| Getty Images Key Takeaways DoorDash CEO Tony Xu announced that the company would be reducing expenses by letting go 1,250 corporate employees. The company is trying to cut expenses since operating e...
Tag: Tech
Will QQQ Stock and Tech Sector Go Hand in Hand?
As humans have evolved, technology has progressed at a much faster pace. The current state of the planet is that everything we come in contact with, has something to do with some kind of tech. This ho...
censorship resistance and nodes disrupting tech giants
Join Our Telegram channel to stay up to date on breaking news coverage In the twenty-first century, blockchain is the only practical route to privacy and censorship resistance Privacy and censorship r...
Robinhood gaining crypto market share after FTX collapse, CEO says
Robinhood has seen market share increase in the weeks following FTX’s collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange. Tenev also said that the 7.6% s...
Fintech firm Plaid lays off 260 employees
Plaid, a firm that connects banks and fintech firms, laid off about 260 employees as it grapples with the slowing economy. “The simple reality is that due to these macroeconomic changes, ...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlin...
Airwallex Cofounder Lucy Liu Touts Fintech Unicorn’s Prospects Despite Downturn In Tech Sector
Melbourne-born payments startup maintains valuation at $5.5 billion and looks to add staff even as other companies slash jobs. Just a few short years ago, Lucy Liu was hanging out in a cafe in Melbour...
$400 billion erased from European tech market in 2022, Atomico says
The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Europe’s tech industry has lost more than $400 billion in value this year, according to ve...
Ex-FTX Exec Lands at Payments Tech Company Nuvei
FTX’s former global head of payments has resurfaced as an executive at payments technology company Nuvei weeks after the crash of his ex-employer. Adam Jacobs, who began working at crypto exchange FTX...
The Silliest, Most Desperate Moves He’s Made At Twitter So Far
Twitter. getty It’s been such a colossal boondoggle, of almost epic proportions in the business world, that it might be hard to set down the silliest, most ridiculous moves that Elon Musk has made at ...
Bitcoin Price Holds $17k as Tech Stock Index Slips
Digital asset prices jumped to life Monday as bellwether crypto bitcoin found reprieve above $17,000, an area of contention that saw mild volatility oscillating around a key support line. Bitcoin jump...
‘Tis The Season For Retail Tech To Shine
Holiday season. female in sparkle gold sequin santa hat with credit card browsing high fashion … [+] retail online store and on a smartphone while sitting on divan in the modern living room at C...
Spanish Soccer League Laliga Will Certify Goal Scoring Balls Using Blockchain Tech – Blockchain Bitcoin News
Laliga, the premier Spanish soccer league, has announced the implementation of a new system that will use blockchain for tracking soccer balls that were used to score a goal. The system, which will be...
‘Twitter Coin’ hints unveiled by tech sleuth
Twitter may be taking more decisive strides toward integrating crypto payments — and, perhaps, a native coin. Security researcher Jane Manchun Wong extracted code for a vector image depicting a “Twitt...
Buterin Says Follow the Tech Not The Price
Join Our Telegram channel to stay up to date on breaking news coverage Amid the ongoing bear market in the cryptocurrency space, the co-founder of Ethereum, Vitalik Buterin, has advised the cryptocurr...
Vitalik Buterin Advises Focusing on The Tech to Avoid Crypto Weariness
On Dec. 4, Vitalik Buterin responded to a question from a popular community member who said they had grown tired of the scammers and fraudsters in crypto after nine years. Crypto is used primarily as ...
Focus on the tech, not the price
Ethereum co-founder Vitalik Buterin has shared some sage advice for traders feeling the blues of the crypto bear market: Focus on the tech rather than the price. The Ethereum co-founder made the recom...
Ethereum’s Vitalik Buterin Urges People to Focus on Tech Instead of Price
Alex Dovbnya The Canadian programmer believes that the community should make a “positive” pivot toward the tech and the application ecosystem As the cryptocurrency bear market continues to rage on, Et...
Galaxy Digital to acquire custodian GK8 from bankrupt Celsius
Galaxy Digital agreed to purchase high-security custodian GK8 from bankrupt crypto lender Celsius. Galaxy will support GK8’s self-custody solution in the ongoing development of GalaxyOne,...
Tech layoffs keep on coming
Tech layoffs are dominating newsfeeds and headlines, and the cuts are coming across the board. This isn’t the first round of tech layoffs since the end of the pandemic, but this time the cuts ar...
NFTs and the Virtual Economy Research Study 2022: Strategic Imperatives, Opportunity Analysis, The NFT Tech Stack, NFT Ecosystem – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “NFTs and the Virtual Economy” report has been added to ResearchAndMarkets.com’s offering. Non-fungible Tokens (NFTs) refer to unique and distinguishable digital assets stor...
Top Tech Stocks, Resources And Healthcare Themes
A common strategy many investors use around each quarter’s 13F reporting period is to “follow the smart money.” This strategy works most of the time, but this year, investors who hav...
Are Chinese tech stocks a value trap? This expert says ‘no’
Chinese stocks sure look risky at present as protests against the zero Covid policy spread across the authoritarian state. Still, Dan Kemp – the Chief Investment Officer of Morningstar recommends that...
Digital assets could add $40B a year to Aussie GDP: Tech Council report
Up to $40 billion a year (AU$60 billion), could be added to Australia’s national GDP with the right regulatory framework and could lead to enormous cost savings for consumers and businesses acco...
Cramer says he likes stocks in these 4 industries over tech right now
CNBC’s Jim Cramer on Tuesday offered investors a list of industries they should eye over tech when managing their portfolios. Here is his list: related investing news Buy this Big Tech stock now...