A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
Momentive Global, the parent of the web-survey portal SurveyMonkey, laid off 11% of its workforce this week. Multiple people across divisions — including those handling the business development, customer support, recruitment and sales at the San Mateo, California-headquartered company — have been impacted, TechCrunch has learned and confirmed. “In an 8-K filed on October 13, … Read more
For cash-strapped SaaS startups trying to reach scale, the math doesn’t look great. A slump in the public markets has dragged the entire sector down, but customer acquisition isn’t getting any cheaper. In the meantime, runways are shrinking like a wool sweater in an electric dryer, and teams that hope to fundraise better have some … Read more
It’s time for procrastination to stop here. Well, it is if you’ve put off buying your pass to TechCrunch Disrupt. Today is your final opportunity to avoid paying full freight. Nobody likes full freight, just sayin’. You can still save $700 if…and only if…you buy your pass before the deal expires precisely at 11:59 p.m. … Read more
Illustration by Samar Haddad / The Verge We all want everything to work just fine all the time. But sometimes they just don’t. Your Windows app slows down. You get the dreaded “this program is not responding” pop-up. Your whole computer freezes. In cases like this, the best option is often to force quit the … Read more
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There’s no better way to show you have high conviction in yourself as an investor than being the biggest LP in your $101 million fund, right? Especially if you name your firm Conviction, as Sarah Guo did after leaving Greylock following a decade of investing for the well-known venture group. Last week, she announced that … Read more
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.
Image: Nvidia Nvidia is pausing the launch of its upcoming 12GB RTX 4080 graphics card. After originally unveiling the 12GB RTX 4080 last month alongside a much more powerful 16GB model, Nvidia now admits it messed up with the naming. “The RTX 4080 12GB is a fantastic graphics card, but it’s not named right,” says … Read more
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The “know your customer” and anti-money laundering system has evolved to become an excessive constraint on financial access and a dangerous imposition on liberty and privacy – even if the original security intent was reasonable.
La empresa es la última en unirse al creciente grupo de prestamistas alternativos que buscan inyectar capital en la golpeada industria de la minería.
Beyond Meat plans to lay off about 200 employees, or 19% of its workforce, according to a regulatory filing disclosed Friday. The company cited declining sales and said the layoffs are “based on cost-reduction initiatives intended to reduce operating expenses…and target cash flow positive operations within the second half of 2023.” Beyond Meat expects the … Read more
On-chain data is showing there is light at the end of the tunnel for Bitcoin hodlers, says LookIntoBitcoin creator, Philip Swift.
Plastic floating in one of the Great Lakes. | Image: Great Lakes Plastic Cleanup Waste capture devices collect thousands of pieces of trash in the Great Lakes each day. Can they also motivate humans to stop putting waste in the water in the first place? Continue reading…
Members of the European Parliament have lodged complaints against three tech giants, Amazon, Google and Meta, with the EU’s Transparency Register — aka, the oversight process that’s intended to track lobbying activity aimed at the bloc’s lawmakers — accusing the trio of breaching the lobbying transparency rules by using smaller front organizations to press their … Read more
It took me 10 attempts to get this shot. You’ll have much better luck if you remove the straps, but even then I wouldn’t call it reliable. | Photo by Victoria Song / The Verge Google’s official line is that the Pixel Watch does not support Qi charging or reverse charging from a phone. However, … Read more
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Sono Motors, the company building an electric vehicle that’s partially powered by the sun, debuted its flagship Sion in New York City this week as part of a multi-city tour throughout the U.S. The company aims to launch the $25,000 five-seater hatchback in Europe first — production is expected to start in the second half … Read more
The initial offer appeared to have been rejected.
Google’s new mobile search results, complete with reformatted favicons, site names, and the new “Sponsored” tag. | Image: Google Google is changing how it formats search results on mobile, the company announced today. Paid results will now carry a larger “Sponsored” tag rather than the simple “Ad” tag they had before, and each website’s name … Read more
Christian Owens Contributor Share on Twitter Christian Owens is CEO and co-founder of Paddle, a payments infrastructure provider for SaaS businesses. Scaling a SaaS company is tougher today than in the past few years. Whatever stage your company is at, a near 70% drop in the value of public SaaS stocks, increasingly limited access to … Read more
The 3D printing world can print in concrete, plastic, metal and pretty much everything else that starts off gooey and turns solid after a while. That includes a bunch of different types of foods, as Sugar Lab demonstrates. The company was originally acquired by 3D Systems in 2013, but co-founders Kyle von Hasseln and Meagan … Read more