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Oracle is cutting thousands of jobs because of financial struggles related to AI.

Oracle is cutting thousands of jobs because of financial struggles related to AI.

Oracle Plans Job Cuts Amid Financial Strain Oracle, the enterprise software giant, is gearing up to eliminate thousands of jobs as it navigates a cash crunch tied to its ambitious AI data center expansion, as reported on Thursday. Historically, Oracle has been a smaller player in the cloud market, but it’s recently ascended to prominence […]

LAUSD superintendent Alberto Carvalho under FBI investigation related to $6M AI contract

LAUSD superintendent Alberto Carvalho under FBI investigation related to $6M AI contract

The federal probe into the Los Angeles Unified School District’s superintendent, which involved searches of both his home and school offices, appears tied to a failed multimillion-dollar AI contract, possibly involving conflicts of interest. Alberto Carvalho previously inked a $6 million deal with AllHere, an education technology firm, which included an upfront payment of $3 […]

Justice Department investigates if any Epstein documents related to Trump were improperly kept back.

Justice Department investigates if any Epstein documents related to Trump were improperly kept back.

Justice Department Investigates Epstein File Release WASHINGTON — The Justice Department is looking into whether it inadvertently withheld certain files related to Jeffrey Epstein, including information concerning President Trump. Last month, the department made available millions of documents tied to Epstein, a convicted pedophile. However, it seems that files detailing unverified allegations of the president’s […]

Instagram introduces a new system to notify parents if their child is looking for content related to suicide and self-harm.

Instagram introduces a new system to notify parents if their child is looking for content related to suicide and self-harm.

Instagram’s New Alerts for Parents on Suicide-Related Searches Instagram is set to start alerting parents if their child frequently searches for content related to suicide within a short timeframe, as announced by a company spokesperson on Thursday. The new reporting feature will be available to parents utilizing Instagram’s parental monitoring tools starting next week. Meta, […]

These stocks related to bitcoin are outperforming BTC: Crypto Daybook Americas

These stocks related to bitcoin are outperforming BTC: Crypto Daybook Americas

Traders looking for solid returns might want to keep an eye on US-listed Bitcoin mining stocks. Interestingly, some companies in this sector have managed to grow quickly by reducing their dependence on the unpredictable cryptocurrency price swings. For instance, Terrawolf (WULF) shares have soared by 31% this month, despite Bitcoin’s price dropping nearly 17%. Similarly, […]

Major cryptocurrency exchange responds to claims of transferring billions related to Iran.

Major cryptocurrency exchange responds to claims of transferring billions related to Iran.

On Tuesday, Binance, the cryptocurrency exchange, pushed back against a Wall Street Journal article, calling it “false information” regarding the supposed firing of an employee who was looking into funds sent to sanctioned entities. Richard Teng, Binance’s co-CEO, contended that the Journal reported inaccurately about their compliance protocols. He mentioned in an X post that […]

Detroit Police Sgt. Denise Wallet sues over suspension related to CBP contact

Detroit Police Sgt. Denise Wallet sues over suspension related to CBP contact

Detroit Police Sergeant Files Lawsuit After Suspension Detroit Police Sergeant Dennis Wallet has initiated a federal lawsuit against the city after being suspended for 30 days without pay. This suspension stems from claims that she contacted U.S. Customs and Border Protection (CBP) during a routine traffic stop. Wallet argues that her suspension infringed upon her […]