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Wall Street loves to team up when tech threatens its business

Tue, 05/05/2026 - 09:28

Tech Insider : Business

Tech, business-insider-today, Newsletters, Newsletter

Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter

Tue, 05/05/2026 - 09:27

Tech Insider : Business, Crypto

Mad Lib gif — Crypto firm Coinbase is the latest company to announce layoffs.
Rebecca Zisser/BI

Coinbase is laying off 14% of its staff.
Its CEO cited AI as the key reason for this, as it pivots to tiny teams and away from layers of management.
The CEO's memo to staff had all the classic ingredients of a 2026 layoff letter.

Same story, different company.

Tech, Coinbase, Tech, Layoffs

This new AI model hears your tone, senses your mood, and talks back like a real human. Siri could never.

Tue, 05/05/2026 - 09:00

Tech Insider : Business, Style, Technology

Inworld CEO Kylan Gibbs writes on a whiteboard at the AI startup's Silicon Valley headquarters
Alistair Barr/Business Insider

AI, Tech, inworld, DeepMind, Startups, artificial-intelligence, generative-ai

Harvey's CEO says AI agents are picking up more work that human lawyers used to do

Tue, 05/05/2026 - 08:01

Tech Insider : Business

Winston Weinberg speaks into a microphone while holding a presentation clicker beside a Harvey banner. — Winston Weinberg is the CEO of Harvey.
Harvey

Tech, AI, Law, Careers, legal-ai, legal-tech, Startups

Intel hires Qualcomm veteran Alex Katouzian to lead a new Client Computing and Physical AI group

Tue, 05/05/2026 - 07:30

TNW News

Lip-Bu Tan’s leadership of Intel has, since the early months of his tenure, run on a single recognisable pattern: hire from rivals, restructure around the new hires, and rebuild the bench. On Monday Intel announced its latest such move. Alex Katouzian, a 25-year Qualcomm veteran most recently running its mobile, compute, and extended-reality businesses, joins […]