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Crypto.com to cut 20 percent jobs as industry rout deepens after FTX collapse
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Crypto.com mentioned it might be lowering about 20 % of its workforce, as cryptocurrency exchanges face industry-wide challenges introduced on by the ...

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Elon Musk’s banks may have a way to cut losses from Twitter deal
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Elon Musk's banks, confronted with enormous losses on their dedication to finance the $44 billion buyout of Twitter Inc, could not have the ability to again ...

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Micron warns of tougher times, plans to cut investments by 30%
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Micron Technology, the primary main chipmaker to sound an alarm about falling demand for PCs and smartphones earlier this yr, warned of even more durable ...

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This startup plans to save companies from ‘job cut pains’, but why it may not really help employees
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As Big Tech, unicorns and startups lay off staff throughout the spectrum amid the financial downturn, right here comes a startup that's providing layoff ...

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Crypto companies that have cut jobs, frozen withdrawals or filed for bankruptcy
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Crypto business is witnessing a carnage. In style crypto tokens similar to Bitcoin and Ethereum have nosedived by almost 70% from their document highs amid ...

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Samsung likely to cut phone production by 30 million units in 2022
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SEOUL: Amid the pandemic disaster, South Korean tech large Samsung has reportedly determined to chop its telephone manufacturing by 30 million models this ...

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Xiaomi Redmi 10 launched, Samsung ‘apology’, Google I/O 2022 dates, Vivo phones price cut and more
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This week we noticed new smartphone launches from Xiaomi, Samsung, iQoo, Lava, and Itel. Google introduced dates of its annual developer convention, I/O ...

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IIT-Guwahati team develops 3D printing tech to cut concrete use by 75%
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A staff of researchers on the Indian Institute of Expertise Guwahati (IIT-G) has developed a 3D printed city furnishings utilizing building materials made ...

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Xiaomi 12 series launched, Krafton brings device ban feature in India, Samsung Galaxy M32 5G price cut and more in top tech news of the week
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In accordance with a report by the Financial Instances, Indian tech corporations are anticipated to hike salaries or counter gives by 60-120% subsequent 12 ...

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Bike price cut, rising costs to hit Peloton’s profitability
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Peloton Interactive Inc mentioned its near-term profitability would endure on account of a choice to slash the value of its train bike and better commodity ...

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