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- Technology
With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded with repossessed rigs are keeping them running for the income (David Pan/Bloomberg)
David Pan / Bloomberg: With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded…
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Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash (Nikou Asgari/Financial Times)
Nikou Asgari / Financial Times: Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture…
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Black US founders raised around 1%, or an estimated $2.254B, of the total US venture capital raised in 2022, down from the record 1.3% in 2021 (Dominic-Madori Davis/TechCrunch)
A quick recap of Zoho Assist in 2022 — For those of us at Zoho Assist, 2022 was a game…
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How Elon Musk's finances got more complicated as TSLA dropped 65%+ in 2022, shrinking his borrowing power and his fortune from an estimated $340B peak to $140B (Tim Higgins/Wall Street Journal)
Tim Higgins / Wall Street Journal: How Elon Musk’s finances got more complicated as TSLA dropped 65%+ in 2022, shrinking…
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TuSimple confirms plans to lay off 25% of its workforce, or an estimated 350 workers, following a rough year for the self-driving trucking company (Rebecca Bellan/TechCrunch)
The year we’ve had: Office Integrator in 2022 — We began 2022 with the goal to make office editor integration…
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