Meta is laying off more than 11,000 employees It’s the first mass layoffs in the company’s history. K. Bell @karissabe NOAH BERGER via Getty Images Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in the company’s … Continue reading Meta abandons its Portal smart displays and smartwatch project following mass layoffs
Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid The company saw its rival’s books and decided to walk away. I. Bonifacic @igorbonifacic Dado Ruvic / reuters FTX won’t be rescued by its biggest rival. One day after announcing a proposed deal to buy the cryptocurrency exchange, Binance said it … Continue reading Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid
