Coinbase Global Inc. ( COIN ) shares are trading higher Wednesday after the company launched Coinbase Payments, a new stablecoin-based payment infrastructure aimed at streamlining global e-commerce transactions. What To Know: The platform is built around USDC, a widely used stablecoin pegged to the U.S. dollar. It removes the technical complexity of blockchain from the merchant and customer experience, allowing...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

(Reuters) -Microsoft ( MSFT ) is planning to cut thousands of jobs, particularly in sales, as part of a broader effort to streamline its workforce while ramping up investments in artificial intelligence, Bloomberg News reported on Wednesday. The layoffs are expected to be announced early next month, following the end of the tech giant's fiscal year, the report said, citing...

02:38 PM EDT, 06/18/2025 (MT Newswires) -- Microsoft ( MSFT ) is planning to cut thousands more jobs, with a focus on the sales team, as part of the tech giant's latest effort to trim its workforce amid heavy investment in artificial intelligence, Bloomberg reported Wednesday, citing people familiar with the matter. The terminations are expected to be announced in...