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A comprehensive list of 2025 tech layoffs
Yahoo Finance· 2025-09-22 16:28
Group 1 - Company is eliminating 221 positions across its Milpitas and San Francisco offices, effective October 13, as part of a broader workforce-reduction strategy [1] - Another 262 jobs are being trimmed at the San Francisco headquarters, with layoffs set to take effect November 3, following previous cuts in Seattle and Bellevue [2] - The company has cut 101 jobs in Seattle and 262 in San Francisco, with no explanation provided for the layoffs [3] Group 2 - Rivian has laid off about 200 workers, or 1.5% of its staff, due to the end of federal EV tax credits and cooling demand, while still moving ahead with plans for a lower-cost model [4] - The company has reduced its headcount by approximately 140 employees, accounting for roughly 1% of its total workforce, primarily affecting the manufacturing team [30] Group 3 - Company has laid off about 500 jobs, roughly one-third of its data annotation team, as it shifts focus from generalist AI tutors to specialist roles [5] - Kaltura is cutting 10% of its workforce, or about 70 employees, to reduce operating expenses by $8.5 million while maintaining sales and marketing budgets [14] - Yotpo is laying off about 200 employees, roughly 34% of its global workforce, as it shuts down email and SMS marketing operations [15] Group 4 - Company is cutting 106 positions at its Seattle and Liberty Lake offices as part of a broader global workforce reduction [11] - Oracle is set to cut 101 jobs at its Santa Clara location, with additional layoffs planned in Seattle [10] - Bumble announced it will cut approximately 240 jobs, or 30% of its workforce, to enhance operational efficiency [32] Group 5 - Microsoft is planning to cut 9,000 employees, which is less than 4% of its global workforce, following a series of earlier layoffs [27] - Google has downsized its smart TV division by 25% of its 300-member team, while increasing investment in AI projects [34] - Intel is reportedly planning to lay off nearly 2,400 workers in Oregon, which is almost five times more than previously announced [24]
X @Ethereum
Ethereum· 2025-09-22 16:14
Blockchain Choice - Giza's agents could have launched on any blockchain, but Ethereum was the initial choice [1] - Ethereum is considered the perfect launchpad for Autonomous Finance [1] Company Strategy - The company chose Ethereum as its foundation [1]
HSBC Debuts Cross-Border Tokenized Deposit Offering
PYMNTS.com· 2025-09-22 14:54
HSBC expanded its tokenized deposit service (TDS) to include cross-border transactions.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The real-time solution for corporate clients conducted its first U.S. dollar cr ...
X @Polygon
Polygon· 2025-09-22 14:16
"The through line has always been making web3 accessible at scale."- @0xMarcB on what we've learned over years of testing and experimenting, and why we're focused on building infra to scale and connect blockchains, no matter whathttps://t.co/JhWnc5x5jV ...
Trust Stamp registers blockchain identity token in Wyoming; shares up 9%
Proactiveinvestors NA· 2025-09-22 14:13
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
Altcoin Spotlight: AVAX and BNB Gain Massive Institutional Backing
Yahoo Finance· 2025-09-22 13:50
Avalanche and Binance’s BNB token are emerging as the biggest winners in the race for institutional adoption. The major backing for the two altcoins came from two publicly-listed companies amid AVAX crashing more than 6% and BNB dropping almost 4% in the past 24 hours, according to CoinMarketCap. AVAX: First Publicly-Traded Avalanche-Focused Company AgriFORCE Growing Systems Ltd (AGRI) unveiled plans to rebrand as AVAX One, becoming the first NASDAQ-listed company dedicated to Avalanche. The company is ...
Trust Stamp announces Registration of Identity-Related Blockchain Token
Globenewswire· 2025-09-22 13:45
Trust Stamp announces the registration of the “TRUSTED” Ethereum token on the Wyoming Digital Asset RegisterAtlanta, GA, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI) announced the registration of the TRUSTED token on the digital asset register of the State of Wyoming. TRUSTED is an ERC-20 token that was first deployed by Trust Stamp on the Ethereum Blockchain on May 14, 2021 and is linked to the company’s public wallet address: truststamp.eth. The registration was completed on September 19, ...
