To expand the cross-border payment and remittance markets, Strike, a financial app and payment network based on Bitcoin, is entering the Philippines. According to Jack Mallers, CEO of Strike, “the Philippines is one of the largest remitting markets in the world, especially from the United States.” According to Statista data, …
Read More »Cloud data management expert NetApp says it will eliminate 8% of its workforce, or roughly 960 workers, due to the current economic climate
One of the major players in cloud data management, NetApp, announced today that it would lay off 8% of its workforce, blaming the current market’s “reduced spending environment” and “macroeconomic challenges.” According to estimates, the company employs about 12,000 people worldwide, meaning that 960 people will be affected. NetApp announced …
Read More »In the second round of layoffs, Groupon eliminates another 500 employees
In an effort to reduce expenses, Groupon announced last week that it had fired another 500 employees. In August 2022, the e-commerce company had already eliminated 500 jobs, or about 15% of its total workforce. This new round of layoffs, according to the company, will be spread out over the …
Read More »According to Google Fi, hackers gained access to customer data
A data breach has been confirmed by Google Fi, the company that runs Google’s mobile network, and it’s likely connected to the recent security incident at T-Mobile that allowed hackers to steal the personal information of millions of users. The primary network provider for Google Fi recently alerted the company …
Read More »In the 1940s, the USA had a functional mobile phone network
A mobile phone advertisement from the 1940s has recently been rediscovered by Open Culture. Long before the iPhone or the brick from the 1980s Wall Street guy, it depicts a functioning mobile phone. The first part of the advertisement tries to explain the advantages of being mobile and able to …
Read More »Elon stands up, Akio Toyoda turns over the CEO keys, and Waymo faces layoffs
A weekly newsletter devoted to all things transportation is called The Station. Simply click The Station to sign up and receive the weekend edition of the newsletter in your inbox every week. Subscribe without cost. Welcome back to The Station, your go-to location for all people- and package-moving needs in …
Read More »Manu Jain, a Xiaomi executive who founded and expanded their India business, is leaving
Manu Jain, an executive who assisted Xiaomi in establishing and growing its operations in India, has left the company, he announced on Monday, adding his name to a long list of well-known departures from the regional unit, which is steadily losing market share to rivals like Samsung. Jain did not …
Read More »Hypernative, a startup in crypto security, raises $9 million to help stop web3 cyberattacks
As it emerges from stealth, Hypernative, a startup with a focus on crypto security, has raised $9 million in seed funding, according to co-founder and CEO Gal Sagie in an exclusive interview with TechCrunch. With strategic investments from Blockdaemon, Alchemy, Borderless, CMT Digital, Nexo, and angel investors, Boldstart Ventures and …
Read More »In 2022, the Chinese smartphone market will reach a 10-year low
As COVID-19 shakes the second-largest economy in the world, China’s smartphone market is experiencing a speed bump after a decade of frantic growth. According to research firm Counterpoint, the nation’s smartphone shipments fell 14% year over year in 2022, hitting a ten-year low. According to Canalys, it was also the …
Read More »Using Walmart’s new (but glitchy) “Text to Shop” feature firsthand
Text messaging has just become a new method of shopping at Walmart. The retail behemoth just last month introduced its “Text to Shop” service, allowing mobile shoppers on iOS and Android devices to text Walmart the goods they wish to buy from local stores or Walmart.com, as well as quickly …
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