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AI-powered “fake worker” scams are reportedly spreading from the U.S. to Europe.
That’s according to a report Sunday (March 15) from the Financial Times (FT), which says these scams typically involve operatives from North Korea using artificial intelligence to pose as workers, land jobs and earn wages at large companies in the United States and Europe.
These scammers infiltrated more...
Chinese startup Moonshot AI is reportedly looking to raise $1 billion in new funding.
That round would value the artificial intelligence company at $18 billion, more than four times its valuation from late last year, Bloomberg News reported Saturday (March 14), citing sources familiar with the matter.
Moonshot, which makes the Kimi chatbot, began talks about this new round after...
Elon Musk says his artificial intelligence startup needs to be rebuilt.
“xAI was not built right first time around, so is being rebuilt from the foundations up,” the world’s richest person wrote on his social media platform X last week.
Meanwhile, The Wall Street Journal (WSJ) reported Friday (March 13) that the rebuilding effort is happening as xAI’s founding team is exiting the...
In the digital economy, not every war is fought over market share. Some are fought over principle, some over pricing and some, let’s be honest, because an adult in a black turtleneck or Patagonia vest simply cannot let that one comment go. Payments, banking and tech are supposed to be the sober plumbing of modern commerce. Yet every so often the pipes start rattling, the founders start sniping...
Ticket reseller Vivid Seats’ debt sank after the company reported its fourth quarter and full year 2025 results Thursday (March 12), Bloomberg reported Friday (March 13).
The earnings missed estimates and guided for weaker results this year, according to the report.
Vivid Seats reported declines across key operational and financial metrics in a Thursday earnings release. Compared to...
Target will begin lowering prices on 3,000 items this month in its latest move to support the company’s long-term, sustainable growth.
The price reductions will generally be between 5% and 20% and will span select items across apparel, home, shoes, and “everyday essentials” such as baby items, household essentials and pantry staples, the retailer said in a Wednesday (March 11) press...
Rox, a startup developing artificial intelligence (AI) agents for sales functions, closed a funding round late last year that valued it at $1.2 billion, TechCrunch reported Thursday (March 12), citing unnamed sources.
At the time of the fundraise, Rox was expected to have annual recurring revenue of $8 million at the end of 2025, according to the report.
Rox AI did not immediately...
FedEx plans to embed artificial intelligence (AI) agents into more than half of its operational workflows by 2028, a move that signals how large enterprises are beginning to deploy AI not just as software tools but as systems that execute operational work.
The logistics giant is integrating agentic AI into core processes such as shipment monitoring, exception handling, workflow...
An attempt to secure Senate passage for the Credit Card Competition Act (CCCA) by attaching it as an amendment to a bipartisan housing bill failed, the Electronic Transactions Association (ETA) said in a Friday (March 13) newsletter shared in a post on social platform X.
CCCA amendment fails, pushback on state interchange bans, and more! https://t.co/jKcAlB668f
Written by industry...
There was little change in job openings in January, as they increased by 396,000, rebounding from the five-year low recorded in December and reaching 6.9 million, according to Job Openings and Labor Turnover Survey (JOLTS) data published Friday (March 13) by the Bureau of Labor Statistics.
The job openings rate was 4.2%. Private job openings increased by 370,000, bringing the total to...