As you may probably recall, this week Peloton fired over 2,800 employees due to an ongoing downturn in the company’s business. The number represents about 20% of Peloton’s corporate workforce. In addition to the layoff, Peloton also announced that the company founder and […]
The COVID-19 pandemic has forever changed our lives, our priorities, and how we choose to spend our time and we cope with difficult times and unprecedented circumstances. When the pandemic began in early 2020, telecom giant Verizon reported that gaming usage rose […]
Joe Rogan is the world’s most popular podcaster with an estimated 11 million listeners per episode. He made name for himself discussing controversial topics and interviewing popular guests including the former NSA whistleblower Edward Snowden, astrophysicist, and author Neil deGrasse Tyson, and the world’s […]
The drumbeat of war between Russia and Ukraine escalated in recent weeks as tensions between the US, NATO, Russia, and Ukraine reached a dangerous new level. What will happen next is anyone’s guess. Last week, Russia and China aligned together and […]
Whether for fishing, daysailing, or world cruising, the use of catamarans has grown in popularity over the last decade. Catamarans are twin-hulled sailing and powered boats developed for sport and recreation in the second half of the 20th century. Unlike a sailboat […]
The popularity of bitcoin and other cryptocurrencies has led to an increase in crypto-related scams and frauds. According to a January 2022 report from CNBC, fraudsters and scammers around the world took home a record $14 billion in cryptocurrency in 2021, […]
Delivery Hero, a Germany-based food delivery firm, has lost $6 billion of its market value after disappointing 2022 guidance. The former unicorn startup saw its share price plunge Thursday, wiping out nearly $6 billion from its market value after the delivery […]
The inflation rate in the US rose to 7.5% in 2021. The rate is more than expected and the highest since 1982, according to today’s report from CNBC. The inflation news is not getting any better. The core inflation rose at […]
ShareChat‘s parent company has acquired local rival MX’s short-video platform TakTak in a cash-and-stock deal worth about $700 million, according to a report from Reuters, citing two sources familiar with the matter. The announcement comes just two months after the startup […]
Binance, the world’s leading cryptocurrency exchange platform, is making a $200 million investment in Forbes, the media company said on Thursday. The investment comes at a time when the media outlet is preparing to go public via a special purpose acquisition company […]
The impacts of climate change are global in scope, unprecedented in scale, and can no longer be denied. We can see the impacts of climate change all around. Some of the major impacts include increased heat, drought, insect outbreaks, increased […]
Timechain, a Canada-based regulated financial app offering a decentralized exchange (DEX) aggregator, has announced the launch of its genesis mint of NFTs, Crypto Cups, on Thursday. The line of NFTs aims to boost the utility value on Timechain’s DEX to […]
The ongoing pandemic has wreaked havoc all around the world. Beyond the tragic deaths of millions, the pandemic has also exposed the financial burden many families faced. Many can no longer afford to pay for basic necesitities, let alone spend […]
Decentralized finance (or DeFi) is slowly gaining momentum with prospects to replace traditional banks and other financial institutions. DeFi provides a new way for users to lend, borrow and save while bypassing traditional gatekeepers of finance such as banks and government […]
The number of electric vehicles (EV) on U.S. roads is projected to reach 18.7 million in 2030. As electric vehicles gain mainstream adoption, more charging stations are going to be needed to power millions of new electric cars on the roads. In December […]
Venus, a decentralized finance (DeFi) algorithmic money market and synthetic stablecoin protocol exclusively on Binance Smart Chain, is launching a new pilot initiative to help foster innovation within its ecosystem, supporting developments in DeFi that will pave the way for more institutional […]
Late last month, we wrote about friesDAO after the crypto community startup announced it was acquiring fast-food restaurants to provide jobs and food for ex-crypto traders. friesDAO is the first decentralized autonomous organization aiming to democratize access to the fast-food industry. Today, friesDAO announced that Kory […]
The ongoing pandemic has taken a toll on everyone and made it increasingly difficult for millions of Americans to maintain their financial health. Over 40 million Americans have good jobs but have subprime or no credit scores. These Americans can […]
There’s no denying that the crypto exchange industry is a hotly contested space. With giants such as Binance, Coinbase, and Kraken dominating the sector for the best part of a decade, it’s been difficult for any smaller companies to gain […]
Geomagnetic storm has wiped out 40 of the 49 SpaceX Starlink satellites launched from the Falcon 9 rocket into orbit last week Thursday. In an announcement today, SpaceX said 80% of the satellites it launched last week are expected to burn up […]
