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CEO Evan Spiegel said Snap would cut 1,000 employees, 16% of its global workforce, citing "rapid advancements in artificial intelligence."
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Business Insider
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Stablecoins are quietly powering real-world money flows as other crypto experiments than speculative trading have failed to scale, Romero said at Consensus 2026. Read more ›
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Tokenized money efforts face limits as corporate clients demand real-time payments that work seamlessly across banks, Citi’s Ryan Rugg said at Consensus in Miami. Read more ›
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The trading app's senior vice president said tokenization, 24-hour trading, and regulatory shifts are driving broader investor access beyond domestic markets. Read more ›
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Anthropic introduced 10 AI agents for the finance industry on Tuesday, adding to the tools already available from buzzy startups and firms themselves. Read more ›
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Apple has agreed to pay $250 million to settle a class action lawsuit that accused it of misleading customers about the availability of its Apple Intelligence features. The proposed settlement would apply to people in the US who purchased all models of the iPhone 16 and the iPhone 15 Pro between June 10th, 2024 and […] Read more ›
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As traditional finance deepens its footprint, issuers say ETFs are reshaping access, liquidity, and the global structure of digital asset investing. Read more ›
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The U.S. Navy's inventory of nuclear submarines is getting ready to expand with an upcoming all-new class of vessels. Here's what we know about them. Read more ›
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The AI assistant is no longer coming to consoles and will be removed from the Xbox mobile app. Read more ›
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You'll reportedly get your choice of AI companions, which means ChatGPT might be losing its shine. Read more ›
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A "kamikaze dolphins" question surfaced at a Pentagon briefing. The US has long used dolphins for mine detection and harbor defense. Read more ›
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Courts may restrict access to the popular abortion medication mifepristone in the United States. Telehealth providers have backup plans in place. Read more ›
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The speaker is now just $59.95 after a 25% drop, providing great sound in an ultra-portable package. Read more ›
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Apple will pay $250 million to settle a class action lawsuit accusing it of false advertising and unfair competition after the personalized Siri features it promoted when launching the iPhone 16 were delayed. Apple was accused of setting "a clear and reasonable consumer expectation that these transformative features would be available upon the iPhone's release," while also causing "unprecedented excitement" that resulted in millions of consumers unnecessarily upgrading their devices.... Read more ›
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The '28 Years Later' sequel opened about six months after the previous film, and the director wonders if that might have worked against it. Read more ›
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An anonymous reader quotes a report from Wired: Employees at Google DeepMind in London have voted to unionize as part of a bid to block the AI lab from providing its technology to the US and Israeli militaries. In a letter addressed to Google's managing director for the UK and Ireland, Debbie Weinstein, the workers asked the company to recognize the Communication Workers Union and Unite the Union as joint... Read more ›
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Google Home update expands automation with new triggers, conditions, and actions, allowing smarter control across devices like locks, lights, appliances, and sensors. Read more ›
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Business Insider
Anthropic now says that the average cost per developer per active day is $13, up from $6 earlier this month. Read more ›
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Kun Chen, an ex-Microsoft and Meta engineer, said that he asked himself a question to determine whether he was still growing in his role. Read more ›
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Starbucks is quietly becoming an energy drink company as it plans to expand its new line of Energy Refreshers and reshape customer drinking habits. Read more ›
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Elon Musk is expected to return to the witness stand on Wednesday as he seeks to convince a jury he was deceived by OpenAI CEO Sam Altman. Read more ›
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Veterans of the autonomous vehicle industry who founded their own robotics outfit told BI that AV experience has a lot of transferable skills. Read more ›
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Charles Yang spent 10 years building startups in China, then 10 in the US. Here's what he learned about the two systems. Read more ›
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Red Lobster once blamed its blockbuster Endless Shrimp deal for its downfall. Now the all-you-can-eat promo is back — but the vibe is different. Read more ›
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Rei Onoda bought a $50,000 abandoned home in rural Japan while pregnant — she and her husband quit their jobs. Read more ›
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Kids and retirees are vibe coding with AI tools. Meet the unlikely users redefining who can build with AI. Read more ›
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Hilton CEO Christopher Nassetta said macro trends are boosting spending from lower-income consumers. Read more ›
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05.05.2026 17:37
Last update: 17:31 EDT.
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