Despite the layoffs, the CEO remains convinced that client funds are safe and assures the company remains strong.
While the bank’s stock and bond folios took a major hit, the gains with the gold holdings have managed to subside the losses.
Jefferies wrote that Coinbase would be “acutely pressured in the near term” as retail customers withdraw from crypto after the FTX crumble.
The Korean-based entity will take up a new name, and henceforth, operate independently from Huobi Global.
Sales of Rolls-Royce luxury cars for 2022 surpassed 6,000 units, trumping 2021’s commendable feat of 5,586.
The UK PM has been in renewed talks with relevant stakeholders regarding an Arm IPO listing on the London Stock Exchange.
Several Ant-linked firms experienced a notable increase in the value of their shares after a Ma organizational development.
Jack Ma’s giving up control has already pushed the timeline of the IPO launch for three years on Shanghai’s STAR Market.
The Chinese government appears to be easing down on its crackdown on top tech companies and this may be a perfect window for WeDoctor to launch.
The company’s vice president of trust and safety, Ella Irwin, told reporters that Twitter made some cuts in the trust and safety team on Friday night due to low volume growth.
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,964 crypto jobs have been lost.
Genesis conducted the latest staff cut after the company informed clients about “reducing costs and driving efficiencies” amid challenging times for many crypto firms.
DCG once appeared to be untouchable but may fast be losing its stability.
The price reductions became necessitated when Tesla recorded a very low delivery count in December last year, the lowest in more than 5 months.
The Digital Emotional Experience will bring virtual reality to BMW, which will display an array of important details on the windshield.