The Snap employee layoff plan is seen by the company as crucial to remaining competitive in a weakening market.
While the overall outlook of the firm was further dampened with star investor Ryan Cohen offloading a huge chunk of his stake in the company, Bed Bath is committed to winning back the confidence of its customers, investors, and suppliers.
Swedish fintech giant Klarna recently reported an increase in its operating loss as it looks to remain profitable for investors.
NetEase acquiring the gaming studio behind Star Wars Eclipse indicates the seriousness of its console ambitions.
During a recent earnings call, Baidu revealed that its robotaxis wield a 10% dominance in the Yizhuang ride-hailing market.
As part of its roadmap, the company is on the verge of creating a PROOF social platform, as well as a new Decentralized Autonomous Organisation (DAO).
Temasek has always been actively investing in the crypto industry. The company is focused on backing crypto-related companies despite the recent crypto crash.
Hurun said 369 companies found their positions newly on the list, while 81 dropped off the register.
Seven Seven Six said that they will use $177.6 million for its Kryptós fund which will invest in crypto tokens available at a discount after the recent market correction.
The exit of Nokia, Ericsson, and Logitech from Russia will result in problems for MTS, Tele2, and Beeline operators that developed their networks using the equipment of these companies.
Limit Break is taking a big leap with its new “free to own” model considering how F2P has become a dominant business model in gaming.
The stock futures and the broader market is bound to see more pricing pressures with the proposed interest rate hike as planned by Federal Reserve officials.
With the story making headlines and raising attention from prominent individuals, Ava Labs CEO has denied the allegations. Sirer claimed that he and the company would never involve themselves with such behavior.
For Virtuzone, the deal will help advance the use of cryptocurrencies, with the company playing a key role in the Web 3.0 movement in the UAE. Meanwhile, Binance will expand the customer base of its Binance Pay service.
The rumors about FTX potentially buying Huobi are not a surprise, considering FTX race in acquiring spree, even during the crypto winter. This year so far, FTX already signed a few acquisition deals.