This year alone, company stock worth has dropped roughly 70 percent. Drew Angerer/Getty Images The social media landscape’s dramatic shakeup continued this morning as Meta announced a 13 percent reduction in its global workforce. In all, over 11,000 employees are being laid off, in response to what CEO and founder Mark Zuckerberg recently called “one…
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Mobile developers earned more than $260 billion on Apple’s App Store between its launch in 2008 and the end of 2021. And yet, Apple doesn’t provide an easy way for companies to maximize how much they make from their apps — and neither does Google, which owns the rival Google Play Store. Enter New York…
Game engine company Unity and adtech company IronSource finalized their merger this week, aiming to “create an end-to-end for developers to build and monetize games,” TechCrunch reported. While there’d be a lot to say about the deal from the perspective of game developers, we’d like to look at this from a different angle and wonder…
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…
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single person, think about their work, and unpack the rest. This week, Natasha interviewed Nolan Church, the CEO and co-founder of Continuum, about…
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…
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…
TL;DR: As of Nov. 9, you can get the WonderCube Pro for just $39.95 instead of $70 — that’s a 42% discount. Stocking stuffers are a great chance to grab fun and interesting gifts for the people you love. If you’re still shopping for tech stocking stuffers, then check out the WonderCube Pro. This all-in-one…
There are so many new PS5 games on the horizon, from hotly anticipated sequels to interesting Indies. In the next six months or so, we’ll see a suite of games that really push the new hardware of the PS5, with gorgeous visuals and cutting edge game design. Games like Marvel’s Spider-Man 2, Final Fantasy 16…
The November edition of Patch Tuesday is upon us, and this time around, Microsoft says it has fixed half a dozen zero-day vulnerabilities that are being exploited in the wild. The most dangerous of the bunch are, obviously, the zero-days. Two are tracked as CVE-2022-41040 and CVE-2022-41082 and are being used in conjunction to allow…