Facebook parent Meta conducted its biggest-ever layoffs last November, shedding about 11,000 workers. But more jobs, it appears, are about to be axed. CEO Mark Zuckerberg noted in a Facebook post on F...
Tag: Budgets
SushiSwap DAO Budgets $5.2M, With 82% Going to Salaries
SushiSwap DAO CEO Jared Grey has disclosed the operation’s Budget Snapshot for 2023, with more than $5.2 million slotted to maintain the decentralized exchange (DEX) next year. The platform, stewarded...
Roku Plunges 24% on Forecast for Loss, Shrinking Ad Budgets
(Bloomberg) — Roku Inc., the maker of set-top boxes consumers use to watch Netflix and other streaming services, slumped in late trading after forecasting a wider-than-expected fourth-quarter lo...
Rare Massachusetts Tax Refund Raises Interesting Question About Surplus Revenue
George Washington Monument at Public Garden in Boston, Massachusetts. getty Massachusetts taxpayers are getting a rare refund thanks to a 1986 law that requires the state government to refund tax reve...
Global Internet of Military Things Market Report 2022: Necessity for Increased National Security & Rising Military Budgets Fuel Sector – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Internet of Military Things Market Size, Trends & Growth Opportunity, By Accessibility, By Element, By Application, By Region and Forecast to 2027.” report has b...
Jihan Wu’s Bitdeer Budgets $250M to Buy Assets From Bleeding Crypto Miners
Jihan Wu’s Bitdeer will be setting aside $250 million to buy assets from crypto miners. The company will invest $50 million in a junior tranche and raise another $200 million from outside investors. J...
McDonald’s and Chipotle say customers are trading down, visiting less often as inflation hits budgets
McDonald’s and Chipotle Mexican Grill say customers squeezed by inflation are choosing cheaper menu items and visiting their restaurants less often, signaling trends that could be hitting the br...
Sam Bankman-Fried Budgets $1 Billion for U.S. Elections
Key Takeaways FTX founder and CEO Sam Bankman-Fried has stated that he could donate over $100 million in the 2024 presidential election. He added that he could donate up to $1 billion, depending on th...