The AI revolution is creating unexpected casualties in the software sector. Once-high-flying companies are now trading at deep discounts as investors panic about generative AI disrupting their business models.
A new Brookings paper models how AI could create a temporary wage boom followed by a bust. The key insight? Human workers become the bottleneck once automation saturates intelligence tasks.
Alibaba’s cross-border e-commerce unit is charging into AI-powered B2B services with a new subscription model and blockchain payments. The company plans to charge $20 monthly or $99 annually for advanced AI search capabilities while partnering with JPMorgan on tokenized dollar and euro transfers. Th
Microsoft is making a major play to attract more game developers to Xbox by publishing complete publishing documentation. This comes as Valve re-enters the console market with new hardware. The move positions Xbox as a more developer-friendly alternative to Steam.
Companies are more vulnerable than ever to crises that can destroy their reputation in hours. New research reveals most organizations lack basic crisis management plans, especially for emerging AI risks. Here’s how to spot if your workplace is unprepared.
Eric Trump is diving headfirst into Bitcoin mining as co-founder of American Bitcoin Corp. The company aims to build America’s Bitcoin infrastructure through a unique business model combining mining and accumulation strategies.
Mint Mobile is offering a rare $200 discount on the iPhone 17 Pro Max. The catch? A 12-month, $15/month unlimited data plan paid upfront. It’s one of the few straightforward iPhone deals available right now.
AT&T customers have until December 18 to claim their portion of a $177 million data breach settlement. The settlement covers two major breaches affecting millions of customers between 2019 and 2024. Claimants need their Class Member ID and payment information to file.
Google has successfully dismantled a major text scam operation that targeted Americans with fake E-ZPass and USPS messages. The company filed suit against the “Smishing Triad” group on Wednesday, effectively shutting down their Lighthouse phishing kit. This represents a significant victory in the on
Crystal Dynamics has laid off just under 30 developers across various departments in its second round of cuts this year. The studio claims this “difficult but necessary” decision will optimize development of the next Tomb Raider game. But cutting staff to supposedly improve development seems contrad
