Microsoft announces layoffs that will impact at least 6,000 employees

Microsoft is laying off more than 6,000 employees, around three percent of the company’s entire workforce. These are the biggest job cuts at Microsoft since it laid off 10,000 employees in 2023, and will impact employees across Microsoft’s businesses. “We continue to implement organizational changes necessary to best position the company for success in a … Read more

Gibraltar to Establish Crypto Derivatives Clearing, Settlement Rules to Enhance Market Integrity

The Gibraltar government said it plans to establish the world’s first rules for the clearing and settlement of crypto derivatives, creating a regulatory framework to improve market integrity and reduce key risks. Working with the Gibraltar Financial Services Commission (GFSC) and crypto exchange Bullish (whose owner, Bullish Group, is also the parent of CoinDesk), the … Read more

Nintendo might brick your Switch if you break the rules

Console modding enthusiasts beware, Nintendo might take away your system. According to a recently updated account services user agreement and privacy policy, Nintendo reserves the right to, “render the Nintendo Account Services and / or the applicable Nintendo device permanently unusable in whole or in part.” The change, first reported by Game File, came with … Read more

Apple will add App Store accessibility labels and new support for brain interface controls

Magnifier for Mac A wave of accessibility announcements today from Apple reveals updates that should help people read, see, and even speak via its various devices. We’ll highlight a few here, but Apple’s press release has the complete list, including changes to features that can both reduce distracting background sounds and, for users who may … Read more

Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloomberg

Andrew Peel has left his role as Morgan Stanley’s (MS) head of digital asset markets to launch a crypto investment and tech firm in Zug, Switzerland, Bloomberg reported Tuesday. The venture will focus on tokenized funds and trading tools bridging traditional finance and DeFi, according to Bloomberg. Peel, a former Credit Suisse trader who joined … Read more

$1B Bitcoin exits Coinbase in a day as analysts warn of supply shock

Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9. On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of … Read more

Notion takes on AI-notetakers like Granola with its own transcription feature

Meeting transcription space is a hot commodity for all productivity suites. Companies like ClickUp and Zoom have added transcription with an AI summary to take on another upstart in this vertical, including Read AI, Zoom’s assistant, Circleback, Granola, or Otter. The latest entrant in the race to build meeting transcription tools is Notion. The company is rolling out an … Read more