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Nickie Louise @ Startups News · 02/01/2024 12:15 EDT

Crypto startup Polygon Labs cuts 60 jobs, or about 19% of its global workforce as tech layoffs top 30,000 in 2004

Crypto startup Polygon Labs announced it plans to reduce its workforce by 60 positions, or about 19% of its global workforce. The decision comes as the company undergoes its second round of layoffs, amidst a tentative recovery in the digital ... Read more

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Startups News
Nickie Louise @ Startups News · 02/01/2024 10:37 EDT

Digital news startup The Messenger shuts down less than a year after burning through $50 million

The Messenger, a digital news startup founded by media executive Jimmy Finkelstein, is shutting down in less than a year, marking a significant setback in the internet media landscape, Axios reported, citing insider information., The announcement follows recent reports hinting ... Read more

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Startups News
chainwire @ Startups News · 02/01/2024 10:13 EDT

Flipster Launches New Earn Pool Feature Allowing Users to Earn Up To 10K USDT Daily on Their Crypto

Warsaw, Poland, January 30th, 2024, Chainwire Flipster, the number one trading platform for altcoin liquidity and the fastest-growing crypto derivatives platform, has finally announced its Flipster Earn Pool campaign. First teased in December last year, the trading platform had been ... Read more

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Startups News
Nickie Louise @ Startups News · 02/01/2024 09:01 EDT

Cadence unveils AI-powered supercomputer for streamlining jet design

The future of supersonic travel got a major boost today with Cadence Design Systems‘ announcement of a new artificial intelligence (AI) supercomputer specifically designed for jet design to simulate how air flows over jets and other gear as its competition ... Read more

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Startups News
financewire @ Startups News · 02/01/2024 07:29 EDT

FBS Analysts Predict Bitcoin Downturn Amidst Anticipation of 2024 Federal Reserve Rate Cut

Singapore, Singapore, February 1st, 2024, FinanceWire FBS analysts project a looming downturn for Bitcoin as the market players await the upcoming Federal Reserve’s key rate cut in 2024. This tendency signals the rising probability of the BTCUSD’s closing bullish trend, ... Read more

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Startups News
chainwire @ Startups News · 01/31/2024 14:05 EDT

Heroes of Mavia Launches It’s Anticipated Game on iOS and Android with Exclusive Mavia Airdrop Program

Hanoi, Vietnam, January 31st, 2024, Chainwire Heroes of Mavia, a groundbreaking Web3 AAA mobile base builder strategy game, is now available on iOS and Android app stores. This launch marks a new era in gaming, merging the thrill of strategy ... Read more

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Startups News
Nickie Louise @ Startups News · 01/31/2024 13:48 EDT

Uncharted Labs, an AI startup founded by three Google Deepmind researchers, raises $8.5 million in funding

As OpenAI and Google continue to advance in developing artificial intelligence for conversational chatbots like ChatGPT, a new wave of startups is emerging to take the lead in the burgeoning realm of AI agents. In this space, these agents employ ... Read more

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Startups News
Nickie Louise @ Startups News · 01/31/2024 12:57 EDT

Harness Backtesting for Optimal Risk Management in Forex

The concept of risk management in the forex trading market is broad. Over the years, we’ve seen experts in the field introduce several ways it can be achieved, like using stop loss, leverage, and maximizing demo accounts. However, it surely ... Read more

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Startups News
financewire @ Startups News · 01/31/2024 12:37 EDT

Internet 2.0 Conference’s 2024 Edition Brings Game-Changing Discussions

Dubai, UAE, January 31st, 2024, FinanceWire The Internet 2.0 Conference will be back in 2024, providing leaders with a legitimate platform in Dubai and Las Vegas to envision the future of technology.  The highly anticipated Internet 2.0 Conference is returning ... Read more

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Startups News
Nickie Louise @ Startups News · 01/31/2024 11:26 EDT

PayPal lays off 2,500 employees, or about 9% of its global workforce

PayPal is laying off 2,500 employees, or about 7% of its workforce, amidst a surge in tech layoffs. The move by the payments giant reflects the broader impact of the global economic slowdown on fintech companies. The news comes exactly ... Read more

