Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000

Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000

a year ago
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https://techcrunch.com/2022/11/09/daily-crunch-meta-decimates-its-staff-as-the-social-media-giant-lays-off-11000/

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Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while. Wild, given that the cryptocurrency was trading at $65,000 or so a year ago. That’s a 74% decrease. What kind of winter is this — are we seeing a crypto cold snap or crypto permafrost? Answers on an immutable blockchain transaction, please.

Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000

Nov 9, 2022, 11:32pm UTC
https://techcrunch.com/2022/11/09/daily-crunch-meta-decimates-its-staff-as-the-social-media-giant-lays-off-11000/ > To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. > Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while. Wild, given that the cryptocurrency was trading at $65,000 or so a year ago. That’s a 74% decrease. What kind of winter is this — are we seeing a crypto cold snap or crypto permafrost? Answers on an immutable blockchain transaction, please.