Discord, a widely-used messaging service popular among gamers, has recently confirmed that it will lay off 17% of its workforce, amounting to 170 employees. This move comes after a previous reduction of 40 jobs in August and is part of a growing trend of companies announcing cuts since the beginning of this year. CEO Jason
Enterprise
Tesla has recently announced “market adjustment” pay increases for its factory workers in multiple locations across the United States. The notices regarding the pay rate adjustments were prominently posted at Tesla’s vehicle assembly plant in Fremont, California. These increases were confirmed by an anonymous employee at the Fremont site, who emphasized that the company had
In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) recently approved 11 applications for bitcoin exchange-traded funds (ETFs) submitted by major asset managers like BlackRock and Fidelity. This long-awaited decision marks a significant turning point for the cryptocurrency industry, making it easier and more affordable than ever before to invest in bitcoin. Traditionally,
In a recent move that has sent shockwaves through the tech industry, Hewlett Packard Enterprise (HPE) has announced its agreement to acquire networking gear vendor Juniper Networks for a staggering $14 billion. This all-cash deal, priced at $40 per share, marks a significant milestone for both companies and is expected to have far-reaching implications for
Nvidia, a dominant player in the field of artificial intelligence, has cemented its position in the market with its expensive server graphics processors. The company’s role in training and deploying generative AI, such as OpenAI’s ChatGPT, has made it a pivotal figure in the AI boom. However, Nvidia is now shifting its focus towards consumer
Apple fans and tech enthusiasts around the world are eagerly anticipating the launch of Apple’s latest innovation – the Vision Pro. Set to debut in the United States on February 2, the Vision Pro is a groundbreaking development in spatial computing. With its unique features and capabilities, this headset is poised to redefine the way
The gaming industry has been abuzz with speculation that Nintendo, the Japanese gaming giant, will be releasing a new console this year. Industry analysts have pointed to various factors, including the success of the Nintendo Switch and the need for something new to sustain sales momentum. In this article, we will delve into the details
Coinbase, the leading U.S. cryptocurrency exchange, has laid out its plans to offer crypto-linked derivatives in the European Union (EU) as part of its long-standing ambition to serve professional and institutional customers. In pursuit of this goal, Coinbase has entered into an agreement to acquire an unnamed holding company possessing a MiFID II license, which
The U.S. National Labor Relations Board (NLRB) has recently lodged a complaint against SpaceX, Elon Musk’s renowned defense contractor. This complaint contends that the company unlawfully terminated the contracts of eight employees who had written an open letter criticizing Musk’s behavior and accusing the workplace of enabling sexual harassment selectively. In a spectacular twist, CNBC
Bitcoin experienced a reversal in its new year rally on Wednesday as investors closely monitored the Federal Reserve’s policy outlook and awaited updates on the Securities and Exchange Commission’s (SEC) decision regarding a bitcoin exchange-traded fund (ETF). The price of bitcoin dropped more than 4% to $42,685.85, according to Coin Metrics. Earlier in the day,