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BitGo lays off 15% of staff to prioritize AI and stablecoins
Jul 01, 2026

BitGo lays off 15% of staff to prioritize AI and stablecoins

*BitGo restructures workforce as the crypto custody firm increases investment in AI-driven infrastructure and core digital asset services.* BitGo has announced a workforce reduction affecting nearl...

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Rackspace cuts 750 jobs to expand enterprise AI strategy
Jul 01, 2026

Rackspace cuts 750 jobs to expand enterprise AI strategy

*Rackspace cuts 750 jobs as the cloud company redirects investment toward enterprise AI and long-term business transformation.* Rackspace Technology is reducing its global workforce by approximatel...

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Apple iPhone 18 Pro supplier data leaked in Tata cyberattack
Jul 01, 2026

Apple iPhone 18 Pro supplier data leaked in Tata cyberattack

*Massive cyber breach at a key Apple supplier exposes alleged iPhone 18 Pro supply chain data, prototype images, and confidential manufacturing documents.* Apple is facing renewed concerns over the...

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Crypto Exchange unveils marketplace where AI agents can hire each other
Jul 01, 2026

Crypto Exchange unveils marketplace where AI agents can hire each other

OKX Unveils AI Platform Enabling Autonomous Agents to Hire and Pay Each Other Global cryptocurrency exchange OKX has launched OKX AI, a new platform designed to support autonomous AI agents that ca...

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Amazon launches $1 billion AI-driven FDE initiative, following Anthropic and OpenAI
Jul 01, 2026

Amazon launches $1 billion AI-driven FDE initiative, following Anthropic and OpenAI

AWS Launches AI Engineering Team to Accelerate Enterprise AI Adoption Amazon Web Services (AWS) has introduced a new organization of AI-focused forward-deployed engineers (FDEs) that will work dire...

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Trump administration reverses restrictions on Anthropic AI models
Jul 01, 2026

Trump administration reverses restrictions on Anthropic AI models

US Eases AI Export Restrictions on Anthropic After Enhanced Security Measures The U.S. government has withdrawn export restrictions on Anthropic's latest artificial intelligence models after the co...

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Microsoft could cut 5,500 jobs as AI push fuels fresh H-1B controversy
Jul 01, 2026

Microsoft could cut 5,500 jobs as AI push fuels fresh H-1B controversy

Microsoft Reportedly Preparing Fresh Workforce Reduction Amid AI Investment Push Microsoft is reportedly preparing another round of job cuts as the technology giant continues redirecting resources...

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Crypto industry spends $189 million on US elections
Jul 01, 2026

Crypto industry spends $189 million on US elections

Crypto Industry Deepens Political Influence With Nearly $189 Million in 2026 Election Spending The U.S. cryptocurrency industry is rapidly expanding its political footprint, with nearly $189 millio...

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Apple Pay adds American Express rewards points redemption
Jul 01, 2026

Apple Pay adds American Express rewards points redemption

Apple has expanded the capabilities of Apple Pay by introducing a new feature that allows eligible American Express cardholders in the United States to redeem their Membership Rewards points during ch...

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Indian American AI startup Noon acquires Bengaluru FinalRun
Jul 01, 2026

Indian American AI startup Noon acquires Bengaluru FinalRun

U.S.-based AI startup Noon has strengthened its presence in India by acquiring Bengaluru-based startup FinalRun, marking another significant step in the rapidly evolving artificial intelligence indust...

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Ford rehires hundreds of employees as AI strategy backfires
Jun 30, 2026

Ford rehires hundreds of employees as AI strategy backfires

Ford has revealed that it has brought back more than 300 veteran quality specialists after discovering that artificial intelligence alone could not match the judgement and experience of seasoned engin...

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Nationwide Building Society announces 600 job cuts amid Virgin Money merger
Jun 30, 2026

Nationwide Building Society announces 600 job cuts amid Virgin Money merger

Nationwide Building Society has announced plans to reduce around 600 jobs as part of the integration of Virgin Money following its £2.9 billion acquisition. The workforce changes are mainly aimed at e...

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