Gif: reissofficial / TikTok Gray airport security trays are the modern silver platter for social media influencers this summer. Photos of luxury goods artfully posed in the checkpoint bins took over certain corners of Instagram and other platforms. While the “TSA tray aesthetic” portrays an elevated level of status, it also spotlights one of the
Tag: Business News
Amazon is adding more ‘Just Walk Out’ stores to NFL stadiums and college campuses
A customer and employee at an Amazon Fresh store. Image: Leon Neal (Getty Images) In This Story Amazon AMZN plans to install more of its Just Walk Out technology at NFL stadiums and college campuses throughout the U.S. the fall, the company said in a statement on Tuesday. Suggested Reading Why you should consider investing
Nvidia has been subpoenaed by the Justice Department in its antitrust probe
Photo: Justin Sullivan (Getty Images) In This Story A week after reporting another record quarter , chipmaker Nvidia NVDA has reportedly been subpoenaed by the U.S. Department of Justice over complaints that it is violating antitrust laws . Suggested Reading Why you should consider investing in international stocks ahead of the Fed’s rate cut decision
Chase Bank Viral ‘Glitch’ Is Just Plain Old Bank Fraud, Company Says
A “new” TikTok trend claiming people could get free money from Chase Bank ATMs is nothing more than old-fashioned check fraud, the company says. The trend involved depositing a check for a high amount and taking out most of the money before the check bounced. On Thursday, a post about the scam on X was
Klarna CEO Says AI Could Help Reduce Company Headcount By 50%
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
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
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Decentralized finance (DeFi) protocol Penpie, built on top of tokenized yield platform Pendle, suffered an exploit on Wednesday, crypto observers reported. The alleged exploiter drained roughly $27 million of crypto assets including various types of staked ether (ETH), Ethena’s sUSDE and wrapped USDC stablecoin from the protocol, blockchain data shows. Later, it converted the proceeds