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A lot has been made of Twitter’s shrinking workforce, which is reportedly down to 2,300 people down from the 7,500 employed by the company when new owner Elon Musk took control. While we posited that the newest wave of departures was part of Musk’s master plan to shrink down the company, many worry about the […]

George Hotz, hacker and long-time frenemy of Elon Musk, signs on for 12 weeks at Twitter by Connie Loizos originally published on TechCrunch

Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. Now, a startup called Cobee that’s built a platform and app […]

Spain’s Cobee raises $41M for an employee benefits ‘superapp’ by Ingrid Lunden originally published on TechCrunch

On November 14, Nestcoin, one of the startups leading crypto and web3 efforts in Africa, announced that it was laying off several employees. At least 30 employees across various departments were let go, while those who were left at the company had their salaries slashed by as much as 40%, according to people familiar with […]

FTX processed billions monthly in Africa before going bust by Tage Kene-Okafor originally published on TechCrunch

Electric vehicle startup-gone-SPAC Faraday Future has raised a going concern warning, per regulatory filings. The company said it has substantial doubt as to whether it would be able to continue operating over the next year, adding that it is uncertain when it will dispatch first deliveries of its FF 91 luxury EVs. This isn’t the […]

Faraday Future warns it may not be able to deliver its luxury EV by Rebecca Bellan originally published on TechCrunch

Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t, according to a report by Bloomberg. Genesis was facing a liquidity crisis after FTX collapsed, which “created unprecedented market turmoil, resulting in abnormal withdrawal requests […]

Crypto firm Genesis says it has “no plans to file bankruptcy imminently” by Jacquelyn Melinek originally published on TechCrunch

It’s never a bad time to back up your data. But for Twitter users, it’s arguably more urgent than usual, what with the platform’s recent… unpredictability. Mass firings and resignations, whiplash policy changes and crippled infrastructure don’t instill a ton of confidence that Twitter will remain stable well into the distant future. That’s why it’s […]

Quit Twitter better with these free tools that make archiving a breeze by Kyle Wiggers originally published on TechCrunch

A German law requiring social media platforms to promptly respond to reports of hate speech — and in some cases remove illegal speech within 24 hours of it being brought to their attention — looks like it will provide an early test for whether Elon Musk-owned Twitter will face meaningful legal consequences over how recklessly […]

Musk’s impact on content moderation at Twitter faces early test in Germany by Natasha Lomas originally published on TechCrunch

COPs are traditionally about setting targets, and COP27 finally gives countries a tool to achieve them.

Private investors appear key to COP27’s ‘loss and damage’ fund for vulnerable countries by Tim De Chant originally published on TechCrunch