$1.4 trillion wipeout hits crypto industry at Davos — except for a lone flashy orange bitcoin car
After the 2022 crypto crash, fewer crypto companies were features on the Davos Promenade as the industry keeps spending in check.
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Crypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG
Crypto publication CoinDesk has engaged Lazard as it considers a full or partial sale of the business, a subsidiary of Barry Silbert's Digital Currency Group.
Amazon set to begin new round of layoffs affecting more than 18,000 people
Earlier this month, CEO Andy Jassy said in a memo the company was looking to eliminate as many as 18,000 roles.
Amazon, Meta and Google buy more clean energy than any other companies
While companies across the board have been steadily increasing their acquisition of wind and solar power, the tech sector has dominated.
Amazon cited by Labor Department for exposing warehouse workers to safety hazards
Federal officials found Amazon workers at the facilities were exposed to "ergonomic hazards" such as lower back injuries.
Read the memos Amazon execs sent to employees about job cuts
Amazon's HR boss and retail chief sent memos to staff Wednesday saying the company had begun eliminating jobs.
Microsoft is laying off 10,000 employees
Microsoft said it's letting go of 10,000 employees and taking a $1.2 billion charge as the software maker braces for slower top-line growth.
Apple just announced a new $299 HomePod
Apple introduced the second generation of its HomePod Wednesday, the company announced in a release.
How the job of Amazon delivery has changed with Rivian's electric vans and routing software
Now that Rivian vans are delivering in 100 U.S. cities, Amazon drivers say a lot has changed with their experience on the roads.
Twitter is auctioning off espresso machines and kegerators from its San Francisco headquarters
Among the numerous kitchen supplies that Twitter is selling includes a rotisserie cooker, multiple refrigerators and pizza ovens.
FTX says $415 million of crypto was hacked
FTX management updated its estimated asset recoveries to $5.5 billion, and offered a new breakdown of over $400 million worth of missing assets.
Bitcoin has now recovered all its losses since FTX collapsed
Bitcoin's rally has propelled it to fresh highs, as it fully recovers from the losses incurred in FTX's collapse even as the crypto industry braces for tumult.
Apple announces new Mac mini, MacBook Pro with M2 Pro and M2 Max chips
Apple announced an updated Mac mini and refreshed MacBook Pros with its latest M2 chips.
Shares of Roblox pop after December update shows increase in bookings
Shares of Roblox popped Tuesday after the gaming company released its December 2022 metrics report.
Tech executives could be jailed for deliberately failing to protect kids under UK proposal
The U.K.'s culture and digital minister stressed in a statement that the change "will not affect those who have acted in good faith."
Disney rips Peltz over board fight, defends Iger's acquisitions
Disney is pushing back on activist investor Nelson Peltz's bid for a seat on its board.
Nest smart thermostat co-founder is back with a new device for the home, focused on food
Matt Rogers, co-founder of Nest smart thermostat now a Google product, has a new gadget for the home, less smart, but as important: a food waste bin.
New Year, new rally: Why bitcoin is up 28% this month after a tumultuous 2022
Bitcoin has begun 2023 on a positive note. The token climbed above $21,000 on Saturday for the first time in two months, and is now up 28% month-to-date.
Scaramucci sees bitcoin at $50,000 to $100,000 in 2-3 years as market hopes for bull run
Investors expect 2023 to be a year of caution for cryptocurrencies, before a potential bull run that could begin in 2024.
Tesla's price cuts accelerate the EV market's first real recession stress test
Tesla’s sales miss and just-announced price cuts pose the question: Is the new electric vehicle industry going through its first downturn – and is it ready?
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