“I got this wrong, and I take responsibility for that,” said Mark Zuckerberg. Getty Images Meta announced 11,000 job cuts, equating to 13% of its workforce, on Wednesday. The layoffs come just days after Elon Musk sent blunt emails to half of Twitter’s workforce. Mark Zuckerberg has apologized for his decision to cut jobs, unlike…
Voters in the US midterm elections cited inflation a key concern. REUTERS/Rebecca Cook Inflation was a top concern for many US midterm voters, the AP Votecast Survey found. Rising prices have darkened the outlook for growth, jobs, asset prices, and household finances. Inflation and rate hikes are squeezing US consumers, and could plunge the economy…
Yevgeny Prigozhin in Saint Petersburg, Russia, on August 9, 2016. Mikhail Svetlov/Getty Images Putin ally Yevgeny Prigozhin has been an influential player during Russia’s war in Ukraine. He said that tycoons who don’t show enough support for the war should face “Stalinist repressions.” Prigozhin’s comments have worried Russian elites, who told Bloomberg they fear for…
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. Bitcoin IRA offers self-directed IRAs, cryptocurrencies, gold, and more. Bitcoin IRA; Insider…
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, Jen Glantz. Gaby Deimeke With a 2023 recession looming, I’ve…
Binance CEO Changpeng Zhao. Binance Changpeng Zhao doesn’t view the takeover of FTX as a “win for us,” according to a memo to Binance employees. “Regulators will scrutinise exchanges even more. Licenses around the globe will be harder to get,” he said. The Binance CEO also shared on Twitter his takeaways for the crypto industry. …
Binance’s Chao Zhengpeng and FTX’s Sam Bankman-Fried. Horacio Villalobos/CorbisAlex Wong/Getty Images Binance is highly unlikely to move forward with its proposed buyout of FTX, Coindesk reported Wednesday. Binance reconsidering the rescue deal after reviewing FTX’s internal data and loan commitments, the report said. Binance CEO Changpeng Zhao said Tuesday FTX asked for help amid a…
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, Jason Steele (left), and his daughter. Jason Steele For my…
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. Alyssa Powell/Insider Personal Finance Insider is part of Insider’s Service Journalism department…
Apple today seeded the second beta of an upcoming macOS Ventura 13.1 update to developers for testing purposes, with the beta launching two weeks after Apple seeded the first macOS Ventura 13.1 beta. Registered developers can download the beta through the Apple Developer Center and after the appropriate profile is installed, the beta will be…