Meta joins big tech layoffs, lets go of 11,000 employees
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history.
Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week.
Zoom is coming to Tesla for in-car conference calls
Image: Zoom Zoom will soon be added to Tesla vehicles according to an official announcement from the maker of the popular video conferencing app, allowing drivers to participate in video and audio calls without using a mobile device (via Drive Tesla Canada). The announcement was made by Zoom’s Group Product Manager Natasha Walia during the … Read more
Medibank breach: Hackers start leaking health data after ransomware attack
Medibank has urged its customers to be on high alert after cybercriminals began leaking sensitive medical records stolen from the Australian health insurance giant. A ransomware group with ties to the notorious Russian-speaking REvil gang began publishing the stolen records early Wednesday, including customers’ names, birth dates, passport numbers, and information on medical claims. This … Read more
Ramp, builder of crypto payment rails, raises $70M
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions.
Bitcoin and crypto here to stay despite market turmoil: Community
A Twitter user argued that the FTX crisis was only a black swan event that only its executives and a few others could have seen coming.
Crypto Finance Firm Galaxy Digital Reveals $76.8M Exposure Linked to FTX
The firms also reported net loss of $68.1 million for the third quarter.
Vitalik Buterin’s New Ethereum Roadmap Takes Aim at MEV and Censorship
Amidst a number of new changes, Buterin’s new vision for Ethereum adds a section aimed at curtailing the threats of centralization.
School of Haskell: Basics (2013)
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Affinity 2
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Equals secures $15M investment to supercharge spreadsheets
Equals, a New York-based startup ambitiously aiming to challenge Excel’s dominance with a supercharged spreadsheet, today announced that it raised $16 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Craft Ventures, Box Group, Worklife and Combine. Co-founded by Ben McRedmond and Bobby Pinero, two former Intercom employees, Equals … Read more
Meta Slashes Over 11,000 Jobs, 13% of Its Workforce
The job cuts were across its Family of Apps and Reality Labs segments.
Apple’s Freeform aims to be a collaborative whiteboard for everyone
Apple announced its so-called Figma Whiteboard competitor called Freeform at its Worldwide Developer Conference (WWDC) in June. The company hasn’t rolled out the idea board app to everyone yet but if you are using public or developer beta, you will get to play with the app with the iOS 16.2 update, and on Mac with … Read more
Kim Kardashian Looks Set to Win Investor Lawsuit Over EthereumMax: Report
Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over the cryptocurrency EthereumMax (EMAX), after a judge tentatively dismissed the case Monday, according to a Bloomberg report.
Meta confirms 11,000 layoffs, amounting to 13% of its workforce
Facebook, Instagram, and WhatsApp’s parent company Meta has confirmed a huge round of layoffs, amounting to 13% of its workforce. “I want to take accountability for these decisions and for how we got here,” CEO and cofounder Mark Zuckerberg wrote in a statement. “I know this is tough for everyone, and I’m especially sorry to … Read more
Meta announces huge job cuts affecting 11,000 employees
Illustration by Alex Castro / The Verge Meta has announced it will lay off 11,000 employees or around 13 percent of the company’s total staff. CEO Mark Zuckerberg announced the news in a blog post, saying he was at fault for being overoptimistic about the company’s future growth based on a pandemic surge. “At the … Read more
Meta lays off 11,000 people
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Next acquires Made.com’s brand and IP as the online furniture retailer enters administration
We knew it was happening, but U.K.-based online furniture and home accessories retailer Made.com has officially entered administration, confirming previous reports with the appointment yesterday of PricewaterhouseCoopers as administrators. While Made.com had revealed that it was in discussions with potential buyers, nothing materialized in time and the company ceased taking new orders in late October, … Read more
Alameda Research FTT token transfer from September fuels wild speculations
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient.
Crypto Fund Alameda’s Ethereum Wallet Holdings Slumped 50% Since October
On-chain findings show Alameda has a $3 million debt over several Ethereum addresses.
Binance tops up SAFU fund at $1 billion amid price fluctuations
Binance CEO CZ took to Twitter to assure users that the crypto exchange’s insurance funds have been topped off at $1 billion as the debacle with FTX rages on.
Stefan Berger explains the reason behind the delay in MiCA voting
One of the reasons behind the delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.”
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Forza Horizon 5 on PC gets improved ray tracing, DLSS, FSR, and more
Image: Playground Games Forza Horizon 5 players now have access to in-game ray tracing and DLSS or FSR upscaling support on PC. The latest series 14 “Donut Media” update arrived yesterday, and it now allows Forza Horizon 5 players to enable ray tracing in free roam areas and races at ultra or extreme settings. You’ll … Read more