Author: Press Room
As Salesforce begins another round of layoffs, the company’s standard severance plan appears to offer employees a softer landing than many of its Big Tech peers.Internal documents reviewed by Business Insider show that eligible U.S. workers can receive up to 30 weeks of severance, a package that appears more generous than those recently offered by companies including Oracle, Amazon, and Block.Salesforce on Monday started notifying employees about layoffs, according to people familiar with the matter and a regulatory notice in California. The layoffs come amid concerns that AI tools and agents could replace traditional software, including the company’s main customer…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 9, 2026 Russia Deputy Finance Minister Ivan Chebeskov disclosed on June 9, on the sidelines of the St. Petersburg International Economic Forum (SPIEF 2026), that Moscow is preparing fees, trading limits, and technical safeguards specifically targeting so-called unfriendly crypto assets, naming USDT, USDC, and BNB by name. Freedom Global analyst Vladimir Chernov estimates those fees at…
Anthropic’s powerful new models deliberately become less helpful when they detect users are working on AI research, according to technical disclosures that are already sparking controversy across the industry.In a system card for Mythos 5 and Fable 5 published Tuesday, Anthropic said it limited the models’ usefulness for tasks related to developing frontier large language models.The company said the measures stem from concerns that advanced AI systems could accelerate the development of competing models without equivalent safety protections.Unlike safeguards used for cybersecurity, biology, or chemistry-related risks, Anthropic said these interventions are intentionally invisible to users. Rather than refusing requests or…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 9, 2026 XRP price is printing a modest 3% jump ahead of a…
You no longer have to haul French sunscreens home from your vacation — or pay exorbitant shipping fees — to get your hands on the good stuff.The FDA just approved bemotrizinol (BEMT), an ingredient used in European and Asian sunscreens for over 20 years. It’s the first upgrade to US sunscreen this century.BEMT is a chemical UV filter that absorbs both UVA and UVB rays, and doesn’t break down easily when exposed to sunlight, making it more effective at protecting against skin cancer and preventing wrinkles.Due to regulatory differences, the US’s sunscreen formulas have remained notoriously old-fashioned, lagging behind other…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 9, 2026 Ethereum News: ETH Price is trading at $1,691, clawing back from a June low near $1,505 but still pinned below the resistance zone that has capped every rally since April. BitMine Immersion Technologies just executed its largest weekly Ethereum accumulation of 2026, 126,971 ETH added during the dip, yet the MACD remains deeply negative,…
The next phase of the AI race is on.With OpenAI’s Monday confidential S-1 filing following in the footsteps of Antrhopic’s, the two premiere AI labs are now officially in the IPO race. SpaceX, which includes Elon Musk’s xAI, has a head start, and goes public later this week.While OpenAI left the door open on its timing, warning that “it may be a while” before it actually publicly lists its shares, the AI labs are moving from an era of closed-door tinkering as a private companies into the world of public earnings calls, financial disclosures, and the regulation that comes with…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 9, 2026 Chainlink News: Kalshi launched LINKPERP on June 8, the first CFTC-regulated perpetual futures contract for Chainlink available to U.S. traders, as institutional ETF net assets in LINK crossed $101.21 million with zero outflow days since December 2 inception. The regulatory milestone lands while LINK trades near $7.88, the lowest it has been for a…
General Motors wants to use the parked EV in your garage to power the energy grid and potentially lower your utility bills.The legacy automaker is pitching EV batteries as a power source that could help utility companies manage surging electricity demand, as households see rate increases and the US sees historic levels of energy consumption amid the AI data center build-out.In an open letter to utility executives and energy lawmakers on Tuesday, GM called on utility agencies, regulators, and automakers for a “public-private collaboration” that could make it easier for EV drivers to send power back to the grid. Stakeholders…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 9, 2026 A coalition of more than 200 crypto companies sent a joint letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on June 7–8, demanding a floor vote on the CLARITY Act “without delay”, with Coinbase, Ripple, Kraken, Circle, Binance US, and Andreessen Horowitz among the most prominent signatories. The bill cleared…