Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk’s electric automaker Tesla is reportedly planning to implement a hiring freeze and conduct a round of layoffs in the next fiscal quarter, sources told Electrek Wednesday morning, as the company’s stock tumbles while Musk comes under fire for his handling of Twitter. Tesla reportedly plans to…
Share to FacebookShare to LinkedinTopline A Bahamas judge on Wednesday approved the extradition of former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, from a Nassau jail to the United States, where the former crypto wunderkind faces a slew of criminal charges tied to the implosion of his multi-billion-dollar exchange and allegations he…
© Reuters. The logo of Russian bank Otkritie is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov By Alexander Marrow, Maria Kiselyova and Elena Fabrichnaya MOSCOW (Reuters) -The Bank of Russia on Thursday agreed to sell bailed-out Otkritie Bank to the country’s No.2 lender, state-owned…
© Reuters. FILE PHOTO: People cross a main road outside a shopping mall during afternoon rush hours in Jakarta, Indonesia, November 30, 2022. REUTERS/Willy Kurniawan By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s central bank raised its key policy rate on Thursday but at a slower pace than in recent months, reaffirming that inflation…
© Reuters. FILE PHOTO: Woman strolls through the Sodermalm area of Stockholm, Sweden October 22, 2020. Amir Nabizadeh/TT News Agency via REUTERS COPENHAGEN (Reuters) – The Swedish economy will enter a deeper, more long-lasting recession next year than previously forecast as soaring energy prices drive up inflation, hitting households and businesses, the country’s finance ministry…
As the world continues to become more digital, the demands and needs of consumers are changing — and NFTs might be a big part of the future for brands looking to shake up their rewards programs, Adam Brotman, co-CEO and co-founder of Forum3, said to TechCrunch. “We’re hearing from a lot of other brands, whether…
Rising interest rates and fears of a recession have cast a dark cloud over the automobile industry, forcing car companies to consider their options to keep new cars moving off the lot. The good news for the auto industry is that new vehicle inventory levels have been improving, Kelley Blue Book said in a Dec.…
We gift each other a lot of books each year. It’s a good practice, as having more books makes you a more handsome individual, and buying books helps support the arts. Or at least quasi-vanity business book publishers. Regardless, we’re wrapping up the TechCrunch Book-A-Thon today with a series of recommendations from founders. Recounting the…
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 topic, think about a question and unpack the rest. This week, Mary Ann is taking the reins with another favorite from…
Share to FacebookShare to TwitterShare to LinkedinBill Gates, who will become a grandfather early next year, weighs in on technologies being evaluated by the Bill & Melinda Gates Foundation that may help address some global problems. Getty Images Despite all the problems facing the world now–Russia’s war in Ukraine, the Covid pandemic, extreme weather–Bill Gates…
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