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EXPLAINED: 2 | Vintage Vibes

Why Google's AI Chief Thinks Tech Giants Are Panicking

For months, a single fear has dominated conversations across the technology industry: will artificial intelligence replace software engineers? As layoffs continue to sweep through major companies, many workers have begun to wonder whether AI is becoming a replacement rather than a tool. But one of the most respected voices in…

MyLifeXP

Jamie Dimon slams Coinbase CEO as 'full of sh*t' and warns banks won't accept crypto bill

"No one's gonna bow down to this guy or that company."

Fortune

Crypto exchange Coinbase to introduce INR rails in India

Coinbase has launched direct rupee deposits and withdrawals in India, a move that gives it a significant advantage over rivals like Binance. The exchange aims to capture a large share of both retail and institutional customers by offering over 500 crypto assets and actively engaging with regulators and potential partners…

The Economic Times

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As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended

From Meta's 50-to-1 reporting ratios to Coinbase's latest layoffs, CEOs are racing to flatten their org charts. The results aren't always what they expect.

Fortune

Coinbase, Kalshi bring regulated perpetual crypto futures to US investors

Perpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders to maintain positions indefinitely without the need to roll over contracts. These ‌instruments also permit ⁠high ⁠degrees of leverage - often as much as 50-to-1 - enabling investors to amplify their exposure to market moves.

The Economic Times

The AI arms race in cybersecurity has started. Most companies aren't ready

Coinbase's head of security offers tips for companies to secure themselves against a new breed of AI threats.

Fortune

Base Unveils AI Wallet Tool As Crypto Firms Expand Agent-Based Trading Infrastructure

Base, the Ethereum layer-2 network backed by Coinbase, has launched a new infrastructure tool that connects cryptocurrency wallets directly to artificial intelligence agents.

International Business Times

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Coinbase pushes further into AI payments with new MCP for Base network

The launch is the latest development in the fast-emerging world of agentic commerce being built by Stripe, Coinbase and others.

Fortune

Coinbase Global Says New Crypto Rules Could Unleash Its ‘Everything Exchange’

Coinbase Global (NASDAQ:COIN) executives said the company is preparing for a broader expansion of crypto trading, stablecoin payments, derivatives, tokenized assets and AI-driven commerce, with pending U.S. market structure legislation viewed as a potential catalyst. Speaking at JPMorgan’s TMC Conf

MarketBeat

The Token Takeover: SEC Triggers Market Quake

Coinbase Global and Hyperliquid Strategies are ideally positioned to capture institutional capital as tokenized securities modernize global equity markets.

MarketBeat

‘I didn’t want to be the guinea pig’: inside tech’s AI-fueled manager purge

Tech workers say AI-driven restructurings are eroding mentorship, support and paths to promotion across Silicon Valley

The Guardian - US

Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?

The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. history. The Senate Banking Committee debates over 100 amendments before deciding whether to advance the 309-page Digital Asset Market CLARITY Act to the full Senate floor. The White…

The Economic Times

Read LinkedIn CEO's Internal Memo Announcing Layoffs as Reports Say 5% of 17,500 Workforce Faces Cuts

LinkedIn is cutting 5% of its workforce, affecting 875 employees globally, as part of a restructuring effort to focus on high-priority infrastructure and cost-saving measures.

International Business Times UK

Who Is Brock Pierce, the Crypto Millionaire Tied to Epstein and a Golden Trump Statue in Florida?

A golden statue of President Donald Trump unveiled at his Doral golf resort in Florida is drawing new scrutiny after cryptocurrency entrepreneur Brock Pierce, a documented associate of Jeffrey Epstein, appeared as a central figure at the ribbon-cutting ceremony.

Latin Times

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Barchart

As Coinbase Lays Off 14% of Its Staff, Here's How to Play COIN Stock Now

Coinbase is cutting 14% of its workforce. Here's what the Q1 earnings show, what's driving the decision, and how investors should think about COIN stock now.

International Business Times

Crypto, Fintech Layoffs Accelerate As Firms Reshape Workforces Amid AI Adoption And Market Slowdown

Companies in digital assets and payments are reducing headcount while shifting toward automation and cost efficiency in response to ongoing market and technology changes.

Fortune

Silicon Valley’s ‘player‑coach’ fantasy misses the point of good managers

Also: All the news and watercooler chat from Fortune.

TechRadar

Freshworks and Coinbase announce more than 1 in 10 jobs to go as companies replace workforce with AI technologies — tech company layoffs near 100K in 2026 alone

Freshworks and Coinbase are joining the list of companies laying off employees due to AI in 2026

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International Business Times UK

Coinbase Layoff Email Stuns Staff — CEO Says 'AI Can Do Weeks Of Work In Days' As 14% Jobs Cut

Coinbase CEO Brian Armstrong announces a 14% workforce reduction, citing AI's transformative impact on operations and the need for a leaner company structure.

Fortune

Coinbase's Brian Armstrong replacing 'pure managers' with 'player-coaches' is another sign the org chart is changing in a big way

A landmark KPMG index finds boards demanding transformation, execs spending billions on tech, and the people caught in the middle burning out.

International Business Times

Coinbase To Cut 14% Of Workforce As AI Push And Crypto Slump Reshape Operations

Coinbase said Tuesday it will cut about 14% of its global workforce, or roughly 700 jobs.

Fortune

Coinbase didn't just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down

“We are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate,” CEO Brian Armstrong said.

Barchart

Coinbase Layoffs Have Crypto Bros Down Bad as AI Takes Their Jobs. Don’t Be Surprised If They Get Rehired Soonish.

Coinbase is blaming AI for 14% layoffs, but experts are skeptical this excuse will hold.

International Business Times

Crypto CLARITY Act Heads Toward Senate Test After Stablecoin Compromise Breaks Deadlock

The U.S. Senate is moving closer to its next decision point on the Digital Asset Market Clarity Act, a sweeping crypto market structure bill.

Fortune

Bitcoin breaks $80k as long-awaited CLARITY Act approaches finish line

‘We’re in the red zone,” Senate Banking Committee chairman Tim Scott said

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