Technology

Theranos founder sentenced to 11.5 years in prison

Theranos founder Elizabeth Holmes has been sentenced to over 11 and half years over various charges. At her preliminary, she was found blameworthy on four of 11 counts connected with cheating financial backers; however, she was not seen as...

FTX declares bankruptcy after a week of drama

The once-third-biggest crypto platform FTX has tumbled from glory in the previous week and has now reported it petitioned for chapter 11 in the U.S. FTX President and organizer Sam Bankman-Fried has left his job, and Enron circle back veteran...

Meta cuts 11,000 jobs as challenges continue to plague the company

Mark Zuckerberg has reported that Meta will lay off 11,000 of its representatives - - an expected 13% of its labor force - - and will likewise be taking "some extra moves toward becoming a less fatty and more...

Binance scraps plan to bail out FTX

Binance is now backtracking on the proposal they had made yesterday to save FTX from financial ruin in a white knight move to save the company. A spokesperson for the company came out and clear the air as to what...

Binance is on the verge of bailing out FTX from collapse with a potential takeover

Binance, the world’s largest crypto exchange is on the verge of acquiring FTX potentially saving the company and the crypto industry from a collapse on levels we have not seen. FTX has been experiencing challenges in the market over...

US DOJ strikes again, seizes $3.36 billion of illicit cryptocurrency

The U.S. Department of Justice on Monday declared that law enforcement captured $3.36 billion of bitcoin from a man who "unlawfully got" more than 50,000 bitcoin from the dark-web market Silk Street a long time back. The U.S. Attorney for...

Elon Musk continues to clean house at Twitter, fires “unessential” workers

Elon Musk is burning through no time making very profound cuts at Twitter, calving off many groups accomplishing fundamental work at the organization all the while. Insight about cutbacks cleared the stage on Friday showing that Musk is going...

Layoff fever hits Lyft as it lays off 13% of work force

Lyft said Thursday it is laying off 13% of its labor force as it attempts to diminish working costs. The ride-hailing organization depicted the slices as a proactive move toward guaranteeing it "is set up to speed up execution and...

Google is winding down services for Hangouts

Google Hangouts, a text, video, and voice talk application incorporated into Gmail, is at long last being closed down today. As reported recently, Google is exchanging Hangout clients over to Google Chat, the organization's Slack-like application for businesses. Beginning today,...

Elon Musk takes over Twitter in showmanship fashion

News broke out Thursday that Elon Musk has become the new owner of the enterprise, but rumors were swirling around for some time that the deal was in very advanced stages. One of his very first moves was to...
-Advertisement-

Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
-Advertisement-