January is already breaking tech layoff records as 18,392 tech workers lost their jobs in the first week of 2023
The year is just getting started and large tech companies including Amazon, Salesforce, and Stitch […]
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Amazon to lay off more than 18,000 employees, a bigger number than initially planned
Amazon said Wednesday that it will lay off more than 18,000 employees, a bigger […]
AAG launches MetaOne Wallet to simplify and streamline the Web3 user experience
In December, we covered AAG when the fast-growing web3 software company integrated Coinbase Pay into […]
Salesforce to fire 10% of its employees as tech layoffs continue
“We hired too many people leading into this economic downturn we’re now facing.” Salesforce […]
Mass tech layoffs spawn new wave of startups
Great companies are made during a recession, so the saying goes. When we look […]
Laid-off temp tech workers and H-1B visa holders have 60 to 90 days to find new jobs to avoid deportation as tech layoffs exceed 140,000
Temporary workers play a vital role in the growth of the US economy. Although temporary […]
SuperOne joins forces with Footballco and FIFPRO to empower value-creation for football players in the new digital economy
In what’s been described as the “Trinity of Football,” SuperOne, the fandom Metaverse for sports and […]
Shopee, the Amazon of Asia, announces new job cuts in addition to about 7,000 employees already laid off in the last 6 months
The economic recession that started in the United States early this year is beginning […]
Amazon to lay off 10,000 employees, NYT
Amazon is planning to lay off approx. 10,000 employees in corporate and technology jobs […]
Fintech startup Stripe lays off 14% of workers amid rising inflation and fears of a looming recession
San Francisco-based fintech startup Stripe is laying off about 14% of its total workforce […]
Apple is now worth more than Meta, Amazon, and Google’s Alphabet combined
As tech stocks crater, Apple appears to be weathering the storm better than the […]
The rise and fall of Facebook: Meta loses over $700 billion over risky bet on the metaverse; stock sinks 73%
Before changing its name to Meta, Facebook is probably the most hated company in […]
Meta spent $45 billion on stock buybacks last year at $330 a share, the stock is now worth $99 today
Last October, Mark Zuckerberg announced he was changing the name of the company he […]
Meta doubles down on losing even more money building the metaverse as its Reality Labs metaverse unit lost over $3.6 billion in just 3 months
As the saying goes, “When you find yourself in a hole, you better stop […]
Facebook’s Meta accepts UK order to sell GIF search engine Giphy just 2 years after acquiring the startup for $315 million
Facebook parent company Meta finally admits defeat after many months of antitrust battle that led Britain’s […]
Apple CEO Tim Cook hates the metaverse, but here’s the new technology he thinks is the future
Metaverse dominated the headlines late last year to early this year until it fizzled […]
MarketAcross Is Named The Official World Crypto Conference 2023 Media Partner
MarketAcross, the leading global blockchain PR & Marketing firm, has been named the official […]
Twilio to lay off 11% of its total workforce as tech layoffs top 41,000
Cloud communications provider Twilio will lay off 11% of its total workforce as part of a […]
EverdreamSoft brings The Spells of Genesis Social Hub to The Sandbox as part of its metaverse push
The metaverse has become the latest buzzword since Facebook announced its name change to […]
Facebook’s Meta raises $10 billion in its first-ever bond offering to fund share buybacks and investments for its metaverse ambitions
Late last month, Facebook-parent Meta Platforms reported a loss of $2.81 billion on $452 million in […]