Octopus Network – a multichain crypto network supporting Web3 applications – will lay off 40% of its staff members to ensure its survival amidst the ongoing crypto winter. The adverse macroeconomic fa...
Tag: Company
Pay with Crypto Company YES WORLD reaches 100k holders milestone,…
Leading blockchain based climate tech startup YES WORLD Token, operated by YES WORLD Climate Tech Pte Ltd based out of Singapore, reaches a significant milestone of 100k holders. YES WORLD Token is ge...
Founders of billion-dollar company from India share tips for success
Harsh Jain says it’s an “open secret” that he doesn’t use his own fantasy sports app — for fantasy football, at least. “I am still committed to fantasy football on Fanta...
Shares of Chinese funeral company rise as Covid infections leap
Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022. Bloomberg | Bloomb...
John Ray III: FTX Is the Most Mismanaged Company I’ve Ever Seen
John Ray III is an attorney that’s been in the news a lot, lately. He’s the man who cleaned up the Enron mess close to 20 years ago, and now he’s been called in to fix the problems surrounding failed ...
The company is a sustainability ‘behemoth’
Amid the carnage that is Tesla’s stock price headed into 2023, a Wall Street bull has emerged with a reminder to all that the company remains a longer-term sustainability play. “When we lo...
Robocall company may receive the largest FCC fine ever
The FCC has proposed a $299,997,000 fine against “the largest robocall firm” it has ever investigated, the regulator announced. It would be the FCC’s largest fine ever, and targets a...
HK legislator’s company will attract 1,000 Web3 startups in three years.
The aim of a start-up accelerator that was co-founded by Jonny Ng Kit Chong, a member of the Hong Kong Legislative Council, is to entice one thousand Web3 enterprises to locate their operations in the...
AMC plunges after theater company announces capital raise
AMC Movie theatre Scott Mlyn | CNBC AMC Entertainment‘s stock fell swiftly Thursday after the company announced a new $110 million capital raise and a proposed reverse stock split that will requ...
Tesla’s biggest bear says the company has demand problems and its stock could sink another 80%—but bulls argue he’s missing the growth story
Gordon Johnson is well known to many of Tesla’s most ardent supporters. As the head of investment research firm GLJ Research, the Wall Street veteran has developed a reputation as Tesla’s biggest bear...
Berkeley Lights Scoops Up IsoPlexis, Creating A Premier Functional Cell Biology Company
Berkeley Lights Inc (NASDAQ: BLI) has agreed to acquire IsoPlexis Corp (NASDAQ: ISO) in an all-stock transaction valued at $57.8 million. The combined company, which will be named PhenomeX, will be an...
Hundreds of workers leaving Tyson Foods as company closes offices: report
Hundreds of employees at Tyson Foods have decided not to relocate to the company’s headquarters in Arkansas next year as the company consolidates its corporate offices. The workers are reportedl...
NvirWorld announced it partnerships with blockchain company Conse…
Seoul, Republic of Korea, 19th December, 2022, Chainwire Blockchain Company NvirWorld has officially announced its partnership with ConsenSys. NvirWorld held a Large-scale SUMMIT in Korea, which is wi...
The Pokemon Company Sues Aussie Studio Over Fake NFTs
The Pokemon Company International is suing Pokemon Pty Ltd over the promotion of a new NFT-based Pokemon mobile game. Pokemon Pty Ltd is an Australian business that set up and advertised a website und...
The liquidity of the crypto company Genesis
As a result of the problems currently plaguing the crypto market, Genesis and its parent company Digital Currency Group (DCG), a committee of creditors, which includes cryptocurrency exchange Gemini, ...
FTX Recovers $1 Billion in Assets as Company Unwinding Continues
The insolvency specialists at FTX have recovered $1 billion worth of assets from numerous banks, including over $800 million in cash. Recent reports state that the new management behind sunken crypto ...
Bitcoin mining: another company goes bankrupt
Bitcoin mining company Core Scientific has filed for bankruptcy. Reuters reported that today Core Scientific filed for Chapter 11 bankruptcy. Core Scientific is listed on the Nasdaq stock exchange u...
Core Scientific Noteholders Seek 97% Company Acquisition in Bankruptcy Restructuring
Bankrupt Bitcoin miner Core Scientific may be about to forfeit nearly all corporate equity in order to pay off its debt. Owners of the company’s convertible notes are seeking a 97% acquisition of the...
Japan’s Number One Lubricant Company Joins GRC’s ElectroSafe Fluid Partner Program for Data Center Immersion Cooling
ENEOS will help GRC drive energy efficiency through use of its cooling oils, while contributing to the safe operation of data centers AUSTIN, Texas & TOKYO–(BUSINESS WIRE)–GRC® (Green Revolution C...
Former TSM ‘League Of Legends’ GM Parth Naidu Founds New Research And Consultancy Company Sido
Parth Naidu has left TSM and is starting his own company Credit: Parth Naidu / SIDO Parth Naidu, who was formerly the general manager for TSM where his teams won four League of Legends LCS titles, has...
This publicly-listed Bitcoin mining company has gone bankrupt, but it’s not so bad
A bankruptcy petition has been submitted by yet another Bitcoin mining business. Just a few days after a creditor volunteered to assist Core Scientific, one of the largest Bitcoin miners in the world ...
Layoffs are coming for self-driving truck company TuSimple
Autonomous trucking technology company TuSimple plans to cut a chunk of its workforce, potentially as early as this week, according to The Wall Street Journal, which cited “people familiar with ...
South Korea Freezes $93M Allegedly Belonging to Company Involved in Terra’s Crash (Report)
The South Korean court has reportedly frozen 120 billion won (over $93 million) in assets belonging to executives of blockchain consultancy firm Kernel Labs. The entity is speculated to have had a ha...
How to find the Right Online Reputation Management Company for Your Crypto Company
Advertisement     Since Bitcoin burst onto the market in 2008, cryptocurrencies and the idea of decentralized digital currencies have fascinated the world. The possibi...
Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network
According to Sztorc, the purpose of drivechains is to give Bitcoiners access to innovative features and products currently confined to altcoin networks. Examples would be Zcash’s zero-knowledge proofs...
How A Former VC Built A Consumer Tech Company To $75 Million Revenue With No Investors
Skylight founder and CEO Michael Segal (left) and new president Aviv Gilboa Skylight Back in 2018, Michael Segal was working at Bessemer Ventures and building his side business making digital picture ...
Tesla’s stock drop has been bad. But this company has hurt investors even more.
Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it the 11th-worst performing sto...