Meta is cutting about 8,000 jobs and closing thousands of open roles as it shifts spending heavily into AI. Microsoft is offering voluntary buyouts to thousands of US staff while both companies cut costs amid rising AI investment.
AnaisYouTube is giving celebrities access to a tool that detects and flags AI deepfake videos using their likeness, allowing them to request removal. The move comes as realistic AI videos spread quickly online, raising concerns over misuse, misinformation, and damage to reputations.
AnaisRobinhood has received in-principle approval from Singapore’s MAS to move closer to offering brokerage services, including trading, custody and investment products. It still needs to meet regulatory conditions before it can officially launch in the country.
WeatherlyKuCoin has launched its KuCard in Australia, letting users spend crypto directly at Mastercard merchants with automatic conversion to fiat at checkout. The service, built with Immersve, supports USDC and 37 trading pairs and works with Apple Pay and Google Pay for everyday payments.
AnaisScallop lost about 150,000 SUI after an attacker exploited an old rewards contract, while the main protocol and user funds were not affected. The bug let the attacker inflate rewards and drain the pool, showing risks from unused code still active on-chain.
WeatherlyEvan Tangeman was jailed for 70 months for helping launder money from a $263 million crypto theft ring. He worked with a group linked to Singapore figure Malone Lam, turning stolen crypto into cash and luxury goods.
AnaisA Chinese model found her face had been used without permission in an AI-generated microdrama, where she was shown as a violent villain. She says the use of her image came from photos she had posted online and has now taken legal steps against the platform behind the show.
WeatherlyWestern Union will launch its USD-backed stablecoin USDPT on Solana in May 2026 for settlement with agents, not direct consumer use. It is also building a wallet-to-cash network and a stablecoin card for wider spending later in the year.
AnaisK Bank is working with Ripple to test blockchain remittances for faster and cheaper cross-border payments. The trial is being done in phases, including on-chain transfers to countries like the UAE and Thailand.
WeatherlyxAI’s court fight with Colorado over its AI law has been paused while both sides review possible changes and halt enforcement for now. The case centres on claims the law forces bias in AI systems, with the US Justice Department backing xAI’s constitutional challenge.
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