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Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings


Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with Meta seeing its first quarterly sales decline ever...

Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022


The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to reaffirm that the Bitcoin Network will continue to grow with higher efficiency in the times...

Coinbase Reduces the Size of the Firm’s Workforce by 18%


Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...

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