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AI & Enterprise
Reskilling rather than layoffs: Companies' employment changes after AI adoption draw attention
A survey found that as AI adoption spreads, companies tend to retrain existing employees or hire workers needed to use AI rather than conduct mass layoffs. The New York Fed surveyed firms in New York and northern New Jersey. Over the past six months, 4 percent of service firms using AI said they laid off staff because of AI, while manufacturing reported no AI-related layoffs. Training and limited investment were common.
Crypto
TD Cowen cuts bitcoin year-end price target to $97,500
Investment bank TD Cowen cut its year-end bitcoin price target to $97,500 from the $140,000 range, reflecting recent price weakness. The new target assumes bitcoin, trading around $78,000, can rise about 25% by year-end. Analyst Lance Vitanza said the revision reflects price action rather than deteriorating company fundamentals or market structure, and cited regulatory clarity and broader index inclusion as supportive factors.
AI & Enterprise
MindLogic selected as AI Oni-eum service provider to support 120,000 high school students
AI startup MindLogic has been selected as a provider of AI services for the Education Ministry and Korea Student Aid Foundation’s 2026 AI Oni-eum project, it said on Wednesday. The programme aims to narrow gaps in students’ AI experience and capability stemming from economic and regional conditions. It will provide generative AI services and education programmes to 120,000 high school students in vulnerable groups and in rural and fishing communities.
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Crypto
Mexican billionaire Salinas: Don't be fooled by fiat, buy and hold bitcoin
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AI & Enterprise
New book: Slack changes the language of work as an Agentic Work OS with AI
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Crypto
Bitcoin network enters first hashrate bear market, Twenty One Capital CEO says
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AI & Enterprise
Meta unveils real-time speech recognition model Muse Voice Transcribe
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Crypto
Countries with high Bitcoin holdings share weak banking systems
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Crypto
Crypto liquidations surge as oil, yields jump; XRP, Ethereum, Solana stumble
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AI & Enterprise
Douzone Bizon publishes autumn issue of tax accounting web magazine
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Crypto
Bitcoin hits $80,000 then retreats; Kalshi sees $82,000 in September
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Crypto
Tether froze $42 million before court order; David Schwartz defends move
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Finance
U.S. Pentagon AI deputy who led Anthropic exclusion sells Perplexity and xAI stakes
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Telecommunications & Media
KT M Mobile runs prize event for existing customers with Galaxy Z8 giveaways
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Crypto
Bitcoin up 25 percent as ETF inflows surge, cumulative net outflows cut 66 percent
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AI & Enterprise
Bespin Global US partners with Neology on mobility AX
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Crypto
Strategy says selling bitcoin at $60,000 and buying at $80,000 was right at the time
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Crypto
BIS tests XRP Ledger to verify tampering in economic statistics