Everyone knows that price tags, for most of the part, are made up of paper. A tiny amount of plastic is used to protect the price tags so as to make sure it doesn’t fall. But the UK supermarket has changed the game for other supermarkets. Customers recently realized that the price tags are not paper but digital screens.
The new movie ‘Glass Onion’ created by Netflix makes $15 million at the box office with a limited release to only 600 movie theaters.
The troubled cryptocurrency exchange FTX has announced that $370 million worth of cryptocurrency assets were stolen in a hack, just on the same day that FTX filed chapter 11 bankruptcy
The battled cryptocurrency exchange FTX declared Chapter 11 bankruptcy. CEO Sam Bankman-Fried resigned from his leadership position at the helm of the company, passing on the CEO role to John J. Ray III, a lawyer experienced with leading companies such as Enron Corp. through bankruptcies.
Joe Biden, while referring to Elon Musk’s radical changes to the social media platform, said that Musk’s foreign ties should be investigated thoroughly. He did not blame him directly for anything but only urged in the heat of the moment to scrutinize Elon Musk’s foreign ties with other countries.
The bankruptcy of the cryptocurrency exchange FTX crashed crypto markets with Bitcoin falling from its psychologically important $20,000 level to $16,000 within only two days.
Binance, one of the top cryptocurrency exchanges, announced it would not go ahead with the purchase of FTX, another top cryptocurrency exchange and major Binance rival.
Musk, after successfully taking over Twitter for $44 billion is now cutting the 7,500 staff workforce as part of his restructuring.
After lengthy back & forth, Elon Musk was finally forced to purchase a declining company for $44 Billion, Now He is in charge to make it profitable.
Amazon is freezing its hiring while Lyft is laying off 700 workers, accounting for 13% of its employees. The news add to concerns that the tech labor market is cooling as the Federal Reserve continues slowing down the global economy.
LinkedIn data shows that remote job listings are declining. The falling offers to work from home or anywhere come at a time when job seekers show increased appetite for remote work.
Data by the Bureau of Labor Statistics shows that productivity in the workplace has seen its steepest fall since 1947.
