Items tagged with finance
It's hard being in the tech workforce (yet again). Last year we saw widespread layoffs in the sector, but it seems like 2024 might be off to a similar (but so far somewhat smaller scale) start. To that end, tech giant eBay just announced it's letting go of nearly 1,000 full-time personnel (roughly 9 percent) all in the name of "Ensuring eBay’s
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Just one year ago, Bitcoin's value was in the stratosphere at a whopping $65,000 per coin. A series of market-shifting exchange collapses have now dragged prices down to barely over $15,000, erasing years of gains and threatening further liquidity issues that could cripple still more cryptocurrency firms. The...
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Intel on Thursday warned investors that its first-quarter revenue is likely to be $900 million lower than previously forecast as it weathers weaker than expected sales of business PCs. As a result, Intel now expects to record Q1 revenue of $12.8 billion, plus or minus $300 million, compared to its previous...
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We all make mistakes, but as it turns out, some of them are more significant than others. As the Silk Road and Bitcoin saga continues, it appears that a list of bidders who were hoping to place bids for the ~$18 million in seized assets from Silk Road's closure have been made public. For a bit of background, around...
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