Facebook parent Meta has poured billions into the metaverse. But it now appears the risky bet may never pay off. Now, the once-trillion company is forced to lay off thousands of employees to stay afloat. Meta is laying off 13% […]
2022 has been a very difficult year for the entire electric vehicle industry and UK electric vehicle startup Arrival is no exception. In May 2021, Arrival became UK’s biggest tech IPO after the startup went public at a valuation of $13 […]
This one didn’t take that long. Yesterday, we predicted that FTX might be on its way to bankruptcy after investors withdrew millions from the crypto exchange following the FTT token fiasco. Fast forward a day later, Binance announced it is acquiring the distressed […]
Tel-Aviv, Israel (Nov. 08, 2022) – Chainwire, a crypto press release distribution service, has been awarded nine badges by software marketplace G2. The badges were assigned in G2’s Fall 2022 report based on the responses from real users featured in […]
Plastic pollution is a worldwide crisis that affects every being on earth including humans and animals. Every year, more than 400 million tons of plastic products with large portions are thrown into the oceans, which end up endangering marine life […]
MarketAcross, the premier blockchain PR and marketing firm, is the official global media partner for the Future of Crypto conference, organized by Benzinga. The event is a new Benzinga initiative that wants to focus on the broader cryptocurrency industry, including […]
NTT Docomo, Japan’s largest mobile operator with $40B annual revenue, and Astar Network have joined forces to explore and accelerate the adoption and social implementation of Web3. As part of the partnership, NTT Docomo will be investing $5 billion in Web3 […]
In July, Bankman-Fried’s crypto exchange FTX was viewed as a white knight waiting to rescue the embattled crypto industry following the collapse of BlockFi and the bankrupt Voyager Digital. BlockFi and Voyager are two of the crypto companies that suffered heavy losses due to […]
The digital gaming industry has undergone radical changes in the last decade. However, the arrival of Web3 has further accelerated this change as traditional Web2 games embrace Web3 tech technology which enables players to control and completely their own game assets […]
While we spent the last two to three years fighting the covid pandemic, misinformation was another pandemic we have to battle we have to fight as tech companies continue to develop new tools to stop the spread of misinformation on […]
As you may recall, just a few weeks before the US presidential election in 2020, David Barrett, founder and CEO of San Francisco tech company Expensify, emailed 10 million customers urging them to vote for Biden and stop Evil Trump. Unlike […]
The US Department of Justice (DOJ) announced today it seized more than $3.36 billion worth of bitcoin in connection with the Silk Road dark web fraud. The Department announced today that JAMES ZHONG pled guilty to committing wire fraud in September […]
Ouster is one of the early promising startups we’ve been following since 2017. In December 2017, the robocar LiDAR startup made our list of the top 5 promising early-stage startups to watch. Then in December 2020, Ouster agreed to go public through […]
With football fever sweeping across the globe, the world’s largest crypto exchange Binance is launching a new online challenge where football fans could win a share of an incredible rewards pot – including more than $1,000,000 in tokens, limited-edition NFTs, […]
Australia’s biggest health insurer Medibank becomes the latest victim of a cyberattack in a series of data breaches that plagued the country in the last two months. Medibank announced Monday that the health data of around 9.7 million current and former customers’ […]
Welcome back to this month’s edition of the DappRadar industry report. In September, we covered DappRadar’s new Q3 industry report that showed how the crypto industry is riding out the bear market. The report also offered a ray of hope and signs […]
Blockchain technology developer Elrond has rebranded to MultiversX to focus on the metaverse. The company announced today it will shift to focus on the metaverse with the introduction of three new products aimed to help metaverse creators and users. According to its website, MultiversX is […]
On April 25, Tesla CEO Elon Musk announced he was buying Twitter for $44 billion as part of his effort to defend free speech. Musk, who calls himself a free-speech absolutist, said his interest in Twitter grew from his desire to protect free […]
San Francisco-based fintech startup Stripe is laying off about 14% of its total workforce as the prolonged tech rout continues. CEO Patrick Collison wrote in a memo to staff Thursday. According to the memo, Collison said the cuts were inevitable as […]
It’s finally Friday, the day Twitter employees learn their fate about whether they get to keep their job or not. Yesterday, Twitter notified all the company’s 7,500 employees in a Thursday email that the layoffs had begun. According to a […]
