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Amazon CEO says it will cut jobs due to AI’s ‘efficiency’
Amazon CEO Andy Jassy says advancements in AI will “reduce” the company’s corporate headcount over the next few years. In a memo to employees on Tuesday, Jassy writes that Amazon expects the...
Banking Giant JPMorgan Tests Deposit Tokens on Base
The $4 trillion financial institution is piloting “deposit tokens” on Coinbase’s Ethereum Layer 2 blockchain, Base....
Fossil fuels are an insurance disaster  
Heatwaves, mold, and plastic pollution pose new risks to businesses and insurance companies, a new report by reinsur...
Streaming Overtakes Broadcast and Cable Watchers for First Time 
America is now officially a nation of cord-cutters, according to new Nielsen data. [contact-form-7] For the first time ever, the number of viewers who watched TV via streaming services has...
JPMorgan Reveals New Details of its JPMD Stablecoin
JPMorgan is going public with details about its new JPMD stablecoin, which will launch on the Base blockchain. The firm will begin a pilot program sometime in the next few days. Technically, JPMD ...
JPMorgan pilots tokenized deposit token on Base, targeting instant dollar transfers
JPMorgan will pilot a dollar-denominated deposit token called JPMD on Coinbase’s Base blockchain within days, global blockchain division co-head Naveen Mallela said in an interview with Bloomberg Ne...
Coralogix Debuts AI Agent After Raising $115 Million
Israeli data analytics platform Coralogix has reportedly reached unicorn status. [contact-form-7] The company nearly doubled its valuation to more than $1 billion in its latest funding rou...
Gemini 2.5: Updates to our family of thinking models
Google is releasing updates to its Gemini 2.5 model family, including the generally available and stable Gemini 2.5 Pro and Flash, and the new Gemini 2.5 Flash-Lite "thinking models" in preview, offer...
Payabli Explores AI and Spend Management After Raising $28 Million
Payments infrastructure platform Payabli has raised $28 million in new funding. [contact-form-7] The company’s Series B round, announced Tuesday (June 17), was led by Fika Ventures and QED...
Two Dates to Watch for Major XRP Developments in the Coming Months
The XRP ecosystem is approaching two critical deadlines that could significantly impact its legal standing and market accessibility in the United States. The first key date is tied to the SEC’s r...
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