SBITM

Snap CEO Evan Spiegel laid down some classic corporate-speak this week in a memo to employees, warning them that hiring would slow down amid an unexpectedly rough second quarter.

European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings.

Deep tech has become a hot topic in Europe, with hopes that the region can have an edge over the rest of the world for innovation rooted in fundamental research. One of the key arguments: European countries have great universities and talent. But how can academic talent translate into startups?

Coinbase Global Inc. founder Brian Armstrong had a personal fortune of $13.7 billion as recently as November and about $8 billion at the end of March. That’s now just $2.2 billion, according to the Bloomberg Billionaires Index, after a selloff in digital currencies from Bitcoin to Ether triggered a precipitous decline in the market value of Coinbase, the largest US cryptocurrency exchange.





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Despite tough times looming, Silicon Valley investors say things could be worse.





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Despite tough times looming, Silicon Valley investors say things could be worse.

Jill Gunter is no stranger to crypto — she’s seen the market through its ups and downs, conducting research on blockchain protocols, working at multiple crypto startups and co-founding her own, and investing as a crypto VC at Slow Ventures. Gunter first started following the crypto space in 2011, when she was working in the traditional finance world as a derivatives trader at Goldman Sachs and when Bitcoin was the only major layer-one blockchain.

Forbes releases its billionaire list annually people on the list who have made their fortunes out of crypto.






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It’s hard to believe there are more technological advances every year, but that’s certainly the case. At some point, it’s natural to think there can’t be any more steps forward. Things have to be as efficient and cost-effective as possible in 2022, right?

Develop Healthy TECH Habits!

The tech giant on Thursday said it had a net loss of $3.8 billion in the quarter ended March 31, a sharp drop in income from the same period last year, when it made an $8.1 billion profit. It was also a big miss from the $4.4 billion profit that analysts surveyed by Refinitiv had forecast.

While many tech companies say they’re loosening up on degree requirements, a Harvard analysis found some big tech firms demanded degrees for more than 70% of jobs.