News

Tech leaders at TNW Conference called on Europe to expand its appetite for risk and fund young founders — before they move to ...
Mercanis, a Berlin-based startup specialising in Agentic-AI procurement solutions, has raised over €17.3 million (about US$20m) in latest round of funding ...
And while Amazon has not yet announced another round of layoffs, Jassy’s memo is a clear indicator that job cuts are coming ...
Microsoft will cut thousands of jobs in its sales department and other teams from July, The Wall Street Journal reported.
Before we get into this evening’s briefing, check out Kalley and Cory’s late-breaking scoop today about Meta Platforms’ ...
The USDC issuer has added fintechs from Brazil and the U.K. to boost distribution. Plus, Klarna pumps the gas on AI and more ...
After Amazon CEO Andy Jassy told staff that AI will reduce headcount, commentators say other companies may now feel able to ...
Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.
Workers still know things that algorithms don’t. They’re essential to designing AI systems to enhance, not replace, jobs.
Klarna, the buy-now-pay-later service, is launching a mobile phone service. The $40 per month phone plan is launching in the ...
In a memo to employees, Andy Jassy said that generative AI and agentic AI will see Amazon cutting the number of people it ...
Amazon CEO Andy Jassy says AI will lead to workforce cuts as the company seeks efficiency gains by automating jobs and ...