next ATH Run: Analyst
Medical AI scribe startups see growing opportunity in SEA, even as the path narrows. Plus, Grab’s latest financials are pleasing investors.
AI scribe startups’ tricky path in SEA
It seems consumers expected an AI-powered version of Siri to do amazing things that it still, to this day, cannot do.
Apple Settles Alleged False Advertising Suit Over AI-Powered Siri
AI now writes more than half of Freshworks' code, driving its restructuring efforts.
Freshworks to cut 500 jobs in AI-led restructuring
Need to get up to speed with SEA’s M&A scene? This one’s for you.
A cheat sheet of M&As in Southeast Asia
Intel agreed to buy back its Fab 34 plant in Ireland for US$14.2 billion.
Intel shares rise 13% on Apple chip talks
Google Cloud revenue rose 63% in Q1, its fastest growth since 2020 reporting began.
Alphabet closes in on Nvidia as AI bets lift shares
Hon Hai assembles servers using Nvidia accelerators amid strong AI hardware demand.
Hon Hai April revenue jumps 29.7% on AI demand
Venmo payment volume increased 14% in the quarter despite rising competition from rivals.
PayPal targets $1.5b in savings with job cuts
OpenAI’s president wrapped his testimony on Tuesday by revealing a fiery meeting with Musk and subsequent efforts to remove several board members.
‘I Actually Thought He Was Going to Hit Me,’ OpenAI’s Greg Brockman Says of Elon Musk
Strategy, the world’s largest publicly traded Bitcoin (BTC) holder, released its first-quarter (Q1) financial results on Tuesday, and the headline number was stark: more than $12 billion in losses. Strategy Q1 Financial Snapshot In its report, the company said its operating loss for Q1 2026 totaled $14.47 billion, compared with $5.92 billion in Q1 2025. Strategy also broke out the
Strategy Reports Q1 Results: Over $12 Billion In Red Ink—Here Are The Key Figures
Google Chrome users who have noticed unusual disk activity or unexplained drops in available storage should look for a folder called "OptGuideOnDeviceModel" inside their Chrome directory. It holds roughly 4GB of weights for Google's Gemini Nano LLM, downloaded by the browser without user consent.Read Entire Article