In a bold move, Microsoft has announced the layoff of 7,000 employees, approximately 3% of its workforce, as part of a strategic pivot towards AI investments. This decision is intended to optimize resources and bolster the company’s AI-centric initiatives, amid discussions about potential further layoffs.
In a surprising move, Zimbabwe's central bank is reissuing gold coins to bolster its local currency, the ZiG, just 10 months after halting the program. Discover the implications of this bold financial strategy.
GameStop has announced its rebranding strategy to integrate Bitcoin into its operations. This move follows President Trump's executive order on cryptocurrencies and comes as the company reports a significant rise in fourth-quarter profits despite ongoing challenges.
President Trump has announced the creation of a Strategic Bitcoin Reserve and Digital Asset Stockpile, facing mixed reactions from crypto enthusiasts and industry experts. Critics argue for bolder actions while others praise the initiative.
