News

Zheng Yongnian, a professor at Chinese University of Hong Kong (Shenzhen), argues that AI's rapid development and centralized ...
The tech industry continues to face significant job cuts in 2025, with over 62,000 employees laid off in the first five ...
What do bananas, cloud servers, cartoon mice, and luxury cars have in common? They’ve all been part of 2025’s wave of layoffs ...
Tax policy plays a huge and, unfortunately, often unpredictable role in stimulating certain activities. This important change ...
Section 174 of the US IRC was updated in 2022, and companies can no longer claim immediate 100% tax deductions for expenses ...
U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges as uncertainty over the impact of trade wars lingers. New applications for jobless benefits ...
U.S. layoffs so far this year are at their highest levels since 2020 as Elon Musk's Department of Government Efficiency and ...
Citigroup to cut 3,500 tech jobs in China by Q4 2025 to streamline operations and improve risk management, retaining around 2 ...
U.S. data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year ...
U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges as uncertainty over ...
Elon Musk and hundreds of other tech mavens wrote an open letter two years ago warning AI would 'automate away all the jobs' ...
Companies such as UPS, Meta, Microsoft, BlackRock, and Block are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.