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IBM to Cut Thousands of Jobs as Focus Shifts From Consulting to Software
IBM reportedly plans to cut “thousands” of jobs during the current quarter. The company is doing so as it shifts its focus to higher-growth software and services, Bloomberg reported Tue...
Chime Workplace Integrates With UKG’s Human Resources Platform
UKG, a platform for human resources, pay and workforce management, added Chime’s financial wellness suite, Chime Workplace, to its UKG Marketplace. The move makes Chime Workplace availabl...
Trump Admin Links Binance Pardon to ‘Ending Biden’s War on Crypto’
The Trump administration has defended its controversial decision to pardon Binance founder Changpeng Zhao (CZ). It comes only days after Trump claimed not to know the Binance executive, despite era...
Pay3 Recruits AI Agents to Conduct Stablecoin Transactions
Stablecoin payment platform Pay3 is the latest company to embrace agentic AI. The company on Tuesday (Nov. 4) unveiled its Agentic Payments Platform, designed to allow artificial intelligen...
UBS Says Live Tokenized Fund Transaction Demonstrates Value of Smart Contract-Based Technologies
UBS said Tuesday (Nov. 4) that it completed a live tokenized fund transaction leveraging Chainlink’s Digital Transfer Agent (DTA) technical standard. This transaction saw the completion o...
Contagion Fears Loom as Stream Finance Discloses $93 Million Loss
Staked Stream USD (xUSD) is trading at less than 30 cents on the dollar amid concerns about the protocol's solvency....
The Daily: Stream Finance external fund manager discloses $93 million loss, Sequans dumps nearly a third of its bitcoin holdings, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
Why Bitcoin lost the $100k floor: Everything that happened in crypto today
Bitcoin traded at $100,640.15 as of press time, down 5.6% in the past 24 hours, after briefly losing the $100,000 price threshold on Binance futures for the first time since June 23. The sell-off wipe...
New York City Has Been Losing New Finance Jobs for Some Time. The Election of Zohran Mamdani Could Accelerate the Escape from New York Trend
With today’s Mayoral election in New York City, many observers are worried about the consequences of a potential socialist or communist taking office to manage the world’s most vibrant city and to...
SBF Launches Appeal, Claims He Was “Presumed Guilty” Before Trial
Sam Bankman-Fried (SBF) is moving to overturn his fraud conviction and 25-year prison sentence as his appeals process begins today. The FTX founder’s legal counsel will argue that he was presumed...
Newswire > Tag: finance
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