Business / Finance
Canva announces major job cuts after 'our hardest year yet'
CEO Melanie Perkins says more than 1,000 staff will either lose their jobs or be asked to change roles.
Poundland supplier 'will lose millions' if retailer collapses
One of Poundland's suppliers will lose millions if it collapses, while other suppliers have said they would go under.
Live updates: 2026 U.S. midterm elections and results as first polls close
Voters are choosing who will represent them in the House, Senate and state-wide seats.
RUNE rallies 15% as THORChain restarts most swaps after halt
THORChain has restored trading on Bitcoin, Ethereum and several other networks following a refund bug, while three chains remain paused.
OpenAI Wants to Rebrand AI Data Centers, Use Them to 'Protect the Grid'
The ChatGPT maker says future facilities could ease pressure on power grids by cutting demand during emergencies.
What voters said about their views on crypto
A CoinDesk-commissioned poll from April sheds light on how voters — who aren't necessarily part of the crypto sector — view this industry.
US midterms election 2026 live: What they mean for crypto
Follow live coverage of the 2026 US midterm elections, including key congressional races, crypto-backed candidates and what the results could mean for digital asset regulation.
What happens if North Korea steals Wall Street's tokenized assets next
The $6.3 billion Binance hack showed how quickly cryptocurrencies can disappear on blockchain rails. Tokenized securities may offer better recourse than crypto after a theft, but …
Tether Holds 150,000 Bitcoin, CEO Says—About 50,000 More Than Its Reserve Report Shows
Paolo Ardoino told the Plan ₿ Forum in Lugano the company owns “give or take 150,000 Bitcoin,” but its Q3 reserve report implies just 100,060.
OpenAI hires Uber President Jill Hazelbaker to lead communications, filling a critical role that was curiously vacant for 10 months
Hazelbaker turned down the role in the spring, Fortune previously reported. But now it seems OpenAI has made her an offer she cannot refuse.
US tech stocks recover after selloff spooks investors over AI spending
Midterms didn’t appear to have huge impact, though predicted wins for Democrats could mean more regulationUS tech stocks made a recovery Tuesday afternoon after a selloff spooked …
CFTC gets into legal clash over stock perps after having cleared path for crypto version
A group backed by Citadel Securities and other firms sued the U.S. derivatives regulator for opening a path for perps that it argued belong in the SEC's hands.
Apple warns rogue AI agents could ‘conceal’ and ‘manipulate,’ causing unintended consequences for its business
The iPhone maker said AI agents could access systems without authorization and cause damage.
Anthropic's AI Is Getting Cheaper to Use. That's Becoming a Problem for Its Business
Claude's prices are falling, but Anthropic's computing expenses grew faster than sales in the latest quarter—a tricky equation ahead of its IPO.
SpaceX blocks tokenized stock listing on OKXICE despite offshore trading boom
SpaceX joined several other issuers objecting to OKXICE tokenized trading, months after crypto platforms offered tokens tied to its shares.
AI ‘godfather’ Geoffrey Hinton: it might turn out we were better off without AI
Nobel winner warns the tech could be near to triggering major incident such as power or banking shutdownOne of the “godfathers of AI”, Geoffrey Hinton, has said it could turn out …
OpenAI’s hiring of former Army Secretary just 2 months after Pentagon resignation is part of a ‘trend’ of it pivoting resources to defense projects
Former U.S. Army Secretary Dan Driscoll’s new role at OpenAI could raise some conflict of interest concerns, according to American University Professor Gwanhoo Lee.
CrowdStrike Launches AI Agent 'Kill Switch,' Plans to Acquire Fiddler AI
CrowdStrike's new kill switch lets security teams cut off unauthorized AI agents through a gateway, while its planned Fiddler acquisition aims to make autonomous software easier t…
‘You have to be willing to make those hard choices’: Freshworks CEO on crossing $1 billion in ARR with 30% fewer employees in the AI software age
Freshworks killed “$5 million ideas” and moved early-career work to AI, Woodside told Fortune. It was like "saying to somebody that your baby's ugly."
‘We were wrong’: From Dewey to Trump, the polling misses hanging over the 2026 midterm forecasts
Forecasters favor Democrats on Election Day. But response rates have collapsed, and presidential polls have missed toward Democrats three cycles running. (153 characters)
Justin Sun Accuses Trump-Backed World Liberty of Using UAE Ties to Escape Federal Court
Tron founder Justin Sun said he has asked a federal court to sanction World Liberty Financial, alleging the Trump family-backed venture delayed disclosing UAE ties that could defe…
CFTC clears stock perpetual futures for trading on US exchanges
US regulators are opening the door to stock-based perpetual futures, extending a popular crypto trading product into traditional markets amid ongoing legal disputes.
Republicans pitch 3.5% income tax cap as an affordability fix in North Carolina—but Gov. Josh Stein says it won’t put ‘more money in anyone’s pockets’
A proposed constitutional amendment, if it passes, wouldn’t immediately lower income taxes—but would cap the state income tax at 3.5%.
Musk says Grok Bot’s costs are ‘unsustainably high,’ while OpenAI admits Dots are ‘compute heavy.’ Is the personal AI agent push dead on arrival?
At a dinner in NYC, the head of ChatGPT lays out OpenAI's vision for agentic AI, but it faces some serious challenges.