24/7 Market News: VENU's Crypto Strategy- Tokenizing the Live Events Boom
Globenewswire· 2025-09-22 13:30
Core Insights - VENU (NYSE American: VENU) is set to launch a blockchain-powered digital platform in early 2026, aiming to enhance ticket sales and audience engagement through tokenized memberships and a "soft ticketing" system [1][2][3] Group 1: Company Strategy and Vision - VENU's founder, J.W. Roth, projects $2 billion in annual ticket sales by 2030 across multiple venues, emphasizing that blockchain integration will significantly boost ticket sales and audience reach [2][3] - The company has a $1.3 billion construction pipeline, with a potential to scale ticket revenue to $1 billion or more in the near term through its digital strategy [2][3] - The live events market is expected to grow from $466 billion in 2025 to $652 billion by 2032, with digital ticketing already accounting for 40% of sales [3] Group 2: Digital Platform Features - VENU's platform aims to extend its reach into various digital spaces, enhancing live-streamed entertainment and creating new fan engagement experiences [3][4] - Key features include tokenized memberships and rewards, allowing fans to earn $VENU tokens for participation, which can be redeemed for various perks [7][8] - The platform will facilitate low-fee transactions through NFTs, potentially increasing revenue by 20-30% by eliminating traditional ticketing fees [6][7] Group 3: Market Dynamics and Growth Potential - The integration of blockchain technology is expected to drive 25% of sales by 2028, with NFTs transforming tickets into tradable assets [7][8] - VENU's physical assets, such as the 8,000-seat Ford Amphitheater, provide a solid foundation for this digital pivot, enhancing liquidity and audience engagement [4][5] - The company is targeting underserved U.S. markets with a $5 billion development pipeline, leveraging public-private partnerships to accelerate growth [5][9]
Reliance Global Group (RELI) Completes Initial Cardano (ADA) Purchase Under Digital Asset Treasury Initiative
Globenewswire· 2025-09-22 13:15
Core Insights - Reliance Global Group has completed its first purchase of Cardano (ADA) as part of its Digital Asset Treasury initiative, enhancing its digital asset portfolio with a focus on scalable and energy-efficient blockchain technology [1][2] - The company aims to build a diversified portfolio of leading digital assets, starting with Ethereum and now Cardano, to pursue long-term capital appreciation and remain at the forefront of blockchain innovation in the insurance and financial services sector [2][6] Company Strategy - The addition of Cardano reflects Reliance's commitment to assets with strong fundamentals and long-term potential, emphasizing sustainability and community-driven governance [3][5] - Reliance intends to pursue its treasury strategy with discipline and oversight, guided by its Crypto Advisory Board to ensure governance, custody, and compliance align with best practices [3][6] Cardano's Features - Cardano is recognized for its research-driven foundation, energy efficiency, and real-world use cases, distinguishing it from many other blockchain projects [3][5] - Key benefits of Cardano include its energy-efficient proof-of-stake consensus mechanism, layered architecture for simplified upgrades, and a governance model that allows ADA holders to vote on proposals [5][6] Future Outlook - The company expects that building a diversified digital asset treasury may enhance long-term capital allocation and shareholder value, with plans to selectively expand digital asset positions over time [6][7] - Reliance believes that disciplined execution and oversight can mitigate risks inherent in blockchain markets while complementing its Insurtech capabilities and broader strategy [6][8]
C2 Blockchain Nears Half-Billion DOG Coin Treasury With Latest 11.7 Million Acquisition
Accessnewswire· 2025-09-22 12:50
MIAMI BEACH, FL / ACCESS Newswire / September 22, 2025 / C2 Blockchain Inc. (OTCID:CBLO), a fully SEC-reporting blockchain infrastructure and digital asset company, today announced that it has expanded its DOG Coin treasury holdings to 489,079,401 DOG, up from 477,370,671 DOG. The increase of 11,708,730 DOG coins represents the Company's latest step toward its half-billion DOG milestone. ...