Coinbase to cut 14% of staff over impact of AI and volatile markets
Crypto exchange’s CEO says the technology is speeding up its processes, meaning fewer employees are ne. Source: World. Read original report via source l…
Tag: ft.com
Musk and SEC propose to settle Twitter lawsuit for just $1.5mn
Deal would come at a fraction of the amount regulators originally sought from the world’s richest manW. Source: World. Read original report via source l…
Citigroup sets new rewards structure for banking and wealth referrals
Employees will be paid directly for generating business instead of sharing revenue between the group’s. Source: World. Read original report via source l…
FirstFT: Narendra Modi’s BJP wins election landslide in opposition stronghold
Top LineAlso in today’s newsletter: US and Iran exchange fire in the Gulf, and the EU blocks funds for. Source: World. Read original report via source l…
OpenAI president defends his motives over for-profit coversion and $30bn stake
Top LineLawsuit brought by Elon Musk accuses start-up’s executives of selling out its charitable missi. Source: World. Read original report via source l…
Rheinmetall’s first-quarter revenues fail to meet expectations
German company’s shares under pressure over profitability concerns and questions about the future of w. Source: World. Read original report via source l…
Boost for Modi as BJP claims election win in key Indian state
Top LineHindu nationalist party says it has toppled West Bengal’s leftwing chief minister after 15 yea. Source: World. Read original report via source l…
US to ‘guide’ stranded ships out of Strait of Hormuz, says Trump
OverviewPresident says ‘humanitarian’ effort to begin on Monday as ‘very positive discussions’ continu. Source: World. Read original report via source l…
UK and EU to start formal talks on Ukraine loan scheme
OverviewNegotiations come as London and Brussels seek closer defence alignment in wake of Trump threat. Source: World. Read original report via source l…
Trump says he is reviewing Iran peace plan but would consider new strikes
Top LineThe conflict is now in its 10th week with little prospect of a rapid endOutlookWatch for verif. Source: World. Read original report via source l…