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t.co
US tech companies laying off employees serves as a wake-up call for Ireland, a longtime European hub for Big Tech, which has added 24,000 IT jobs since Q1 2021
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t.co
)
2022-11-18
Europe
Ireland
Analysis: Masayoshi Son personally owes SoftBank ~$5B due to its growing losses; his stake in the second Vision Fund is close to zero, down from $2.8B in 2021
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t.co
)
2022-11-18
OnlyFans plans to let creators sell merchandise directly to viewers in partnership with e-commerce platform Spring
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t.co
)
2022-11-17
Candy Crush shows little sign of disappearing even after 10 years, with estimated earnings similar to the Star Trek franchise, but lacks similar cultural impact
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t.co
)
2022-11-17
The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China's Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport
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t.co
)
2022-11-17
China
YouTube introduces Shorts shopping features, letting users buy products while scrolling through videos, diversifying its revenue streams during a weak ad market
(
t.co
)
2022-11-15
YouTube
An in-depth look at North Korea's crypto cyber crime, used to support the regime: hacking Axie Infinity and Bangladesh Bank, running a fraudulent ICO, and more
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t.co
)
2022-11-15
Korea
ICO
Bangladesh
Factors like a fall in demand and an increase in manufacturing capacity have led to a sharp chip cycle downturn, suggesting a bottom in the market may be near
(
t.co
)
2022-11-14
Manufacturing
A profile of Changpeng Zhao, as sources describe a divisive entrepreneur on a relentless drive to grow at all costs, including by ignoring regulatory compliance
(
t.co
)
2022-11-13
Entrepreneur
FTX balance sheet: $900M in liquid assets the day before bankruptcy, including $470M in Robinhood shares owned by an SBF entity not listed in bankruptcy filings
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t.co
)
2022-11-13
Asset
A look at Sam Bankman-Fried's rise and fall in DC: becoming the face of crypto regulation, proposing bills, and testifying to Congress before FTX collapsed
(
t.co
)
2022-11-11
As FTX faces bankruptcy, an attempt to untangle its extremely complex corporate structure, which could pose a problem for liquidators and law enforcement
(
t.co
)
2022-11-11
Memo: Binance CEO Changpeng Zhao says FTX's near collapse “severely” shook confidence in the crypto industry, offers some deal details, and halts FTT sales
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t.co
)
2022-11-10
Sources: TikTok slashed its global revenue targets from $12B-$14.5B to ~$10B; employees complain that the company overspent in salaries, social events, and more
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t.co
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2022-11-9
Sources: responding to a slowing economy and weakening ad market, ByteDance overhauls TikTok's US operations, including demoting general manager Sandie Hawkins
(
t.co
)
2022-11-9
Apple is now more profitable than Chinese tech giants as its bargain with Beijing lets the company evade the tech crackdown while gaining from US chip sanctions
(
t.co
)
2022-11-8
China
Apple
The UK's ICO reprimands the Department for Education for giving employment screening company Trustopia access to data on up to 28M children from 2018-2020
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t.co
)
2022-11-7
Education
ICO
Sources: Alibaba, Biren, and other Chinese companies halt advanced chip production and tweak designs, responding to US sanctions that cap processing power
(
t.co
)
2022-11-7
China
Alibaba
Flipkart CEO Kalyan Krishnamurthy says the company will cut back on dealmaking and hiring as losses mount, amid fierce competition from Amazon and Reliance
(
t.co
)
2022-11-6
Amazon
Current and former Twitter staffers shed light on Musk's “War Room”, which includes Jason Calacanis and David Sacks, tasked with transforming Twitter's business
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t.co
)
2022-11-5
Twitter
Sources: China's central bank struggles to get Tencent, Meituan, and others to share user data with state credit scoring companies before the December deadline
(
t.co
)
2022-11-4
China
Central Bank
Tencent
Combined capital spending by Alphabet, Amazon, Apple, Meta, and Microsoft grew 32% in 2021, same as in 2020, to $140B, and 20% in the first nine months of 2022
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t.co
)
2022-11-4
Amazon
Microsoft
Apple
Alphabet
A look at life for ether miners after the Merge, including repurposing obsolete equipment to mine other cryptocurrencies, host cloud services, and heat homes
(
t.co
)
2022-11-2
The UK's Ofcom begins scrapping a requirement that BT and KCOM provide dedicated landlines at affordable prices, sounding the death knell for the fax machine
(
t.co
)
2022-11-2
Sources: Morgan Stanley and six banks plan to hold $12.7B in debt from Elon Musk's Twitter buyout until early 2023, pending a clearer business plan from Musk
(
t.co
)
2022-11-1
Morgan Stanley
Twitter
Elon Musk
India's ban on Chinese video games has boosted its domestic industry but foreign publishers, wary of the heavy-handed approach, are afraid to invest
(
t.co
)
2022-11-1
China
India
Ban
Sources detail the twists and turns in Elon Musk's $44B Twitter takeover, starting in March, falling apart, and then closing late on October 27
(
t.co
)
2022-10-31
Twitter
Elon Musk
eMarketer: US advertisers are on track to spend $65.3B on Facebook, Twitter, and other social networks in 2022, up just 3.6% YoY, and ~10x slower than in 2021
(
t.co
)
2022-10-29
Facebook
Twitter
TikTok adds a dedicated gaming tab to its app; sources say TikTok will host mobile games where ads can be served and users can pay for more content
(
t.co
)
2022-10-27
Mobile
Analysis: one year after launching, ProShares' bitcoin ETF has lost ~$1.2B of investors' money as its share price dropped by 70%
(
t.co
)
2022-10-27
Bitcoin
ETF
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