Gizmodo : Economy

It’s 2023 and financial crimes and their consequences have officially come to cryptocurrency. Relatively new on the laundry list of blockchain-based offenses that can lead directly to jail: insider trading.

Gizmodo : Economy

Silicon Valley layoffs have become commonplace in the last several months as one after another announced they were letting staff go.

Gizmodo

There are arguably already too many ways to order food for delivery right to your door. You can call a restaurant. You can open up your laptop and go online. You can click through an app on your smartphone. Heck, you can summon a drone, if you’re willing to endanger your local power grid.

Gizmodo

Nothing has been more of a spectacle to watch than Meta’s bet on the metaverse—more specifically Horizon Worlds, a virtual reality video game platform from the company.

Gizmodo

Twitter-like apps don’t seem to be doing too hot as of late. Ever since billionaire Tesla CEO Elon Musk bought the blue bird app back in October, a wave of controversy has caused a massive decline in users.

Gizmodo : Economy

The world’s biggest crypto exchange, Binance, is set to halt transfers to and from U.S. bank accounts beginning Wednesday, February 8.

Gizmodo

Mark Zuckerberg said in a recent earnings call that Meta’s next consumer oriented headset, speculated to be the Meta Quest 3, will include full color mixed reality features. This could be a major shift in the VR industry and the company’s continuing fascination with shared virtual spaces.

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In a not-so-surprising, sudden reversal, Elon Musk walked back on plans to completely end free access to Twitter’s application programming interface (API) over the weekend.

Gizmodo

Dell is following in the footsteps of the wider tech industry and is laying off around 6,600 positions. The company is citing a reduced demand for PCs—as well as the economy—for the decision.