Category Archives: M&A

Latest news about the development in the corporate worl

Google Lays Off Thousands More Employees Despite Record Profits One Year After Laying off 12,000 Employees As Workers Begin Worrying AI is Slowly Replacing Them

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Google has initiated significant layoffs across its various teams, including the Voice Assistant, hardware, engineering and ad sales teams, marking a continuation of the tech industry’s trend towards reducing workforce expenses. The layoffs have affected hundreds of employees within the Voice Assistant unit; hardware teams responsible for Pixel, Nest and Fitbit products; and a considerable portion of the augmented reality (AR) team. This move is part of Google’s broader effort to streamline oper →

KuCoin Labs Announces Its Strategic Investment in ISSP, the First Cross-chain Inscription Protocol on Sui, to Advance Users’ Inscription Experience

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In a significant move underpinning its commitment to blockchain technology innovation, KuCoin Labs has announced its investment in ISSP. This investme →