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In Other News: McDonald's Bet On China, Spy Dolphins, And AI Layoffs Vs. Stocks
CNBC· 2026-05-17 15:00
By one estimate, more than 112,000 jobs in the US have been lost to AI since the start of 2025. MIT also released a study in November showing that AI can already do the job of 11.7% of the US labor market and save companies as much as $1.2% trillion in wages across finance, health care and other professional services. While companies have often framed these cuts as a way to boost efficiency and shift focus toward new technologies, investors themselves don't really seem convinced that these layoffs will impr ...
X @Cassandra Unchained
Cassandra Unchained· 2026-05-15 13:52
New Article - First in a Six-Part Series Covering 46 Software & Payments Stocks -D'ai of the Triffids: Office Software Triagehttps://t.co/AMtTFcpRtM https://t.co/0ilRF7BYAt ...
X @Cointelegraph
Cointelegraph· 2026-05-15 04:40AI Processing
⚡️ NEW: Microsoft is canceling most of its Claude Code licenses and shifting thousands of developers to GitHub Copilot CLI instead, per The Verge. https://t.co/OLuN0QPE8P ...
X @Bloomberg
Bloomberg· 2026-05-11 20:50
Software company ServiceNow is looking to raise about $4 billion from a potential US high-grade bond sale tied to the software firm’s recent acquisitions https://t.co/4MSLKNZ73Y ...