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Top Stories
- Better.com Teaches Us How Not to Downsize a Company: The digital mortgage lender’s mass layoffs have been widely criticized for their handling. CEO Vishal Garg laid off approximately 900 employees in December 2021, followed by another 3,000 in March.
- Q1 Crypto Losses Spike 695% on Year Following Massive Hacks: The web3 ecosystem lost $1.23 billion to exploits in the first quarter of 2022, an eight-fold increase compared to a year earlier.
- China Reportedly Open to Elon Musk Acquiring TikTok US: The Biden administration’s decision to allow the sale has sparked controversy and raised concerns about national security.
Startups
- EV Startup Harbinger Raises $100M Series B: The company’s focus on simplicity has driven its success, with a valuation of over $500 million.
- Thorax Helps Companies Reach Reliability without Overspending on Cloud Costs: The startup’s technology enables companies to optimize their cloud usage and reduce costs.
Tech Industry News
- Biden Administration Opens Up Federal Land to AI Data Centers: The decision has sparked concerns about the impact on local communities and the environment.
- Tesla’s $100 Million Big-Rig Charging Funding Request Snubbed by Biden Admin… Again: The rejection raises questions about the administration’s commitment to supporting electric vehicle adoption.
Opinion Pieces
- How to Delete Facebook, Instagram, and Threads: A step-by-step guide for those looking to leave social media platforms behind.
- ‘Free Our Feeds’ Campaign Aims to Billionaire-Proof Bluesky’s Tech: An analysis of the potential impact on the tech industry.
Recent Articles
- A Comprehensive List of 2024 and 2025 Tech Layoffs: A roundup of notable layoffs in the tech industry.
- SEEQC Raises $30 Million in New Funding, Sees Quantum Computing as Key to Future Advancements: An article highlighting the company’s focus on quantum computing.
Note: The above is a condensed version of the original article and may not include all the information or details present in the original text.