Binance Lays Off 1,000 Employees, Could Cut Thousands More Jobs Amid DOJ Probe: Reports
Binance's legal troubles are mounting, and recent reports suggest the company is reducing its workforce in the thousands days after a string of executive exits.
Smoke From Canadian Wildfires Prompts Air Quality Alerts In 12 States
A large portion of the northern states are under air quality alerts due to the smoke from Canadian wildfires. Some states are expected to experience poor air quality through late Monday as more than 580 fires are still "out of control" in Canada.
Indonesia Has 'Most Potential' In ASEAN Digital Economy, But Accessibility Issues Persist: Experts
Indonesia is fast-becoming a star in Southeast Asia's digital economy, and while its local digital stars are making a name in the global stage, issues such as accessibility and inclusivity may be holding the country's flight back.
Beginning Of The End For ChatGPT? FTC Launches OpenAI Probe; Altman Disappointed
The FTC wants OpenAI to "describe in detail" multiple aspects of its business, including how it trains each LLM and collects data to train chatbots and also details of its risk management practices.
Tech Layoffs: Skill-Lync Cuts 200 Staff As Indian Edtech Space Stumbles
Another Indian edtech startup seems to have fallen victim to a funding crunch that has been biting the industry since the educational system started reverting back to offline learning as Skill-Lync reportedly cut around 200 jobs.
Security In Asia And Europe 'Quite Divisible,' Expert Says Citing Paris On NATO's Tokyo Office
Early opposition to a NATO office in Japan thwarts the idea that security in Europe and Asia is indivisible, a notion that "crystallized" when Russia invaded Ukraine in February last year, said Patrick M. Cronin, chair for Asia-Pacific Security at the Washington, D.C.-based think tank Hudson Institute.
China Slams 'Mastermind' US For Forcing It To Accept South China Sea Ruling; Sends Warplanes Around Taiwan
China slammed the United States for forcing it to accept a 2016 arbitral ruling that dismissed Beijing's claim to much of the South China Sea. The same day, Taiwan – which also has the U.S. as its ally, like the Philippines – said Beijing sent navy ships and a huge group of warplanes around the island nation for a span of two days.
Elon Musk Predicts 'Digital Superintelligence' To Arrive In 5-6 Years, Launches AI Company
Digital superintelligence may arrive within six years, Elon Musk told two lawmakers Wednesday, warning that the world should "worry" about how such technology may affect humanity in the future.
'Very Intense' Heat Wave Expands From US South To West; Warnings In 7 States
The heat wave that has been affecting southern U.S. states in the past few weeks is expanding to the west, as California and Nevada are now also experiencing extreme temperatures.
'Barbie' Movie Map Condemned By Influential Think Tank As PH Refuses To Ban It
The Philippines is celebrating seven years of winning an arbitration case against China over the latter's South China Sea claims, but the commemoration seems to be overshadowed by controversy surrounding a map depicted in the "Barbie" movie that Vietnam recently banned.
Putin Needs Prigozhin's 'Charisma' So He Won't Jail Wagner Chief: Retired US General
Yevgeny Prigozhin, even if he staged a failed coup last month, won't be jailed by the Kremlin since Vladimir Putin needs his forces, a retired U.S. general said. The Wagner chief's exact whereabouts are still unknown a few weeks after his failed coup.
Marjorie Taylor Greene Downplays Freedom Caucus Issue, Says 'Has No Time For Drama Club'
Rep. Marjorie Taylor Greene has not been in good terms with some Freedom Caucus members, including Rep. Boebert, and her close ties with House Speaker McCarthy have drawn criticism from some members of the group.
Software Layoffs: Unicorn Sisense Cuts 100 Staff; Matterport Eliminates 170 Jobs
Two software companies have implemented workforce cuts this week as the software sector continues to experience the brunt of a wider tech reckoning.
Philippines OK's 'Barbie' Release As Country Celebrates 7th Anniversary Of Arbitral Win Against China
Sen. Tolentino expressed disappointment over the Philippine film and TV regulator's decision to allow the release of "Barbie" in the country.
Japan Can Rise Like A Phoenix In Global Chip Industry, Expert Makes Surprise Prediction
There was a time when Japan was the world's largest semiconductor but in the past decades, the country's chip industry declined. With the government propping Rapidus up, will Japan finally make a comeback in the global stage?
