US Navy blockade halts Iran oil exports, impacts China supply chain
The U.S. Navy’s blockade on Iranian ports has stopped Iran’s oil exports for over 48 hours, cutting off a major...
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StarkWare cuts staff in push toward revenue-generating products
Zero-knowledge scaling company StarkWare is cutting jobs and restructuring its operations as it shifts from infrastructure development toward revenue-generating products. Source:...
WLD Token Inflation Slows as Sam Altman’s World Cuts Daily Unlock Rate
Key Takeaways: World’s WLD token unlock rate will drop 43% on July 24, 2026, cutting daily emissions from 5.1M to...
Iran Strikes Saudi Pipeline and Israel Launches Airstrikes on Lebanon Hours After Ceasefire Deal
Key Takeaways: Iran struck Saudi Aramco’s East-West Pipeline on April 8, cutting roughly hundreds of thousands of barrels per day...
Trump’s FY2026 budget proposes $73B cut to US nondefense discretionary spending
President Trump’s FY2026 budget proposes cutting nondefense discretionary spending by $73 billion. The odds of a Fed rate cut at...
Trump’s FY2026 budget proposes $73B cut to US nondefense discretionary spending
President Trump’s FY2026 budget proposes cutting nondefense discretionary spending by $73 billion. The odds of a Fed rate cut at...
Crypto.com cuts 12% jobs, bets big on AI
Crypto.Com has laid off about 12% of its workforce, cutting roughly 180 jobs from its 1,500 employees, as it shifts...
Crypto.com slashes 12% of workforce as it pivots to enterprise AI
Crypto.com, the Singapore-based digital asset exchange, is cutting roughly 12% of its workforce as part of a company-wide transition to...
Public Bitcoin Miners are Dumping Bitcoin for AI, a Historic Mistake
There is no doubt about it, this is the age of AI. Corporations are cutting their workforces in half to...
Anthropic and the Pentagon Clash Over Claude’s Military and Mass‑Surveillance Uses
The Pentagon is considering cutting ties with Anthropic, with Defense Secretary Pete Hegseth close to designating the company a “supply‑chain risk.”...
Gemini cuts 25% of staff and exits UK and EU markets amid ongoing crypto downturn
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, announced Thursday it is cutting 25% of its workforce and...
Amazon cuts 16,000 jobs in second major layoff round amid AI push
Amazon is cutting approximately 16,000 jobs across the company, marking its second major round of layoffs in three months as...
