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Microsoft's Job Cuts amid Xbox Restructuring and Business Challenges
Microsoft has announced plans to cut 3,200 jobs as part of a restructuring effort within its Xbox division. The tech giant admitted that its business is facing challenges and needs to make changes to ensure its health and sustainability.
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Securitize Plans Expansion Through Acquisitions After Going Public
Following its NYSE debut, Securitize CEO Carlos Domingo revealed the firm's strategic plan to utilize its $400 million war chest for acquisitions. Rather than buying competitors, Securitize aims to expand its institutional tokenization platform.
Impeachment Trial of Vice President Sara Duterte Commences in Philippine Senate
The Philippine Senate, acting as an impeachment court, opened the trial of Vice President Sara Duterte on Monday in a politically volatile event that will unfold against the backdrop of her bitter feud with President Ferdinand Marcos Jr.
Crusoe AI Firm Seeks $3 Billion Funding Round for Infrastructure Expansion
The AI infrastructure company Crusoe is looking to secure a significant $3 billion funding round to fuel its expansion plans.
SpaceX Enters Nasdaq 100: Crypto Market Anticipates FOMC Minutes
Your look at what's coming in the week starting July 6.
Super Typhoon Bavi Hits U.S. Pacific Territories with Fierce Winds
Residents of Guam and surrounding U.S. island territories in the western Pacific were urged to take shelter as Super Typhoon Bavi was expected to make landfall early Monday, threatening an area still recovering from another destructive storm earlier this year.
Should Investors Consider Buying Bitcoin at a 53% Dip?
Amidst a significant 53% drop in the value of Bitcoin, investors are left pondering whether now is the opportune moment to make a purchase. In the volatile world of cryptocurrency, such fluctuations are not uncommon, prompting discussions on the best course of action.
Shadows of Ukraine and Iran Loom Over High-Stakes NATO Summit in Turkey
<p>The NATO summit kicking off in Turkey this week provides President Trump with a rare opportunity to exert pressure on European allies over defense spending and highlight his administration's support for Turkish President Recep Tayyip Erdogan. As world leaders gather, issues ranging from Ukraine to Syria are poised to command attention during Trump's two days in Ankara.</p>
OPEC+ to Boost Oil Production as Prices Decline
A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs modestly next month, which would bring more oil online after fuel prices have fallen to levels not seen since before the U.S. and Israel's war with Iran.