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In a recent interview with Brazilian financial news portal Infomoney, Cathie Wood said Bitcoin Is Coming for Gold's Global Market.

We're only 19 days into the new year and layoffs have already cost the video games industry shrink by over 3,400 jobs.

Google will cut 100 employees at YouTube, continuing layoffs after shedding over 1,000 jobs. YouTube's chief business officer, Mary Ellen Coe, notified workers, saying roles are eliminated. Layoffs primarily affect employees supporting content creators. Google has been looking to cut costs for over a year. YouTube has struggled with advertising slowdown and competition from TikTok.

Tech Layoffs: The layoffs, which were earlier reported by the blog Tubefilter, primarily affect groups of employees who offer support to YouTube's millions of content creators, two people with knowledge of the cuts said.

The tech industry is experiencing a wave of job cuts while also investing heavily in artificial intelligence (AI) technology. While not all layoffs are directly linked to AI, companies are reallocating resources and citing AI as a reason for rethinking headcounts. More than 5,500 tech employees have lost their jobs in the first two weeks of 2024. The recent cuts come after a challenging period for the industry, with hundreds of thousands of jobs lost due to the pandemic. As AI continues to reshape the business landscape, concerns are raised about its impact on the labor market and disparities ...