Tech & Your Wallet
Fintech apps, payment innovations, AI in banking, digital wallets, BNPL changes, and how technology is reshaping how people manage and spend money.
Latest in Tech & Your Wallet
Meta is cutting 8,000 workers on May 20 and canceling 6,000 open roles — while spending up to $135 billion on AI this year
For the roughly 8,000 Meta Platforms employees who opened an internal memo on a late-April morning and learned their roles would be eliminated on May...
Rice-sized solid-state battery targets smart lenses and wearables
The battery is about the size of a grain of rice. It contains no liquid electrolyte. And on 22 April 2026, it was placed inside...
Android users may get cash from Google’s $135M data privacy settlement
Millions of people who carried an Android phone between 2014 and 2019 could be in line for a direct cash payment from Google. A class-action...
Microsoft and OpenAI drop exclusivity, opening talks with rivals
OpenAI’s most powerful AI models were, for years, available in exactly one place: Microsoft’s Azure cloud. That era is over. The two companies have formally...
Google plans up to $40B more for Anthropic in expanded AI partnership
Anthropic, the AI company behind the Claude family of models, is on track to receive up to $40 billion from Google in what would rank...
Amazon’s in-house chips land another big customer win
Amazon’s in-house chips land another big customer win Meta Platforms has agreed to run artificial intelligence workloads on Amazon Web Services infrastructure powered by Graviton,...
Report: Google weighs up to $40B more for Anthropic as Claude gains
Google is in talks to pour as much as $40 billion into Anthropic, the maker of the Claude chatbot, according to The Wall Street Journal....
Google and Microsoft reportedly bid to lease SoftBank’s U.S. data center
Two of the world’s largest cloud computing companies are competing for the same prize: a lease inside a massive artificial intelligence (AI) data center that...
Meta and Microsoft cut jobs as they ramp up spending on AI
In April and May 2026, two of the world’s most valuable technology companies made the same bet: fewer people, more machines. Meta Platforms confirmed it...
Meta is cutting 8,000 employees to save money — while planning to spend up to $135 billion on AI this year
Roughly 8,000 Meta employees are losing their jobs. At the same time, the company is preparing to pour tens of billions of dollars into artificial...
Revolut just replaced its entire app navigation with an AI chatbot for 13 million customers — and your bank is probably next
Revolut has spent the past year quietly assembling the pieces for what could be the most aggressive AI bet in consumer banking. The London-based digital...
OpenAI just bought a personal finance app — and it’s shutting down in 3 days
Hiro, the AI-powered budgeting and investing app, is shutting down on April 20, 2026. If you still have data inside it, you have roughly three...
OpenAI just bought a personal finance app — and it’s shutting down in 3 days
Hiro, the AI-powered personal finance app that let users connect bank accounts, track spending, and get budgeting advice through a conversational interface, is shutting down...
Snap lays off 1,000 — CEO Spiegel explicitly says AI is replacing “repetitive work”
Snap eliminated roughly 1,000 jobs this week, and CEO Evan Spiegel did something most tech executives have carefully avoided: he told his own workforce, in...
Snap slashes 16% of workforce: CEO says AI now replaces “repetitive work”
Snap cut roughly 1,000 jobs this week, eliminating about 16% of its full-time workforce in a restructuring for which CEO Evan Spiegel blamed AI. In...
Amazon inks $11.6B Globalstar deal to power satellite internet ambitions
Amazon just made its most expensive bet yet on satellite internet. The company announced an all-cash-and-stock deal to acquire Globalstar, the satellite communications firm, for...
Block cuts about 40% of staff as company shifts spending to AI
Jack Dorsey’s Block Inc. is eliminating roughly 4,000 jobs, slashing about 40% of its workforce in one of the largest AI-justified layoffs the technology industry...
The top-rated budgeting apps of 2026 ranked by user ratings and monthly cost
Budgeting apps have become one of the most useful tools for people trying to take control of their finances. But as subscription prices climb, users...
Apple Pay and Google Wallet now have hundreds of millions of users: why Americans are ditching cash
Apple Pay and Google Wallet have reached a scale that is reshaping how Americans pay for everyday purchases. Hundreds of millions of people now use...
Goldman Sachs is betting big on AI to automate banking: what it means for your accounts
Goldman Sachs is putting artificial intelligence at the center of its banking operations. The strategy, detailed in Goldman’s latest annual report, shows how automation is...