LinkedIn Cuts 700 Jobs and Closes China App
LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.
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JPMorgan to Pay Frank Founder’s Legal Fees
J.P. Morgan Chase will pay the legal costs of the disgraced founder of the fintech company with whom it is suing.
Google Turns to AI Chat For Search Engine Revamp
Google is using artificial intelligence to massively modernize its Internet search system.
TD Bank Blames Regulatory Uncertainty for Failed First Horizon Acquisition
Canadian TD Bank canceled the planned purchase of the American financial institution First Horizon.
Starbucks Testing Palm Payments
The coffee giant Starbucks has started testing Amazon’s biometric payments solution, enabling customers to get their cup of coffee by scanning their palm
Shopify Cuts 20% of Staff
Shopify announced its intention to lay off more than 2 thousand employees as part of efforts aimed at intensifying activities in the field of e-commerce.
Ex-Uber Security Chief Gets No Prison Time for Hack Cover Up
The former security chief of Uber Technologies Inc. has avoided jail time for concealing information about a large-scale identity theft that occurred in 2016.
Maximizing the Power of Your Financial Power of Attorney
A Financial Power of Attorney (FPOA) is an essential legal document that allows an individual (the principal) to appoint someone they trust (the agent or attorney-in-fact) to manage their financial affairs in the event they become incapacitated or unable to make decisions for themselves.
Coinbase Gives Up On Bitcoin-Backed Loans
Coinbase stopped issuing new Bitcoin-backed loans through its Borrow service, which allowed users to borrow up to $1 million with no credit check The crypto exchange Coinbase informed its customers that starting May 10, 2023, the company terminates its Coinbase Borrow service which allowed US users to receive fiat loans with crypto collateral. The lending feature […]
PacWest Bancorp Reportedly Considers Sale
The media reports that PacWest Bancorp, which is in a difficult situation, is considering selling, breaking up, or increasing its capital.
Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Insurance company expects that with the help of generative artificial intelligence, it will automate and improve its business processes.
Google Adds Passkeys as Option for Accounts
Users of Google accounts have been able to log in without a password.
Western Union Sees Digital Transactions Grow
Western Union reported an increase in the number of digital transactions.
Mavenir Raises $100 Million
Mavenir, a company that specializes in open radio access networks and related services for 5G networks, announced that it managed to attract investment funds for $100 million.
Mozilla Buys Startup Fakespot
Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.
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