Monthly Archives: November 2022

Binance chief says FTX going down ‘not good for anyone’, warns of greater regulatory scrutiny

Binance founder and chief executive Changpeng Zhao says FTX “going down is not good for anyone in the industry,” and the ongoing episode has “severely shaken” the confidence of consumers, a day after the world’s largest exchange signed a non-binding agreement to acquire its most formidable rival firm. Zhao said the sudden liquidity crunch at…

Web3 messaging infrastructure Notifi raises $10M seed round co-led by Hashed, Race Capital 

Notifi, a communication infrastructure platform for Web3, said Tuesday it has raised $10 million in an oversubscribed seed funding co-led by previous backers Hashed and Race Capital. Other investors include Struck Capital, HRT Capital, Wintermute, Superscrypt founded by Temasek, bringing its total funding to $12.5 million.    The ten-month-old startup wants to address the broken…

‘Spirited’ review: Ryan Reynolds and Will Ferrell can’t save this Christmas carol

As common as the yuletide traditions of decorating a tree, sending holiday cards, and stressing out about gift giving, there is adapting Charles Dickens’ classic novella “A Christmas Carol.” The iconic story of a miserly Scrooge whose surprise intervention by a trio of ghosts transforms him from jerk to jolly has inspired period dramas, contemporary…

Cloud giants file major EU antitrust suit against Microsoft

A cloud computing industry group has filed an antitrust complaint about Microsoft to the European Commission’s Directorate-General for Competition. The body, dubbed Cloud Infrastructure Service Providers in Europe or “Cispe”, is made up of 24 cloud infrastructure providers, including some of Microsoft’s biggest rivals in the cloud hosting space such as Amazon Web Services (AWS)….

Redfin is shutting down its home-flipping business and laying off 13% of staff

Sundry Photography/Shutterstock Redfin announced layoffs on Wednesday. 13% of its staff will be impacted. It’s also winding down its home-flipping business, RedfinNow. The real-estate company Redfin announced on Wednesday that it would lay off 862 staffers, or 13% of its workforce. 264 of those are related to the company’s home-flipping business, RedfinNow, which it will…

My partner and I earned over 14,000 points from our first credit card — here’s how we’re using rewards to save big at Amazon this holiday season

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The author, Tessa Campbell, is using rewards from her Amazon credit card…