Coinbase CEO Brian Armstrong has announced that the company is letting go of 18 percent of its workforce. The reason cited behind this decision is the ongoing recession-like economic climate as well as Coinbase’s overstaffed status. Armstrong has noted that this cost-cutting measure will also make the company function more efficiently.Read More
Monthly Archives: July 2022
US lawmakers urged Google to give accurate results to people seeking abortions rather than sometimes sending them to “crisis pregnancy centres,” which steer woman away from the procedures.Read More
China on Monday urged India to ensure Chinese companies operating in India were not discriminated against, after Xiaomi Corp said its executives there had faced threats of violence during questioning over alleged illegal remittances.Read More
The price of Bitcoin continued to fall Tuesday as the crypto industry struggles with the fallout from the extended sell-off. Things aren’t on the up for altcoins either as investors continue to wean off risk assets and cryptocurrencies.Read More
TikTok says it has completed migrating information on its US users to servers at Oracle. TikTok had more than 1 billion active users globally, and counts the US as its largest market.Read More
The Indian variant of the Poco F4 has been allegedly spotted on the IMEI database. It is expected to be powered by a Snapdragon 870 SoC.Read More
A crypto marketplace backed by some of the biggest names in traditional finance could launch in the coming months, giving mainstream investors another way of getting in on the relatively new asset class.Read More
YouTube has pulled a video probing 2021’s attack on the US Capitol because. The platform has shared that the vide contained election misinformation spread by then president Donald Trump.Read More
India smartphone shipments declined five percent year-on-year in the first quarter of 2022, according to a report by market research firm International Data Corporation (IDC). Xiaomi continued to lead the market, while Samsung retained its second position.Read More
Sequoia India and Sequoia Southeast Asia raised $2.85 billion (roughly Rs. 22,140 crore) across three funds to continue financing entrepreneurs in the region. Sequoia is introducing a specific Southeast Asian fund worth $850 million (roughly Rs. 6,603 crore) for the first time, while the Indian venture and growth funds will receive $2 billion (roughly Rs….