Source: PayPal is pausing work on its stablecoin as regulators increase their scrutiny of cryptocurrencies and its key partner Paxos faces a probe in New York (Bloomberg) - TechnW3
Reviewed by
TechNW3
on
13:41
Rating:
5
Source: Microsoft shut its Industrial Metaverse Core team, formed four months ago to build tools for industrial settings, and laid off the team's 100 employees (Kevin McLaughlin/The Information) - TechnW3
Reviewed by
TechNW3
on
12:41
Rating:
5
Some under-resourced academic and civil-society researchers say Twitter's API paywall will jeopardize the study of influence campaigns and platform manipulation (Brian Fung/CNN) - TechnW3
Reviewed by
TechNW3
on
10:41
Rating:
5
PayPal reports Q4 revenue up 7% YoY to $7.38B, vs. $7.39B est., payments volume up 5% YoY to $357.4B, vs. $360.3B est., and net income of $921M (Emily Bary/MarketWatch) - TechnW3
Reviewed by
TechNW3
on
14:41
Rating:
5
Lyft reports Q4 revenue up 21% YoY to $1.2B, a net loss of $588.1M vs. $283.2M YoY, and active riders up 8.7% YoY to 20.4M; stock is down 20%+ on weak guidance (Kathryn Hardison/Wall Street Journal) - TechnW3
Reviewed by
TechNW3
on
13:41
Rating:
5
The FCC approves Amazon's plan to mitigate its Kuiper satellite internet system's orbital debris; SpaceX asked for stricter conditions on Kuiper's deployment (Michael Kan/PCMag) - TechnW3
Reviewed by
TechNW3
on
12:41
Rating:
5
Microsoft's GitHub cuts 10% of its staff, or an estimated 300+; GitLab cuts 7%, or an estimated 114; report: GitHub will close offices and shift to remote work (Maria Deutscher/SiliconANGLE) - TechnW3
Reviewed by
TechNW3
on
11:41
Rating:
5
Rejecting a deal on Sam Bankman-Fried using encrypted messaging apps, a judge orders his lawyers to make a plan to tighten his bail to ensure messages are saved (New York Times) - TechnW3
Reviewed by
TechNW3
on
10:41
Rating:
5
Affirm reports Q2 revenue up 11% YoY to $400M, vs. $416M est., net loss up 102% YoY to $322.4M, and lays off 19% of its workforce; AFRM drops 16%+ after hours (Lauren Feiner/CNBC) - TechnW3
Reviewed by
TechNW3
on
14:41
Rating:
5
Robinhood reports Q4 revenue up 5% YoY to $380M, net loss down 61% YoY to $166M, MAUs down by 0.8M QoQ to 11.4M, and full-year revenue down 25% YoY to $1.36B (Manya Saini/Reuters) - TechnW3
Reviewed by
TechNW3
on
14:41
Rating:
5