AI adoption has slashed finance analyst job openings in London by nearly 80%, from over 350 to roughly 80 in four years, according to a Bloomberg report. Banks like Standard Chartered are cutting thou…
Bitcoin nearly hit $64,000 on Friday, and analysts predict a more favorable second half of 2026, citing potential catalysts such as a US-Iran peace deal and mega IPOs. Standard Chartered's Geoff Kendr…
Circle, the company behind the USDC stablecoin, raised $222 million in a private presale of its native ARC token for its purpose-built Layer-1 blockchain, Arc, achieving a $3 billion fully diluted val…
More than 35 companies, including Meta, Amazon, and Groupon, have laid off employees so far in 2026, continuing a trend of workforce reductions across tech, media, finance, and retail. Some firms, suc…
Standard Chartered CEO Bill Winters faced public outrage and regulatory scrutiny after referring to employees as "low-value human capital" in a statement about replacing workers with artificial intell…
Several leading AI executives have publicly softened earlier warnings that artificial intelligence would cause mass unemployment. Nvidia CEO Jensen Huang called the narrative linking AI to job loss "j…
Standard Chartered CEO Bill Winters apologized on LinkedIn for causing "upset" after referring to certain workers as "lower value human capital" that could be replaced by AI, backtracking on comments …
Standard Chartered CEO Bill Winters apologized for his "choice of words" after facing backlash for referring to some jobs as "lower value, human capital" during a discussion about AI-driven changes at…
Standard Chartered has announced plans to cut approximately 7,000 jobs as part of a strategic shift toward automation and artificial intelligence. The bank aims to replace what it describes as "lower-…
Meta committed $145 billion to AI infrastructure the same week it began firing approximately 8,000 employees, framing the cuts as a recalibration to "AI reality." Standard Chartered separately announc…