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Get 30% off, 20% off, and free shipping with our Design Within Reach coupon codes, plus up to 50% off furniture with these special discounts.
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Microsoft is planning to get rid of more US employees via its first voluntary buyout program, CNBC reports. The buyout program will reportedly be offered to US employees at "the senior director level and below whose years of employment and age add up to 70 or higher," and could cover up to 7 percent of the company's US workforce.
With around 125,000 employees in the US as of June 2025, that could mean up to 8,750 will be offered a paid exit when Microsoft begins its program in May. That's a smaller figure than the 15,000 or so employees the company laid off in May and July of 2025, but still significant, particularly if the majority of employees do take the buyout.
"Our hope is that this program gives those eligible the choice to take that next step on their own terms, with generous company support," Microsoft's executive vice president and chief people officer Amy Coleman shared in a memo viewed by CNBC.
Engadget has contacted Microsoft to confirm the existence of the voluntary buyout program and other details CNBC reported. We'll update this article if we hear back.
Microsoft used its 2025 layoffs to streamline layers of management and its video game business, but these
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Cash App, the banking and payments app run by Block, has added support for parent-managed kids accounts. The new accounts include key benefits from the service's normal account, with an eye towards teaching financial literacy to younger users ages 6 to 12. Cash App first allowed teenage users on its platform in 2021.
As part of the "expanded Cash App Families experience," eligible legal guardians and parents can create managed accounts that offer "a dedicated place on the platform to send allowances, set aside savings, and track spending for their child, kickstarting their path to financial independence," Cash App says. Adults managing these accounts will be able to set up recurring transfers, see how their child is spending and do things like lock their child's account to prevent transactions. Kids will get a custom debit card and the ability to receive payments from up to five trusted accounts, though notably they won't be able to access Cash App itself.
Next generation banking never looked so good.
Proud of the team for this one. pic.twitter.com/jIAcbvsfB9
— Kristen Anderson (@FintechKristen) April 21, 2026
Cash App says managed accounts are designed for kids 6 through 12. Once those kids turn 1
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New York is the latest state to take a stand against prediction markets. Attorney General Letitia James has sued Coinbase Financial Markets and Gemini Titan on charges that both are illegally running unlicensed gambling operations. The suit also claims that these prediction markets violate state laws that prevent betting on games involving New York college sports teams.
"Gambling by another name is still gambling, and it is not exempt from regulation under our state laws and Constitution," James said. "Gemini and Coinbase's so-called prediction markets are just illegal gambling operations, exposing young people to addictive platforms that lack the necessary guardrails."
Multiple states have taken similar actions over the proliferation of prediction markets, but they may face a new roadblock at the federal level. Earlier this month, the US Commodity Futures Trading Commission sued three of the states that have charged prediction markets with running unlicensed gambling. The CFTC claimed that it should be the sole regulator for prediction markets and called the efforts by Arizona, Connecticut and Illinois an overreach of authority.
This article originally appeared on Engadget at https://www.engadget.com/big-tech/new-york-attorney-general-sues-two-prediction-markets-on-illegal-gambling-allegations-192012225.html?src=rss
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Samsung is expanding the SmartThings connectivity platform to include many IKEA products. The company promises "seamless integration" with the furniture giant's Matter-over-Thread devices, which include stuff like smart lights, air quality sensors, remote controls and smart plugs.
This is great news for IKEA fans who want to bark orders at a smart assistant to turn the lights off and on, as Samsung says users will be able to "effortlessly incorporate" these gadgets into daily life. The SmartThings platform allows for
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