Top Tech News Today: Elon Musk ‘Fires’ Twitter Engineer for Questioning Him! Indian-Origin Nishad Singh Under Scrutiny After FTX Crisis
Elon Musk fires a Twitter engineer for questioning his decisions! Read more tech news below
Good morning tech fam, here are some quick tech updates for you to catch on to!
What’s New Today: Amazon plans to roughly cut down almost 10,000 white-collar employees from various departments, and from offices across the world.
Fast-Track Insights: Binance CEO advises crypto enthusiasts, especially beginners to stay away from the market currently as digital assets face intense volatility and unpredictability after FTX’s fall.
Elon Musk fired a Twitter employee over the social media platform after he questioned Musk’s assessments! Earlier, Musk apologized for Twitter being ‘super slow’ across several countries. However, Eric Frohnhoefer, a developer who has been working in the company for several years, claimed that Musk’s assessments are basically wrong. Reactions started to pour on the conversation soon enough, after which Musk declares, “He’s fired”!
Amazon has decided to lay off around 10,000 employees in tech and corporate roles in various divisions like human resources, retail, and devices divisions. The layoffs might start as soon as this week! However, Amazon is not the first company that resorted to firing employees as a solution to cope with the tumultuous economic and financial circumstances.
Not just tech companies in the US, but Singaporean tech companies have also started laying off employees, or have imposed freezing or downsizing hiring due to lagging consumer spending, higher interest rates, and inflation. Unfortunately, according to reports by the Singapore Ministry of Manpower figures, around a quarter of the employment pass holders are from India. This makes India one of the worst-hit countries for Singaporean tech layoffs continues.
Indian-origin Nishad Singh is under heavy scrutiny for various financial practices that caused the massive collapse of FTX, one of the world’s largest cryptocurrency exchanges that recently filed for bankruptcy. Nishad Singh belonged to Bankman’s inner circle and controlled the code, the exchange’s matching engine, and the funds, along with the CEO.
Binance CEO, CZ, has strongly advised cash-strapped and inexperienced investors to stay away from trading cryptocurrencies amid extreme market volatility and unpredictability. He especially advised inexperienced investors and traders to twice before entering the market and deploying heavy amounts of funds in the extremely volatile crypto market at this stage.
The post Top Tech News Today: Elon Musk ‘Fires’ Twitter Engineer for Questioning Him! Indian-Origin Nishad Singh Under Scrutiny After FTX Crisis appeared first on Analytics Insight.
Elon Musk fires a Twitter engineer for questioning his decisions! Read more tech news below
Good morning tech fam, here are some quick tech updates for you to catch on to!
What’s New Today: Amazon plans to roughly cut down almost 10,000 white-collar employees from various departments, and from offices across the world.
Fast-Track Insights: Binance CEO advises crypto enthusiasts, especially beginners to stay away from the market currently as digital assets face intense volatility and unpredictability after FTX’s fall.
Elon Musk fired a Twitter employee over the social media platform after he questioned Musk’s assessments! Earlier, Musk apologized for Twitter being ‘super slow’ across several countries. However, Eric Frohnhoefer, a developer who has been working in the company for several years, claimed that Musk’s assessments are basically wrong. Reactions started to pour on the conversation soon enough, after which Musk declares, “He’s fired”!
Amazon has decided to lay off around 10,000 employees in tech and corporate roles in various divisions like human resources, retail, and devices divisions. The layoffs might start as soon as this week! However, Amazon is not the first company that resorted to firing employees as a solution to cope with the tumultuous economic and financial circumstances.
Not just tech companies in the US, but Singaporean tech companies have also started laying off employees, or have imposed freezing or downsizing hiring due to lagging consumer spending, higher interest rates, and inflation. Unfortunately, according to reports by the Singapore Ministry of Manpower figures, around a quarter of the employment pass holders are from India. This makes India one of the worst-hit countries for Singaporean tech layoffs continues.
Indian-origin Nishad Singh is under heavy scrutiny for various financial practices that caused the massive collapse of FTX, one of the world’s largest cryptocurrency exchanges that recently filed for bankruptcy. Nishad Singh belonged to Bankman’s inner circle and controlled the code, the exchange’s matching engine, and the funds, along with the CEO.
Binance CEO, CZ, has strongly advised cash-strapped and inexperienced investors to stay away from trading cryptocurrencies amid extreme market volatility and unpredictability. He especially advised inexperienced investors and traders to twice before entering the market and deploying heavy amounts of funds in the extremely volatile crypto market at this stage.
The post Top Tech News Today: Elon Musk ‘Fires’ Twitter Engineer for Questioning Him! Indian-Origin Nishad Singh Under Scrutiny After FTX Crisis appeared first on Analytics Insight.
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