Visa bet its future on AI — then cut 2,600 of the engineers who build it
In July 2026 Visa cut ~7% of its staff, hitting the technology and product teams that build and run its network — while citing AI as the reason for the cuts.
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In July 2026 Visa cut ~7% of its staff, hitting the technology and product teams that build and run its network — while citing AI as the reason for the cuts.
Lire le casNetEase's hit game 阴阳师 became a ¥6亿 film that grossed only ~¥2.6亿, the weakest of the 2021 Spring Festival slate.
Lire le casIn 2012, Séralini published a study claiming GMO corn caused tumors in rats. It was retracted for methodological flaws, then republished elsewhere.
Lire le casYelp investors said churn hurt local-ad growth sooner than disclosed; the 2017 class action settled for $22.25M.
Lire le casHuiyuan agreed to a $2.4B Coca-Cola buyout and hollowed out its sales network. Regulators blocked the deal in 2009; Huiyuan never recovered and was delisted.
Lire le casA 2023 software update took down Optus's entire Australian network for half a day, triggering a CEO resignation and a parliamentary inquiry.
Lire le casMitsubishi's Singapore oil unit lost $360M in 2019 when trader Wang Xingchen made unauthorized oil derivatives trades.
Lire le casLidl paid an influencer to promote its bakery on Instagram; the post showed a pain suisse. New UK rules made that a banned HFSS ad — among the first such bans.
Lire le casA botched AWS network change stuck 13% of EBS volumes; Heroku's single-region platform kept apps down for up to three days.
Lire le casTimex's Besançon plant since 1962, bought by ACI in 2024, liquidated March 2026 — 63 jobs gone, €3M treasury never returned
Lire le casThe only two daily-fantasy heavyweights merged into a 90% market; the FTC sued under the Clayton Act, and eight months of deal work ended in a walk-away.
Lire le casLotte Duty Free's first own fashion brand, built with dance studio 1MILLION, launched November 2024. Sales ended June 16, 2025; the mall closed July 17.
Lire le casA third-party committee found three Shogakukan decisions on a convicted abuser could be seen as fostering human-rights violations.
Lire le casKanadevia's engine subsidiaries rewrote fuel test data on nearly every marine engine shipped since 1999; executives knew by 2015 and let it run.
Lire le casJapanese anesthesiologist Fujii fabricated data in 183 papers over 20 years. A journal editor's suspicion exposed the largest medical fraud in history.
Lire le casDelivery Hero Korea made restaurants keep Yogiyo cheapest, then Korea fined the platform ₩468M.
Lire le casShi Zhengrong built the world's largest panel maker on debt and a NYSE listing. Overcapacity, a $680M fraud and US tariffs killed it in eighteen months.
Lire le casResearchers showed a nearby attacker could change insulin doses over radio; the old pumps had no software update path, so they were recalled.
Lire le casHackers hijacked the multisig signing screen Bybit used. Signers approved what looked like a routine transfer; 401,000 ETH left the cold wallet.
Lire le casThe tea brand's co-branded notebook copied independent designers. It admitted 'unauthorized appropriation' and pulled it — its second plagiarism in 50 days.
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