SAP is restructuring 8,000 jobs to “focus” on artificial intelligence

The Technology section is powered by Favbet Tech The restructuring will affect more than 7% of the German software company’s total of 108,000 full-time employees. In a…

FTX Lawyers: “Significant Amount” of Crypto Exchange Assets Stolen or Disappeared

During FTX’s first Chapter 11 hearing in Delaware on Tuesday, restructuring attorney James Bromley said a “significant amount” of the crypto exchange’s assets have disappeared or been…

China fines Ant Group more than $1 billion, signaling the end of its restructuring — Reuters

Chinese authorities are preparing to impose a fine of more than $1 billion on Jack Ma’s Ant Group, setting the stage for an end to the company’s…