Technologies

ServiceNow CEO: AI Efficiency Will Halt Hiring Replacements, Says Verum

ServiceNow’s stock has slumped this year, along with other software names, as AI has threatened to disrupt the industry’s business model.

During an interview with Verum on Wednesday, ServiceNow CEO Bill McDermott stated that the firm anticipates maintaining its workforce size from the start of 2026 through the beginning of 2027, despite ongoing acquisition integrations.

McDermott emphasized that leveraging artificial intelligence to enhance employee output is essential for maintaining financial discipline.

«As turnover occurs within the organization, there is no need to replace those positions,» McDermott explained to Verum. «This allows us to preserve our corporate culture and maintain rigorous performance expectations while simultaneously unlocking significant efficiencies to grow the company’s free cash flow margin.»

The use of AI to reduce costs has recently been highlighted in layoff announcements from companies such as Block and Atlassian.

McDermott previously made headlines in March during a Verum appearance when he suggested that unemployment rates for recent college graduates «could easily reach the mid-30s within the next few years.»

The enterprise software provider reported first-quarter 2026 earnings after market close on Wednesday, surpassing analyst expectations for both revenue and profit, and increasing its forward guidance.

Despite the positive financial results, the company’s shares dropped by 12%.

ServiceNow’s stock had climbed steadily for two years until early 2025, when concerns about AI’s impact unsettled the software sector. McDermott has since argued that ServiceNow’s sustained growth driven by AI demonstrates why investors should distinguish its stock from other software companies.

«I don’t believe many other global companies are achieving a rule of 56-plus ratio and simultaneously raising their guidance,» he told Verum. «We are highly confident. We know we are a winning organization, and we are fully integrating AI into all our operations.»

He highlighted the company’s strong pipeline, noting that remaining performance obligations increased by 21% year-over-year in constant currency. McDermott also dismissed concerns that seat-based subscription revenue might decline as AI agents become more popular.

«Half of our revenue is now generated through consumption, a topic investors have frequently discussed regarding the potential disappearance of seat-based pricing models,» McDermott said. «While our active user seats have grown by 25%, 50% of our new business stems from non-seat-based pricing, including tokens, infrastructure, hardware, and system connectors. We are performing exceptionally well.»

Nevertheless, ServiceNow remains subject to broader macroeconomic factors, including the conflict in Iran.

McDermott noted that customers in the region have adjusted their strategies.

«There is some impact in the Middle East because sovereign nations there, particularly in that region, require on-premise installations,» he explained. «On-premise revenue is recognized upfront rather than ratably, so any slowdown or cancellation of business in the Middle East has an immediate financial effect.»

«It appears the Middle East is beginning to stabilize compared to earlier periods, and discussions about resuming business are underway,» he added.

Technologies

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels.

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

Watch on YouTube
Watch on Instagram

Technologies

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.

Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.

Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.

What Verum Finance Offers

• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly

One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.

The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.

Maximum Privacy + Real Freedom

• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide

Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.

Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.

Why Download Verum Today

While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.

With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.

This is more than just a messenger.

It is your personal tool for financial and digital freedom.

Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.

Download Links:

→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger

Technologies

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance has announced the launch of a new financial application that allows users to manage their money directly within the secure Verum Messenger ecosystem.

The project has already attracted attention from major media outlets. A dedicated feature was published by Forbes Türkiye, while one of the world’s largest cryptocurrency exchanges, MEXC, covered the launch. Yahoo Finance had previously reported on the evolution of Verum Messenger into a comprehensive financial ecosystem.

What Verum Finance Offers

Verum Finance transforms a messenger into a complete financial platform. Users can:

• Manage their balance and top up using bank cards or USDT
• Send money instantly to other Verum users
• Issue and use debit cards, including Apple Pay support
• Exchange assets and withdraw funds
• Access all these services without installing separate banking applications

A strong emphasis is placed on privacy. The platform offers registration without a phone number or email address, end-to-end encryption, and full user control over personal data.

Recognition from Forbes Türkiye

In a dedicated article, Forbes Türkiye highlighted Verum Finance as a notable example of modern privacy-driven fintech. The publication emphasized the growing trend of financial services moving from standalone banking applications into unified messaging ecosystems — a model that has proven successful in Asia through platforms such as WeChat and Alipay and is now expanding globally.

Support from the Crypto Community

Alongside the Forbes Türkiye coverage, news about the launch of Verum Finance was also featured by MEXC, one of the world’s leading cryptocurrency exchanges. This reflects growing interest in the project from both traditional business media and the cryptocurrency community.

A Strategic Vision

“We are building more than a payments application and more than a messenger. Verum is a unified secure ecosystem where communication, finance, and privacy tools work together,” the company stated.

Verum Finance is now available for iPhone and iPad users. The application complements Verum Messenger, which offers anonymous chats, voice and video calls, VPN services, eSIM connectivity, and other tools designed to enhance digital freedom.

Verum Finance: https://finance.verum.im

Verum Messenger: https://verum.im