Technology
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Bitcoin miner Argo Blockchain will avoid bankruptcy filing after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65M and a $35M loan (Aoyon Ashraf/CoinDesk)
Aoyon Ashraf / CoinDesk: Bitcoin miner Argo Blockchain will avoid bankruptcy filing after agreeing to sell its Helios mining facility…
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ZipRecruiter: 37% of laid off or fired tech workers were able to find a job within a month of starting their search and ~79% were able to within three months (Wall Street Journal)
Wall Street Journal: ZipRecruiter: 37% of laid off or fired tech workers were able to find a job within a…
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Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023, weeks after cutting its workforce by 30% (Bloomberg)
Bloomberg: Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023,…
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Southwest Airlines says the operational meltdown over the holiday weekend was partly caused by its scheduling software, which a union rep called as "outdated" (Taylor Rains/Insider)
Taylor Rains / Insider: Southwest Airlines says the operational meltdown over the holiday weekend was partly caused by its scheduling…
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Court filing: Intel and VLSI Technology agreed to end a patent dispute in Delaware where Intel previously said VLSI had asked for more than $4B in damages (Blake Brittain/Reuters)
Blake Brittain / Reuters: Court filing: Intel and VLSI Technology agreed to end a patent dispute in Delaware where Intel…
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Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022 (Erin Woo/The Information)
Erin Woo / The Information: Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021;…
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Filing: US prosecutors charge a man with fraud and manipulation, accusing him of trying to steal ~$110M in October by rigging the DeFi platform Mango Markets (Jonathan Stempel/Reuters)
Jonathan Stempel / Reuters: Filing: US prosecutors charge a man with fraud and manipulation, accusing him of trying to steal…
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