market conditions

Meta Clamps Down as Zuckerberg Tells Team to do More With Less
Meta Clamps Down as Zuckerberg Tells Team to do More With Less
July 01, 2022  |  Meta

Meta told employees to brace for changing economic tides as it reduces hiring outlooks for engineers and leaves other positions unfilled, according to multiple media...

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Aussie BNPL Firm Openpay Bails on the US
Aussie BNPL Firm Openpay Bails on the US
July 01, 2022  |  BNPL

Australian buy now, pay later (BNPL) firm Openpay Group is pulling out of the U.S. after only a few months in the country, Reuters reported...

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As Tech Stocks Fall, Startups Find VCs Setting Much Stricter Terms
As Tech Stocks Fall, Startups Find VCs Setting Much Stricter Terms
June 30, 2022  |  Investments

With the economic climate turning chilly and tech stocks tumbling, venture capitalists have begun presenting starts with much tougher terms. That’s according to a Thursday...

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Citing Inflation, Just Eat Takeaway Hikes Commissions
Citing Inflation, Just Eat Takeaway Hikes Commissions
June 27, 2022  |  Delivery

Europe’s largest online meal ordering service is raising the commission it charges to restaurants throughout the region. As Reuters reported Monday (June 27), Just Eat...

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Celsius Hires Restructuring Experts Ahead of Possible Bankruptcy
Celsius Hires Restructuring Experts Ahead of Possible Bankruptcy
June 24, 2022  |  Cryptocurrency

Embattled cryptocurrency lender Celsius Network has hired restructuring consultants as it prepares for a possible bankruptcy. That’s according to a Friday (June 24) Wall Street...

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Well-Funded Crypto Survivors Smell Blood in the Water
Well-Funded Crypto Survivors Smell Blood in the Water
June 23, 2022  |  Cryptocurrency

When cryptocurrency exchange Binance.US announced it was offering zero-fee trades on bitcoin, the results were predictable. Its biggest competitor, Nasdaq-listed Coinbase, saw its already crumbling...

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Following Crypto Crash, Search for the Bottom Begins in Earnest
Following Crypto Crash, Search for the Bottom Begins in Earnest
June 21, 2022  |  Bitcoin

As bitcoin crashed well below the psychologically important $20,000 mark over the Juneteenth holiday weekend, bottoming out at levels not seen since the very beginning...

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Is Tether Stablecoin Due for $80B Day of Reckoning?
Is Tether Stablecoin Due for $80B Day of Reckoning?
June 15, 2022  |  Cryptocurrency

Tether’s day of reckoning could be approaching, and if the top stablecoin issuer cannot calm years-long doubts about the state of the cash reserves backing...

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Amazon Stock Split Triggers Ramifications
Amazon Stock Split Triggers Ramifications
June 06, 2022  |  Amazon

Amazon’s stock is up about 5% on Monday (June 6), the first day of the 20-for-1 split announced by the retail behemoth in March, but...

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