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Cross-border payroll runs on $200B and zero shared infrastructure

July 1, 2026 Emily Chen
Every year, more than $200 billion in employer-originated wages crosses international borders The money moves through a patchwork of local banks, regional p...
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Microsoft plans to cut under 2.5% of its workforce in a fresh round of layoffs

July 1, 2026 Emily Chen
Microsoft Prepares for Another Round of Layoffs Microsoft is preparing to cut under 2.5% of its workforce, according to a Business Insider report picked up ...
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US lifts export controls on Anthropic’s Fable 5, clearing the model’s return

July 1, 2026 Emily Chen
US Commerce Department Lifts Export Controls on Anthropic's Advanced Models The US Commerce Department has lifted the export controls it placed on Anthropic’s...
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AI hardware demand keeps Asia’s factories humming as the Iran war bites

July 1, 2026 Emily Chen
Asia's Factory Output Rebounds in June, Driven by Global AI Hardware Demand Asia’s factories grew again in June, and the global scramble for AI hardware is do...
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South Korea accuses Google of abusing Android app-store power over ‘Project Hug’

July 1, 2026 Emily Chen
South Korea's Competition Regulator Accuses Google of Abusing Dominant Position in Android App Market South Korea’s competition regulator has accused Google ...
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Uber-backed Lime prices its IPO at $25 a share, raising about $174m

July 1, 2026 Emily Chen
Lime Prices IPO at $25 a Share Lime has priced its US initial public offering (IPO) at $25 a share, according to Bloomberg News . This price falls within t...
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Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle

July 1, 2026 Emily Chen
A Consortium of Financial Giants Launches Open USD A consortium of more than 140 financial and technology companies, including Visa, Mastercard, Stripe, and C...
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Bending Spoons prices IPO above range to raise $1.68bn ahead of Nasdaq debut

July 1, 2026 Emily Chen
Bending Spoons' IPO: A Glance at the Numbers Bending Spoons , the Milan software group behind platforms like Vimeo, WeTransfer, and Evernote, has priced its ...
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OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI

July 1, 2026 Emily Chen
CBC's Tech Spending Plans CBC plans to raise its annual technology spending to more than $771 million , according to Bloomberg , as Singapore’s second-large...
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EU tech chief and Tim Cook hold ‘constructive’ talks as Siri AI stays blocked in Europe

July 1, 2026 Emily Chen
Apple CEO Tim Cook and EU's Henna Virkkunen Have "Constructive" Video Call Apple chief executive Tim Cook and the European Union’s technology chie...
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