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Startups News
Daniel Levi @ Startups News · 01/31/2024 09:43 EDT

VCs are sitting on top of a $300 billion pile of cash even as startups struggle to raise funding

In the world of venture capital, there’s a famous saying that goes, “Nothing ventured, nothing gained.” And this rings particularly true in recent times. According to reports from the Financial Times, venture capitalists (VCs) have amassed an astonishing $435 billion ... Read more

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Startups News
Nickie Louise @ Startups News · 01/31/2024 08:55 EDT

Volkswagen launches new AI lab to accelerate product Innovation, in talks with potential partners for AI-powered prototypes

Volkswagen announced on Wednesday that it’s in talks with various global tech firms to team up and innovate on new digital products and features using artificial intelligence (AI). To generate innovative product ideas and develop early-stage digital prototypes using artificial ... Read more

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Startups News
chainwire @ Startups News · 01/31/2024 06:36 EDT

QRDO Foundation and EQ LAB Announce Strategic Partnership to Launch the Warden Protocol

Cayman Islands, Cayman Islands, January 31st, 2024, Chainwire The QRDO Foundation, dedicated to the growth and development of the QRDO ecosystem, has announced a strategic partnership with EQ LAB, a leading blockchain developer lab, to launch the Warden Protocol. This ... Read more

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Startups News
chainwire @ Startups News · 01/31/2024 05:34 EDT

Unlocking Bitcoin’s Potential: Introducing Merlin Chain, a Native L2 Solution

NewYork, United States, January 31st, 2024, Chainwire This week, the much-anticipated Bitcoin L2 solution Merlin Chain went live on its testnet, while its mainnet is scheduled to be launching within a month as well. Bitcoin’s Network Congestion Dilemma and Scaling ... Read more

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Startups News
Nickie Louise @ Startups News · 01/30/2024 20:32 EDT

UPS to lay off 12,000 employees as it turns to AI for efficiency

Parcel delivery giant UPS announced on Tuesday that it plans to cut 12,000 jobs, representing approximately 2.5% of its global workforce. The company said the layoff is due to economic challenges and labor disputes that drove away some customers. UPS ... Read more

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Startups News
financewire @ Startups News · 01/30/2024 16:32 EDT

8081.io announces the prelaunch of its automated trading platform for cryptocurrency

San Francisco, California, January 30th, 2024, FinanceWire 8081.io Redefines Crypto Trading with Advanced AI/ML Automation In a landmark development, 8081.io, a leader in cryptocurrency trading automation, today announced the pre-launch of its state-of-the-art automated trading platform. Armed with advanced AI/ML technology, this ... Read more

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Startups News
chainwire @ Startups News · 01/30/2024 15:08 EDT

Sui Blasts into DeFi Top 10 as TVL Surges Above $430M

GRAND CAYMAN, Cayman Islands, January 30th, 2024, Chainwire In the past four months, Sui TVL has jumped by more than 1000%, vaulting the network past Base, Cardano, and Bitcoin in its meteoric DeFi rise Sui, a leading Layer 1 blockchain ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 01/30/2024 11:58 EDT

Food delivery startup Delivery Hero sells stake in rival Deliveroo, market cap plunges to record low

Shares of the German food delivery giant Delivery Hero took a nosedive to an all-time low on Tuesday following its decision to offload its minority stake in rival Deliveroo. The news came after Delivery Hero’s announcement late Monday that it ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 01/30/2024 09:39 EDT

Green Exit: Buyout giant KKR and Taeyoung to sell South Korea’s JV Ecorbit in over $2 billion deal

KKR & Co, a global buyout firm, and South Korea’s Taeyoung Group are planning to sell their joint venture Ecorbit in a deal that may value the environmental company at over $2 billion, Reuters reported, citing two individuals familiar with ... Read more

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Startups News
chainwire @ Startups News · 01/30/2024 09:05 EDT

The revolutionary Massa ecosystem is launching now

Paris, France, January 30th, 2024, Chainwire With a 150k-strong community, thousands of nodes around the world, a custom consensus technology, and its native MAS token, the award-winning Massa blockchain is launching with unique features such as Autonomous Smart Contracts, enabling ... Read more

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