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Happy Friday, Crunchers! It’s 27 May 2022, and we are slinking into a long weekend because it’s Memorial Day weekend here in the U.S. There’s no newsletter on Monday — Haje is going wine tasting in Sonoma, and Christine is planning to spend Monday sitting on the sofa doing absolutely nothing, which we celebrate wholeheartedly. We’ll see you back here on Tuesday!

Not sure what to do this weekend? Check out this roundup [...]

Sat, May 28, 2022, Continue reading at the source

It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month. Hopefully the sun will come out in June.

A number of tech companies that enjoyed pandemic-related surges are facing a correction, due to a number of factors, from rising inflation, economic distress, war and shifting consumer taste buds. Companies including Meta and Twitter have publicly announced hiring freezes, while Snap confirmed this week that it is slowing hiring as it misses revenue [...]

Sat, May 28, 2022, Continue reading at the source
Animation showing a forest being overlaid with 3D lidar imagery.

It’s Friday and the world is falling apart, so let’s just take a short mental health break with some interesting news out of the field of archaeology, where tech is enabling some fascinating new discoveries. A new lidar-powered analysis of land in the Amazon basin has provided evidence of a previously unknown urban center of “mind blowing” complexity.

To be clear, that doesn’t mean ancient aliens or long-lost technology, just that it far exceeds the expected levels of organization and population that scholars considered possible for Amazonians of 1,500 years ago.

“Nobody expected that kind of society in that region … [...]

Sat, May 28, 2022, Continue reading at the source

As global markets continue to face downward trends, crypto markets are anticipating greater adoption as people see the digital asset sector as a hedge against inflation (even though some prices are currently down from their 52-week marks).

Whether it’s first-time buyers of cryptocurrency or people learning more about NFTs, Bitcoin and the general crypto ecosystem, there has been an uptick globally in crypto awareness and, in turn, adoption, data indicates.

About half of all crypto owners in the U.S., Latin America, Asia Pacific, Brazil, Hong Kong and India bought digital assets for the first time in 2021, marking a major breakthrough for [...]

Sat, May 28, 2022, Continue reading at the source

Elon Musk announced in a tweet on Friday that Starlink, the satellite internet service launched by SpaceX, his space exploration company, has been approved in Nigeria and Mozambique.

This news is coming three days after Musk answered a tweet about the service launch in Africa.

“Yes, first countries in Africa to be announced coming soon,” he tweeted. “Starlink will serve everywhere on Earth that we’re legally allowed to serve.”

Starlink operates in more than 30 countries where it is legally approved, in essence, where it has required licences to provide internet services.

Its launch in Africa, particularly in Nigeria, has been in [...]

Sat, May 28, 2022, Continue reading at the source
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