Conservative PAC Ad Campaign Urges GOP Supporters To Dump Trump In 2024
Win it Back, which is tied to Club for Growth, seems to be painting Donald Trump as an unelectable candidate, especially with the "many distractions" the ex-president has faced in recent months.
Indian Celebrity-Backed Startup FrontRow Shuts Down, Considers Returning $2.5M To Investors
FrontRow offered courses from a host of Indian influential people, including cricket player Suresh Raina and playback singer Neha Kakkar. The edtech startup raised over $17 million across two funding rounds.
Tech Layoffs: Microsoft Axes 276 Jobs; Evernote Cuts 98 Staff
Microsoft has had earlier mass layoffs, and Evernote also cut more than 100 workers in February, just months after the company was acquired by Bending Spoons.
Lawsuits Coming For Social Media Platforms Over Harm On Children: Utah Governor
Utah is looking to take social media companies to court over the alleged harm their products bring to the youth. Gov. Spencer Cox previously said he was expecting legal challenges from involved companies, and there have been concerns about the state's social media law possibly being unconstitutional.
Google Testing Its Medical AI Chatbot In Hospitals; What To Know About Med-PaLM 2
Artificial intelligence continues to break norms and extend through various applications, and Google is diving into the world of possibilities with its work on a medical chatbot that it believes could handle healthcare conversations better than ChatGPT, Bing, or even its own Bard.
'Considerable Flood Threat': New York County Under State Of Emergency As Northeast Sees Intense Rain
At least five northeastern states are under flood-related alerts as heavy rains are expected to continue in the region through Monday. In New York, one county has been placed under a state of emergency. Some areas are at risk of flooding through Tuesday.
Microsoft Gets Stock Boost After Morgan Stanley's AI-Driven $3 Trillion Valuation Outlook
Microsoft is expected to hit $3 trillion in valuation through its work on artificial intelligence. Morgan Stanley has high hopes for the software giant, saying it has a 22% upside potential due to its "pole position" in the generative AI arms race.
California State Senator Urges Probe Into HR Startup's Alleged Dubious Business Practices
Deel, valued at $12 billion, is the subject of a letter from a California state senator who wants to have the startup investigated over alleged dubious business practices, specifically with its employment classification system.
Japan's Largest Port Reopens After Russian Hackers Crippled Operations With Ransomware Attack
Following two days of trying to regain access to its system, the Port of Nagoya has finally resumed operations. The port suffered a ransomware attack by LockBit 3.0, the same Russia-linked hacking group that claimed to have victimized TSCM late last month.
Threads Surges To #1 On App Store After Twitter Threatens To Sue 'Copycat'
Threads is flying high after its glorious day one, but Twitter is not letting the "copycat" app celebrate too soon. Twitter lawyer Alex Spiro wrote to Meta CEO Mark Zuckerberg, accusing the social media giant of utilizing the knowledge of ex-Twitter-now-Meta-employees about Twitter trade secrets to develop Threads.
Racial Justice Organization Cuts Staff After Overspending On 'Fancy Meals,' Lavish Events: Report
A racial justice advocacy organization has reportedly overspent on executive salaries and some projects that had doubtful effects on the nonprofit's actual advocacy. The organization has also been accused of illegally dismissing some employees who were members of its union.
Binance Begins Hiring For EU Policy Officer Amid Mounting Regulatory Woes
Amid crumbling trust for Binance, the crypto exchange is in search of a policy officer that will specialize in European Union regulations. The crypto exchange behemoth has been in hot waters in recent months over regulatory concerns among bloc members.
Meta's Twitter Rival Threads' Data Policy Similar To TikTok's; Could Access Highly Sensitive Information
Meta has rolled out Threads, dubbed by some as a 'Twitter killer,' but there are increasing concerns about the massive trove of data that the Instagram-developed app collects.
Big US Tech Companies Scale Back Participation In China's Signature AI Conference; Experts Weigh In
China's Shanghai AI conference kicks off Thursday, but where are the U.S. companies that previously sponsored the event? Some are attending, but only as delegates.
Wagner As Ukraine Ally? Expert Says Prigozhin's Mercenary Group Could Shock The World Again
Yevgeny Prigozhin resurfaced Monday to hint that his Wagner Group may stage a comeback and secure "next victories." A Russia expert believes just about anything could happen, even some of the most absurd scenarios, especially in a Russia where it turns out the regime's Herculean walls have cracks too.