Business

Coinbase loses $400 million, 1.5 million customers and 14% of staff
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8 May, 2026

Coinbase loses $400 million, 1.5 million customers and 14% of staff

Coinbase faces a $394M loss as memecoin traders exit, AI-driven layoffs grow, and USDC revenue faces mounting pressure.
Japan firms back AI as China guards workers’ rights
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8 May, 2026

Japan firms back AI as China guards workers’ rights

A recent survey shows AI is becoming essential for Japanese businesses, while China pushes AI growth alongside protections for workers...
BTC mining metrics improve, but not enough to halt the AI pivot
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7 May, 2026

BTC mining metrics improve, but not enough to halt the AI pivot

BTC mining profits remain under pressure as major miners pivot to AI data centers, dump token reserves, and scale back...
Academy Awards bans AI performances from Oscars eligibility
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7 May, 2026

Academy Awards bans AI performances from Oscars eligibility

The Academy restricts AI-generated performances and screenplays from Oscar eligibility, emphasizing human creativity in filmmaking.
Fintech’s growth phase is over—now comes the hard part
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7 May, 2026

Fintech’s growth phase is over—now comes the hard part

Fintech Revolution Summit 2026 highlighted the importance of trust and compliance in digital finance, driving financial inclusion in the Philippines.
UN: Ad spending tops $1T but AI risk fueling misinformation
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7 May, 2026

UN: Ad spending tops $1T but AI risk fueling misinformation

UN warns that unchecked AI in advertising could deepen misinformation, threatening information integrity and trust in the digital landscape.