Twitch lays off over 400 staff amid Amazon downsizing
Twitch, the Amazon-owned livestreaming platform, has announced it laid off about 400 employees due to macroeconomic headwinds.
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Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa
After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by…
Car makers, fashion giants and pet food brands seek Web3 trademarks as 2023 rolls on
The first two months of 2023 haven't seen a slowdown in trademark filings, with recent filings covering automotive, clothing and fast-moving consumer goods.
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Is Amazon finding its way in games? | Sarah Anderson interview
Amazon Games is finding its way in games publishing Asian titles in the West and giving breathing room to internal titles.
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Amazon leads $20M investment in synthetic celebrity startup Superplastic
Amazon led a $20 million investment in entertainment firm Superplastic, which makes synthetic celebrities such as Janky and Guggimon.
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Top 5 stories of the week: AI continues to reign supreme
OpenAI-powered Bing; AWS' ML-fueled fulfillment; IBM supercomputer creating foundation models — these are among our top stories of the week.
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Ebay Expands Into NFT and Web3 Space With New Job Openings
The online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT) technology, according to several Linkedin job postings. Ebay is looking…
Avalanche ‘bull trap’ risks pushing AVAX price down by 30% in February
The price of AVAX has more than doubled in 2023, but a growing divergence between several key metrics hints at a bearish reversal ahead.
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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited…
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FTX Publishes Creditor List, Owes Millions to Well-Known Institutions and Government Agencies
The now-defunct crypto exchange FTX has published its list of creditors, with the names unredacted. The comprehensive list, which is over 100 pages long, shows that FTX owes a lot…