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Embark, a self-driving truck startup that went public in 2021, lays off 70% of its staff and mulls ‘shutting down completely’

Self-driving truck company Embark announced Friday it would lay off 70% of its employees and start evaluating options, including “shutting down completely.” The job cut is expected to impact about 230 employees. The company lost nearly a third of its

Self-driving truck company Embark announced Friday it would lay off 70% of its employees and start evaluating options, including “shutting down completely.” The job cut is expected to impact about 230 employees. The company lost nearly a third of its […]

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Bill Gates dismisses the Covid lab leak theory and warns of coming ‘unnatural epidemics’

“The evidence is very clear that it’s naturally caused – it’s a bat virus. We’re going to have natural epidemics and sadly we may have some unnatural epidemics in the future…” After two years of calling it a conspiracy theory

“The evidence is very clear that it’s naturally caused – it’s a bat virus. We’re going to have natural epidemics and sadly we may have some unnatural epidemics in the future…” After two years of calling it a conspiracy theory […]

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Bankjoy raises funding from Curql to grow its mobile banking platform for credit unions & community banks

Michael Duncan is a Detroit, Michigan native who led the development of payment systems for the states of California and Oregon. Later, also worked as a software developer at a local credit union called Michigan First Credit Union. As part

Michael Duncan is a Detroit, Michigan native who led the development of payment systems for the states of California and Oregon. Later, also worked as a software developer at a local credit union called Michigan First Credit Union. As part […]

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Qualtrics, a survey startup SAP acquired in 2018 for $8billion, receives a $12.4 billion buyout offer from Silver Lake and Canada’s CPPIB

In January, we wrote about Qualtrics after the company’s owner SAP announced it was laying off 3,000 employees, or about 2.5% of its workforce. At the time, the German enterprise software giant also said it was exploring the sale of

In January, we wrote about Qualtrics after the company’s owner SAP announced it was laying off 3,000 employees, or about 2.5% of its workforce. At the time, the German enterprise software giant also said it was exploring the sale of […]

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Crypto Mining: Unpacking the Concept of Cryptocurrency Mining and How Digital Currencies are Generated and Secured

Cryptocurrencies have come a very long way since their inception back in 2008. Since the monumental launch of Bitcoin, which still remains the most popular crypto and blockchain network, this industry has only become even more complex. All transactions that

Cryptocurrencies have come a very long way since their inception back in 2008. Since the monumental launch of Bitcoin, which still remains the most popular crypto and blockchain network, this industry has only become even more complex. All transactions that […]

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Tenderly completes its integration with Boba Network to enable developers to build dependable smart contracts

Tenderly, an all-in-one web3 development platform that enables developers to build, debug, test, and run reliable dapps, announced today that it has now fully integrated with the first multichain Layer-2 blockchain scaling solution Boba Network. The announcement comes just four

Tenderly, an all-in-one web3 development platform that enables developers to build, debug, test, and run reliable dapps, announced today that it has now fully integrated with the first multichain Layer-2 blockchain scaling solution Boba Network. The announcement comes just four […]

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Tech layoffs surge past 100,000 as tech companies lay off 123,882 employees so far in 2023

Tech layoffs surge past 100,000 as 454 tech companies laid off a total of 123,882 employees so far in 2023. The good news is that tech companies aren’t letting go of their employees at the scale recorded in January when 65,000

Tech layoffs surge past 100,000 as 454 tech companies laid off a total of 123,882 employees so far in 2023. The good news is that tech companies aren’t letting go of their employees at the scale recorded in January when 65,000 […]

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How the metaverse will revolutionize the world of online sports betting

The metaverse became the latest buzzword in October 2011 after Facebook changed its corporate to Meta to emphasize its new focus on building its technologies around the virtual world ecosystem. The metaverse, a term originally coined by Neal Stephenson in the

The metaverse became the latest buzzword in October 2011 after Facebook changed its corporate to Meta to emphasize its new focus on building its technologies around the virtual world ecosystem. The metaverse, a term originally coined by Neal Stephenson in the […]

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Bitcoin Mining: How to become a bitcoin miner

The price of Bitcoin has seesawed from its peak of $68,990 in November 2021 to $22,352.50 as of the time of writing. The fallen price has not stopped Bitcoin enthusiasts from continuing to mine the world’s most popular cryptocurrency. What

The price of Bitcoin has seesawed from its peak of $68,990 in November 2021 to $22,352.50 as of the time of writing. The fallen price has not stopped Bitcoin enthusiasts from continuing to mine the world’s most popular cryptocurrency. What […]

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LinkedIn co-founder Reid Hoffman leaves OpenAI’s Board of Directors

LinkedIn co-founder and OpenAI’s long-time backer, Reid Hoffman, is stepping back from the company’s board of directors. In a Linked post on Friday, Hoffman said he’s leaving the OpenAI board to avoid conflicts of interest with other artificial intelligence (AI)

LinkedIn co-founder and OpenAI’s long-time backer, Reid Hoffman, is stepping back from the company’s board of directors. In a Linked post on Friday, Hoffman said he’s leaving the OpenAI board to avoid conflicts of interest with other artificial intelligence (AI) […]

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