Nearly half of the employees currently working at “buy now, pay later” startup Klarna could be replaced by AI in the next few years. Klarna CEO Sebastian Siemiatkowski told The Financial Times last week that the company aims to almost halve its workforce within the next few years, from 3,800 people to 2,000. Instead of
Young People Earning More Than $200,000 a Year Are Fleeing 1 U.S. State — and Flocking to 2 Others
Americans aged 25 to 34 earn an average annual salary of $56,160, according to data compiled by MarketWatch Guides. However, some young U.S. workers are making that figure several times over — and relocating to places where their money will go further. Financial technology company SmartAsset pulled IRS data to rank states by the net
Canva Says Massive Subscription Price Increase Is Due to New AI Features
Is AI worth paying four times as much for a Canva subscription? Design software service Canva is increasing membership prices for users globally, with some U.S. users reporting on X that the cost of five-person team subscriptions has gone up from $120 per year to $500 per year. Canva reportedly told users in an email
Rickea Jackson joins fellow rookie Angel Reese in Unrivaled Basketball League
Los Angeles Sparks rookie sensation Rickea Jackson is the latest addition to Unrivaled Basketball League, the new 3×3 basketball league that will take place in Miami during the WNBA offseason. The league — launched by WNBA stars Napheesa Collier and Breanna Stewart — will begin in January, run for 8 weeks, and be made up
Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC
Polygon, a layer-2 network atop the Ethereum blockchain, will activate an upgrade on Wednesday that swaps out its longstanding MATIC token for a new POL token, allowing for more flexibility on issuance of new supply. While the planned switchover has been well-telegraphed, the changeover could be closely monitored, since the token is widely held across
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist
Donald Trump and his sons have for weeks teased an upcoming cryptocurrency project, but they’ve been light on details in public. Privately, though, the former U.S. president’s inner circle has been quietly shopping around a white paper for World Liberty Financial – and CoinDesk has obtained excerpts. 01:50 Crypto Market Leaders and Laggards in 2023