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Political and economic tensions around the world are making some more willing to receive their pay in cryptocurrencies like Bitcoin (BTC), according to executives in the human resources industry.The share of salaries taken in cryptocurrencies and stablecoins has been on the rise over the past few years. This trend is driven
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Mizuho Bank said that it will use the AI tool in the bank’s brokerage unit. The Japanese banking giant will conduct an “ideathon” next month and brainstorm various ways to experiment with the technology. On Tuesday, June 27, Japan’s third-largest banking institution Mizuho declared that it will allow all of
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In addition to the series of layoffs, Spotify was forced to cancel 11 original podcasts from its in-house studios including ‘How to Save a Planet’, ‘Crime Show’, and ‘Medical Murders’. Music streaming platform Spotify Technology SA (NYSE: SPOT) has announced plans to cut its workforce by 2% leaving up to 200 employees
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ishan Wahi, a former product manager at Coinbase crypto exchange, and his brother Nikhil Wahi have reportedly settled their insider trading case with the United States Securities and Exchange Commission (SEC). Ishan Wahi has been sentenced
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Facebook parent Meta has embarked on another round of layoffs that could affect thousands more amid the company’s ‘Year of Efficiency.’ Meta Platforms (NASDAQ: META) is conducting yet another round of layoffs for the third time in less than three months. The Facebook parent has already cut more than 20,000 jobs
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Big Tech giant Apple has restricted company usage of the widely popular artificial intelligence (AI) chatbot ChatGPT over fears its sensitive data could be compromised.A report by The Wall Street Journal revealed that an internal document to Apple employees had banned the usage of Microsoft-backed ChatGPT and similar AI tools
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Zepz, however, noted that it is hiring more than 200 new roles including software developers, managerial positions and marketing roles, among many others. In a bid to streamline its business structure for future growth prospects, Zepz, a London-headquartered money transfer platform, has announced the reduction of its workforce by about 26
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Samsung is the latest entity to take a stance against emerging generative artificial intelligence (AI) tools as they rapidly infiltrate major global industries.According to a Bloomberg report on May 2, the company will ban the use of generative AI tools like ChatGPT among its employees. This new policy comes after Samsung
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The Seoul Southern District Prosecutor's Office has reportedly confiscated roughly $160 million worth of assets from eight people connected to the collapse of Terraform Labs, including co-founder Daniel Shin.According to an April 3 report from South Korean news outlet KBS, authorities seized roughly 210 billion won — $160 million at
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