Marvie Basilan

Following earlier small-scale cuts and a bigger workforce reduction in its freight services arm, Uber is reportedly letting 200 recruiters go in ongoing cost-cutting efforts even as it secures new partnerships. The company previously implemented a "more rigorous approach" in employee performance reviews.

Ripple is very pleased with the in-principle approval it obtained from Singapore's central bank and financial regulator for its digital payment token offerings. The news comes as Ripple fights back against the U.S. SEC in a lawsuit that charges the crypto firm of selling unregistered securities.

Sen. Chuck Schumer is urging lawmakers to push through with AI regulation through "AI insight forums" that will involve input from tech leaders. The proposal comes after the EU, the world's frontrunner in AI regulation, reportedly applied some of the changes ChatGPT maker OpenAI recommended for the bloc's AI Act.

Rep. Lauren Boebert's attempt to force a House vote on President Joe Biden's impeachment isn't getting a lot of support from lawmakers as Kevin McCarthy led the opposing side in calling for GOP leaders to reject the resolution. McCarthy said Boebert bypassed other GOP members about her bid to get a quick floor vote.

Sen. Bernie Sanders has launched an investigation into the alleged poor conditions at Amazon warehouses that were previously pointed out by the OSHA. Sanders said Amazon was "well aware" of the dangers that its employees faced in warehouses but did not take the appropriate measures to protect workers.

OpenAI has been calling for government intervention in regulating artificial intelligence - going as far as recommending an IAEA-like regulatory body for AI, but it turns out the company lobbied European Union officials to score some wins in amendments it wanted on the comprehensive AI Act.

Grab and Olx Group have joined the list of companies that implemented layoffs this month. Grab last slashed its workforce three years back, while Olx Group last reduced its staff in January.

The Biden administration has reportedly reached out to the Cuban government to try to block the deal from moving forward. Washington is concerned that the facility, if established, could lead to China deploying its troops and conducting its security or intelligence operations on the island.

Apple growers in Switzerland are raising concerns over the tech giant's bid to own the intellectual property rights of apple fruit depictions, as they argued that they will have to spend millions if the iPhone maker is granted trademark rights that will force farmers to rebrand or change their group's red apple logo.

Byju's, which was the subject of an April investigation by India's anti-crime agency, has reportedly laid off up to 1,000 employees in a new round of job cuts that affected a wide of range departments. The company has been accused of aggressive sales tactics and a harsh working environment.

Weather officials have issued more than a dozen heat alerts across Texas and Louisiana as the states face high and dangerous temperatures that could reach up to 120 degrees.

The State Department confirmed that Antony Blinken would meet with Chinese President Xi Jinping Monday, but based on the readout of Blinken's meetings with two senior Chinese officials, it appears there has been little progress made on the secretary of state's original agenda for his China state visit.

Indian health and wellness startup Mojocare has joined the growing list of Sequoia-backed companies that have been found with irregularities in financial reporting. The company also recently laid off about 80% of its workforce but denied allegations that any money was taken out of the company.

"It's just irresponsible action that places our service members at risk, places our nation['s] security [at] risk. You cannot have these documents floating around. They need to be secured," Esper said.

More than 400,000 customers are still without power in parts of the southern United States following deadly storms that killed three in Texas and one person in Mississippi. Parts of the region are expected to continue experiencing severe weather through Monday morning.

Google reportedly advised its employees not to input confidential data into its AI chatbot, citing company policies on information security. Alphabet has also reportedly told its artificial intelligence engineers to avoid directly using computer code that chatbots can generate.

Oracle has reportedly cut hundreds of jobs and canceled job offers – one day after the company's stock saw a fifth consecutive hike. One source told Insider that the cuts were implemented largely due to Cerner's issues with the Department of Veterans Affairs over the agency's EHRs.

Federal agencies and some unidentified American companies have been hit by a global cyberattack that exploited a vulnerability in MOVEit Transfer, officials said Thursday. Two DOE entities saw their data compromised in the cyberattack, and Johns Hopkins University said it was investigating a recent cybersecurity attack that affected its network.

Live 95.5 's move didn't go so well with many users – at a time when the industry has been seeing several layoffs and station closures. They slammed the company for its decision to replace DJ Ashley, but the station clarified the real DJ won't lose her job.

Wildfires have ravaged the West for years, but a new analysis showed that fire weather conditions in the region have become much longer and more intense in the past 50 years and researchers believe the phenomena is linked to human-caused climate change.

Francis Suarez came into national view following his efforts to lure tech investors into Miami, and he is joining the 2024 GOP field with little funding, a crowded Republican lineup and investigations into his alleged use of influence to help a local developer with his real estate project.

Sonos has laid off about 7% of its workforce roughly two weeks after it won a million-dollar patent case against Google. The company last cut its global workforce in 2020 as the pandemic hit its business. It is now looking to reduce its real estate footprint in the coming months.

A recent study found that cybercriminals need only at least three seconds to copy someone's voice through cloning tools and use the fake voice to scam people. The FTC has warned of AI-generated voices being used to "enhance" their cyber schemes around family emergencies.

Donald Trump is starting to receive criticism from some GOP members after news of his alleged mishandling of classified documents emerged. Republicans were largely supportive of Trump in his first indictment, but it seems division is brewing as more members turn away this time. Though Trump has pleaded not guilty, some Republicans point out that this time around, he isn't a victim.

Workers, observers and companies are less than thrilled about New York City's minimum wage mandate that requires apps to pay $18 per hour to delivery workers, with some companies saying the city will force them to cover costs. A law professor also argued that the amount isn't enough for a "dangerous" job.

The FTC dimmed hopes for Microsoft to complete its acquisition of Activision Blizzard this month after the court granted the regulator's request for a temporary restraining order and a preliminary injunction. The FTC wants to present its case that the deal will harm cloud gaming competition. The U.K. previously expressed its opposition to the deal over antitrust concerns.

Jay Monahan said Congress left PGA Tour on its own when LIV Golf tried to "buy" the American golf tour organizer's players in the past two years, which then left PGA with no choice but to strike a deal with the Kingdom's public investment fund. The merger was met with outrage by loved ones of 9/11 victims and some players who said they were left in the dark about the deal.

Grubhub is letting hundreds of employees go, months after the food service delivery company was sued by the D.C.'s Karl Racine over alleged "misleading marketing tactics" that resulted in customers paying more than what they were supposed to pay.

Tucker Carlson is busy with his new Twitter show and raking in millions of views on the first two episodes, but Fox News reportedly continues to move to block its ex-host's plans for freedom from a contract that binds him to the network through January 2025.