Tag: restructure
Stability AI decimates staff just weeks after CEO leaves
Stability AI is laying off staff in its search of steadier footing following the sudden departure of its CEO late last month.
The British generative...
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Sushi Community Decries Core Team Deleting Governance Forum and Ignoring Snapshots – The Defiant
Community members claim Sushi's core team are treating themselves to undisclosed salary and bonuses.Drama is once again enveloping Sushi, with community members accusing the...
FTX cautions against unauthorized asset sales
FTX, the bankrupt cryptocurrency exchange, has issued a public warning about unauthorized entities soliciting bids for its digital assets, which are exclusively managed by...
Switchback VR Studio Supermassive Reportedly Laying Off 90 Staff
Switchback VR studio Supermassive Games is reportedly laying off "roughly" 90 employees.Best known in VR for Until Dawn: Rush of Blood and The Dark...
Amid declining interest in Shiba Inu and Dogecoin, NuggetRush’s presale sparks investor frenzy
Top Shiba Inu (SHIB) addresses have accumulated more coins over the past two months, with holdings...
Getaround Announces Restructuring Plan to Accelerate the Path to Profitability
Anticipated cost savings of approximately $7 million on annualized run-rate basis
SAN FRANCISCO–(BUSINESS WIRE)–Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world’s first connected carsharing...
A16z’s Chris Dixon Makes the Definitive Case for Why Blockchain Networks — and Tokens — Really Matter – Unchained
Posted February 1, 2024 at 2:33 pm EST. It’s a bit of an odd time to be a high-profile crypto advocate. On the...
The Crypto Roundup: 01 February 2024 | CryptoCompare.com
Collapsed cryptocurrency exchange FTX has informed the judge handling its insolvency case that customers and creditors who provide their losses are expected to receive...
ISX Financial’s Q4 Revenue Hits €10.5 Million: A 35% Growth
ISX
Financial EU Plc (ISX Plc) has unveiled its fourth-quarter results for the
fiscal year 2023, marking a stride in its performance within the 'Bank Tech'
sector....
Tech Industry Job Cuts as Firms Replace Workers with AI
Some employees are already feeling the effects of the significant investments made by tech companies in artificial intelligence.
Several tech companies are making drastic changes...
MoneyHero post-IPO? “Now we scale”
Hong Kong- and Singapore-based digital comparison platform operator MoneyHero went public on Nasdaq in October 2023. Its share price performance has been terrible. Does...
DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis
DCG Resolves Debts Amid Turbulence in the Crypto Sector
The Digital Currency Group (DCG), a key player in the cryptocurrency sector, has accomplished a big...
Journey To Foundation Developer Archiact Confirms Layoffs
Archiact joins a growing list of VR studios undergoing layoffs. Best known for developing DOOM 3: VR Edition and Journey To Foundation, the latter...