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Amazon Job Cuts Deliver Another Blow to Seattle Area’s Tech Workforce

Amazon Job Cuts Deliver Another Blow to Seattle Area’s Tech Workforce

by Midsou_Admin | Jan 30, 2026 | Uncategorized

Amazon’s job cuts announced this week delivered another blow to the tech labor force in the company’s headquarters city of Seattle, which was already losing jobs, Bloomberg reported Friday (Jan. 30). The 16,000 layoffs included 1,400 in Seattle and 700 in...
American Express Counts on Millennials to Power Spending Through 2026

American Express Counts on Millennials to Power Spending Through 2026

by Midsou_Admin | Jan 30, 2026 | Uncategorized

American Express released its latest earnings results on Friday (Jan. 30), closing 2025 with a familiar refrain and as it claimed a demographic edge in card spending: younger card members are carrying more of the load. Executives said millennials and Generation Z now...
Visa Credentials Soar as Payments Hyperscaler Eyes Agentic Commerce

Visa Credentials Soar as Payments Hyperscaler Eyes Agentic Commerce

by Midsou_Admin | Jan 29, 2026 | Uncategorized

Visa entered fiscal 2026 with ample evidence that credentials, and not just cards, now anchor its global payments architecture. Management commentary spanned agentic commerce, stablecoins, as well as in B2B and P2P money movement, and CEO Ryan McInerney said during...
Apple Signals AI Will Power Payments Security and Growth

Apple Signals AI Will Power Payments Security and Growth

by Midsou_Admin | Jan 29, 2026 | Uncategorized

Apple just turned in what CEO Tim Cook called “a quarter for the record books” Thursday (Jan. 29) and the headline numbers back him up. But for the banking, payments and digital commerce crowd, the more interesting thread running through Apple’s fiscal 2026...
Saks Global to Shutter Majority of off-Price Stores in Shift to Luxury Focus

Saks Global to Shutter Majority of off-Price Stores in Shift to Luxury Focus

by Midsou_Admin | Jan 29, 2026 | Uncategorized

Saks Global will wind down the majority of its off-price operations, including most Saks OFF 5TH locations and all Neiman Marcus Last Call stores, Reuters reported Thursday (Jan. 29). The conglomerate, which filed for Chapter 11 protection earlier this month, stated...
Google DeepMind Introduces Project Genie for Interactive AI World Building

Google DeepMind Introduces Project Genie for Interactive AI World Building

by Midsou_Admin | Jan 29, 2026 | Uncategorized

Google DeepMind has introduced Project Genie, an experimental research prototype that uses its latest world-model artificial intelligence (AI) to generate and explore interactive virtual environments, according to a Thursday (Jan. 29) blog post on Google’s Innovation...
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