Meta to Let Go of 10,000 Employees to Boost Efficiency

In the face of economic challenges in the US, Meta, the social media behemoth, has announced job cuts to stay competitive and continue to invest in the metaverse. On March 14th, Meta CEO and founder M...

General Motors is cutting hundreds of executive-level jobs in its push to ‘focus on our own efficiency’

Streamlining operations and refocusing on efficiency is an overarching tech theme of 2023, epitomized by Meta CEO Mark Zuckerberg last month when he declared this would be the company’s “year of effic...

The EPA Needs To Start Permitting Wells For Carbon Dioxide Sequestration

A pipe carries emissions to the Petra Nova Carbon Capture Project at the NRG Energy Inc. WA Parish … [+] generating station in Thompsons, Texas, U.S., on Thursday, Feb. 16, 2017. The project, a ...

Block to ‘raise the bar’ on growth and efficiency in 2023, CEO Jack Dorsey says

Payments company Block (SQ) reported Q4 results after Thursday’s close, prompting mixed views from Wall Street that sent shares down 2% in the minutes following the earnings announcement. The outlook,...

JPEX Cryptocurrency Exchange Improves Technical Efficiency to Boost User Satisfaction

Advertisement &nbsp &nbsp Renowned Dubai-based cryptocurrency trading platform JPEX is on the move to up its crypto game as it continues to deploy necessary measures to expand...

Meta just gave thousands of employees poor performance reviews that could clear the way for more layoffs during its ‘Year of Efficiency’

Just months after Meta laid off 11,000 employees, there are signs the company could be preparing for another wave of cuts. The parent company of Facebook and Instagram has reportedly ranked thousands ...

Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division – Metaverse Bitcoin News

Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerb...

Toyota Explores Polkadot To Increase Business Efficiency

The Polkadot-based Astar Network recently announced the first web3 and blockchain hackathon sponsored by the Japanese Toyota Motor Corporation. HAKUHODO KEY3 company, co-founded by Astar and HAKUHODO,...

Isaiah Joe’s Efficiency And Relative Volume Rank Near Top Of NBA

SACRAMENTO, CALIFORNIA – JANUARY 20: Isaiah Joe #11 of the Oklahoma City Thunder dribbles the ball … [+] in the fourth quarter against the Sacramento Kings at Golden 1 Center on January 20...

Hive’s ‘Massive Efficiency Upgrade’ Led by Intel-powered Miner Rollout

Hive Blockchain has installed about a quarter of its expected new fleet of customized mining rigs powered by Intel processors — one key component of a push the company said would result in a “ma...

Smarter Railroad Tracks Are Boosting Train Safety And Efficiency

Improved digital circuits installed in rail tracks allow operators to more closely monitor the condition of trains, their wheels and tell when tracks may be warped by intense heat. Alstom Think “advan...

Bitcoin’s energy efficiency will increase with adoption – proponent says

Popular BTC proponent Lyn Alden took to Twitter to explain how the Bitcoin (BTC) network will become more efficient with increasing adoption. Alden shared data sourced from Glassnode to indicate that ...

Optimism Edges Other L2s In Gas Efficiency, Despite Loss In TVL, Revenue

Optimism (OP) has opened the year on an optimistic note as it enjoys a bull run. On the flip side, it has suffered sluggishness in terms of total value locked (TVL). Here’s a quick snapshot of Optimis...

Platypus Unveils Launch of Its Native Stablecoin (USP) to Boost Capital Efficiency

Advertisement &nbsp &nbsp Avalanche-based AMM that facilitates seamless exchange between pegged assets, Platypus Finance, has announced the launch of its native stablecoin, US...

GM, Stellantis rank worst for fuel efficiency, even amid EV push

GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images DETROIT – General Motors may be transitioning to an all-elec...

Ethereum upgrade doubled energy efficiency rates, study reveals

Ethereum’s recent upgrades showcase a cut in the power demand by cryptocurrency networks, with the study indicating the crypto could be going green. The Ethereum post-merge era Ethereum, one of the mo...

How smart contracts can improve efficiency in healthcare

Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online agreement...

Baidu & Kuaishou Earnings Highlight Cost Efficiency

Kuaishou Earnings Overview Kuaishou reported earnings that came in below analyst estimates, posting a third-quarter loss of RMB -3 billion. Some analysts have lowered their revenue and user growth est...

Improving Capital Efficiency of Staking

November 14, 2022, 12:57PM EST • 7 min read Quick Take Liquid staking and superfluid staking are some of the typical methods to improve the capital efficiency of staking. Cross-staking enables the sam...

Blockchain IOT for Less Vulnerability and More Efficiency

The fear that our entire world is built upon faulty information is more real than ever. And to tackle this issue, scientists have started to look for a more efficient economical environment by combini...

Europe Set to Roll Out Energy Efficiency Labels for Blockchains

The European Union is set to develop an energy efficiency label for blockchains. The European Commission has introduced these measures as part of wider plans to control the energy consumption of the I...

In Q3, The Bitcoin Mining Council Reports Mining Efficiency & Security Increases

The still-controversial Bitcoin Mining Council is back at it. For the sixth consecutive quarter, the organization published a report that shows how transparent and accountable the bitcoin mining indus...

European Union To Introduce Blockchain Energy Efficiency Labels

5 hours ago | 2 mins read Bitcoin News The EU decided against a prohibition on proof-of-work crypto mining in March 2022. Some market players will be required to disclose their impact on the environme...

European Union Crafting Energy Efficiency Label for Cryptos

The executive body of the European Union is working to produce a metric that will express the energy efficiency of a cryptocurrency. In collaboration with international partners, the European Commissi...

Mercedes-Benz and Microsoft Collaborate to Boost Efficiency, Resilience and Sustainability in Car Production

Mercedes-Benz introduces MO360 Data Platform, connecting passenger car plants to Microsoft Cloud Vehicle production efficiency expected to improve by 20 percent by 2025 Logistic teams to solve supply ...

 Efficiency updates to FTX announced by Sam Bankman-Fried 

The crypto derivatives platform is expected double its order throughput The update will significantly reduce order latency – CEO Partnership with Visa would allow FTX users to pay for goods and servic...

Sam Bankman-Fried announces efficiency updates to FTX

The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO. FTX CEO Sam Bankman-Fried announced in a series of tweets that, ov...

FTX Rolls Out Series of Efficiency Updates, Market Seems Unenthusiastic

Cryptocurrency exchange FTX is launching a series of developments over the next month that will reportedly make it more efficient, the company’s CEO announced. “Over the next month, we’ll be rolling o...

Here’s How Some Projects Are Redefining Cross-platform Transaction Efficiency Forever

– Advertisement – There’s no denying that blockchain technology has continued to garner an increasing amount of interest from a number of different industries. This is best highlighted by ...

Working Group to Develop Efficiency Standard for Crypto Mining in Russia – Mining Bitcoin News

Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center opera...

SWIFT’s New Blockchain Pilot Project Aims to Drive Efficiency Around Corporate Events

Leading secure financial messaging system SWIFT is testing out blockchain in a pilot project with fintech company Symbiont Inc. Previously, SWIFT explored ways how to enter the central bank digital cu...

Ethereum merge will bring huge energy efficiency

With the much anticipated Ethereum merge only 11 days away, much is being made of the projected changes to the network. However, arguably the biggest change is the massive decrease in energy consumpti...