Robert Nickelsberg/Getty Images Coinbase is the latest tech company to gut its workforce as part of an AI-centric restructuring. The company will lay off approximately 14 percent of its total headcount, CEO Brian Armstrong wrote in a blog post. According to Reuters, that equates to around 700…
U.S. President Donald Trump disembarks from Air Force One upon arrival from Miami on May 3, 2026 at Joint Base Andrews, Florida. Roberto Schmidt | Getty Images The Center for AI Standards and Innovation on Tuesday announced agreements with Google DeepMind, Microsoft and Elon Musk’s xAI that will allow the U.S. government to evaluate artificial…
French politicians on the left and centre have criticised a parliament inquiry report that recommends sweeping cuts to public broadcasting, with a row over culture wars building before next year’s presidential election. State broadcasting is a key topic in the run-up to April’s vote, with the far right, which is leading in the polls, highly…
Wall Street watchdog suggests allowing public companies to file semi-annual reports
Sudan claims it has evidence that four drone attacks have been launched from Ethiopia with UAE-supplied drones. Sudan has accused Ethiopia and the United Arab Emirates (UAE) of playing a role in the recent drone attacks on the country, warning that the aggression will not be “met with silence”. On Tuesday, the Sudanese government recalled…
PayPal is looking towards the future, despite its falling stock and looming layoffs. In its first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs to “recommit to the fundamentals,” which included “becoming a technology company again.” There was no need to read between the lines — PayPal was pitching an AI-powered turnaround. Lores…
PayPal Holdings Inc. plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter, as new Chief Executive Officer Enrique Lores seeks to reduce costs and turn around the payments company. PayPal employed around 23,800 people at the end of the year, meaning a workforce reduction of…
Canada’s prime minister, Mark Carney, has appointed a former supreme court justice and war crimes prosecutor as the country’s new governor general, saying her appointment would reflect the importance of global institutions. Louise Arbour, a celebrated jurist, served as United Nations commissioner and prosecuted war crimes in the former Yugoslavia and Rwanda, will serve as…
May 5, 2026 2 min read Add Us On GoogleAdd SciAm Jeff Bezos’ Blue Origin moon lander completes a crucial test as race with SpaceX heats up NASA announced that the lander, Endurance, completed vacuum testing on Earth—a key step toward a planned launch later this year By Adam Kovac edited by Claire Cameron Blue…
TAMPA, Fla. — Tampa Bay Lightning captain Victor Hedman revealed Tuesday that his absence in the final weeks of the season was caused by a need to address his mental health. Hedman, in a statement released by the Lightning, did not provide specifics about what he has been dealing with. He didn’t play in Tampa…
