Virgin Orbit Shuts Down Operations and Divests Assets Following April Bankruptcy
Aerospace spinoff Virgin Orbit recently shut down, ending six years of operation after failing to secure a funding lifeline.
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Aerospace spinoff Virgin Orbit recently shut down, ending six years of operation after failing to secure a funding lifeline.
Waymo will offer autonomous ride-hailing service and delivery via Uber Eats in the 180-square-mile operating territory around Phoenix.
Following the participation of Spark Capital in the just concluded Series C funding round, Yasmin Razavi, a General Partner at the venture capital fund, joined Anthropic as part of the board of directors.
Coinbase shares dropped 3.23% to trade around $59.20 as Bitcoin slipped below $27k again.
As proof of its growing interest in AI, the Solana Foundation has also announced its decision to increase funding for grants targeted at the development of AI on the Solana blockchain.
Shutterstock will acquire Giphy from Meta for $53 million in cash, complying with the UK regulator’s order to divest the animated-images platform due to competition concerns.
Given the significance of 5G technology in the advancement of consumer electronics and connectivity, Apple said it is spending tens of billions of dollars to develop this field in the US.
Alibaba Cloud has emerged as an early IPO candidate and will reportedly pursue a 7% staff layoff amid its ‘streamlined’ restructuring.
Per the IMF outlook, resilient demand in the context of declining energy prices can encourage a positive outlook for the UK economy in several ways.
The report says that macro drivers favor MicroStrategy shares in terms of the de-dollarization of the world economy.
Bitget secured regulatory licenses as a virtual asset service provider in Poland and Lithuania, witnessing significant growth and positioning itself among the Top 4 centralized crypto exchanges.
Indian retail giant Reliance JioMart has begun its layoff plan, which is expected to last several weeks and impact 10,000 employees.
Hong Kong will open crypto trading activities to retail investors starting June 1, 2023.
Several jurisdictions have made outstanding efforts to release standard crypto regulations to safeguard citizens and their assets.
Namada said it is its Switzerland-based non-profit arm, the Namada Foundation that will be in charge of issuing out the NAM tokens that will be airdropped to OSMO holders.