Amazon cuts hundreds of jobs in Prime Video and MGM Studios: Read the memo to employees

Amazon cuts hundreds of jobs in Prime Video and MGM Studios: Read the memo to employees

Amazon continues to trim its headcount after a year of mass layoffs. Beginning at the end of 2022 and continuing through 2023, Amazon initiated the largest layoffs in its history, cutting more than 27,000 jobs across almost every area of the company. Team, We’ve taken significant steps towards our long-term vision of making Prime Video…

SEC’s account compromise was ‘not due to any breach of X’s systems,’ company says

SEC’s account compromise was ‘not due to any breach of X’s systems,’ company says

INDIA – 2021/10/16: In this Photo illustration a Bitcoin logo seen displayed on a smartphone with an ETF(exchange traded fund) logo in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Social media company X said late Tuesday it has completed a preliminary probe into the…

Meta will limit reach of harmful content to teens on Facebook and Instagram amid scrutiny

Meta will limit reach of harmful content to teens on Facebook and Instagram amid scrutiny

Facing increased scrutiny over its social networks’ effects on teenage users, Meta announced Tuesday that teens on Facebook and Instagram will see less content related to self-harm and eating disorders. Meta already filters such content out of the feeds it recommends to users, such as Instagram’s Reels and Explore. But under a set of changes…

Bitcoin falls ahead of ETF decision, ether surges 12% to highest level since May 2022

Bitcoin falls ahead of ETF decision, ether surges 12% to highest level since May 2022

Nurphoto | Nurphoto | Getty Images Bitcoin tread water on Wednesday as investors awaited the official U.S. Securities and Exchange Commission approval on spot bitcoin exchange-traded funds, a day after the regulator’s X account posted a false announcement on the highly anticipated news. The price of bitcoin was last lower by more than 2% at…

SEC approves spot bitcoin ETFs in game-changer for crypto industry

SEC approves spot bitcoin ETFs in game-changer for crypto industry

The US securities regulator on Wednesday approved the first US-listed exchange traded funds to track bitcoin, its Chair Gary Gensler said, in a watershed for the world’s largest cryptocurrency and the broader crypto industry. The agency approved applications, including from BlackRock, Ark Investments, 21Shares, Fidelity, Invesco, and VanEck, among others, according to a notice on its…

Microsoft debated whether to shutter AI lab in Beijing due to political pressure: report

Microsoft debated whether to shutter AI lab in Beijing due to political pressure: report

Top Microsoft executives have reportedly debated whether to shutter a controversial artificial intelligence lab in Beijing – as the company’s cozy ties with China raise alarm bells on Capitol Hill. As The Post reported last month, prominent US lawmakers warned Microsoft that its ongoing work in China poses a potential national security risk after company…