Robinhood is letting go of nearly a quarter of its staff, CEO Vlad Tenev said in a message posted to the company’s blog. “As part of a broader company reorganization into a General Manager (GM) structure, I just announced that we are reducing our headcount by approximately 23%,” Tenev wrote. Read more…
Spain has announced new energy-saving measures, including limits on air conditioning and heating temperatures in public and large commercial buildings, as it becomes the latest European country to seek to reduce its energy consumption and its dependence on Russian oil and gas. Under a decree that comes into effect in Read more…
Children who grow up in low-income households but who make friends that come from higher-income homes are more likely to have higher salaries in adulthood than those who have fewer such friends. “There’s been a lot of speculation… that the individual’s access to social capital, their social networks and the Read more…
MicroStrategy co-founder Michael Saylor gave up his chief executive officer title and said he’ll focus more on Bitcoin after the enterprise-software maker reported a loss of more than $1 billion related to the second-quarter plunge in the price of the cryptocurrency. Bloomberg reports: Saylor, who founded the Tysons Corner, Virginia-based Read more…
Today, the long-running PC and gaming accessory maker Logitech announced plans to launch its own cloud gaming handheld device. Logitech stated it will partner on the software side with China-based Tencent Games for the new device. It is also working with Microsoft’s Xbox Cloud Gaming and Nvidia’s GeForce Now cloud Read more…
According to cyber security firm Volexity, the threat research team has found the North Korean ‘SharpTongue’ group, which appears to be part of, or related to, the Kimsuky advanced persistent threat group, deploying malware called SHARPEXT that doesn’t need your Gmail login credentials at all. Instead, it “directly inspects and Read more…
As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat: Companies that receive the funding have to promise not to increase their production of advanced chips in China. It’s a condition that will certainly add to escalating tensions between Read more…