The Internal Revenue Service (IRS) has released updated guidance to clarify how workers can claim deductions under the “No Tax on Tips” provision — one of the more popular measures within President Donald Trump’s One Big Beautiful Bill. The update, issued Friday (Nov. 21), also offers “transition relief” for workers in certain service industries and … Read more
Salesforce has cut off connections to Gainsight-published applications as part of an ongoing investigation into a potential data breach that may have exposed customer information. The company said in a Friday (Nov. 21) help article that it identified “unusual activity” related to the apps, which are installed and managed directly by customers. The activity, Salesforce … Read more
Blame the elves. They saw generative AI coming for their jobs and outsourced Christmas to robots. This holiday season, the digital economy’s strangest edges have gone gloriously mainstream — from drink-mixing bots to autonomous litter boxes. If it moves, beeps, cleans, scoots, mows, mixes or meows, there’s now a robot for that. What began as … Read more
Apple’s latest hardware gamble — the iPhone Air, a thinner and lighter iteration of its flagship smartphone — is failing to live up to expectations. According to a Financial Times report (Nov. 22), early sales data show that demand for the new device is weaker than anticipated, with production reportedly cut in half within weeks … Read more
A cyberattack targeting the “necessary plumbing” of America’s mortgage industry has raised concerns across Wall Street. The victim: SitusAMC, a leading vendor that provides core processing services for real estate loan origination and servicing. As reported by The New York Times (Nov. 22), the attack did not directly hit the banks themselves but compromised systems … Read more
President Donald Trump has reportedly halted a planned executive order that would have blocked states from creating or enforcing their own AI regulations. The proposal, which aimed to challenge state AI laws through federal litigation and funding restrictions, has been paused following internal debate and anticipated legal resistance from state governments. According to Reuters (Nov. … Read more
American consumers are showing resilience heading into the 2025 holiday season. Despite months of economic uncertainty and inflation pressures, shoppers continue to spend — though increasingly with an eye toward value and essentials. As reported by The Wall Street Journal (Nov. 23), recent earnings from major retailers such as Walmart, Gap, and TJX Companies — … Read more
What began as a high-profile initiative to cut government waste has ended with little fanfare. The Department of Government Efficiency (DOGE) — a flagship project of President Donald Trump’s administration — has been effectively disbanded, according to remarks made by Office of Personnel Management (OPM) Director Scott Kupor in an interview with Reuters on Sunday … Read more
After months of uncertainty over its future, the Consumer Financial Protection Bureau (CFPB) has confirmed it will continue operating in 2026—but with a new approach. On Friday (Nov. 21), the agency unveiled its “Humility in Supervisions Pledge,” signaling a reorientation of its supervisory practices toward transparency, cooperation, and restraint. The pledge, introduced in a bureau … Read more
In a major policy shift, the Federal Communications Commission (FCC) has rescinded a cybersecurity rule that required telecommunications carriers to secure their networks from cyberattacks. Instead, the agency will collaborate directly with telecom companies to strengthen cybersecurity defenses across the communications sector. The FCC announced the reversal on Thursday (Nov. 20), saying the prior rule … Read more