Planet to layoff 10% of staff to focus on “highest ROI opportunities”

August 1, 2023
Satellite imagery company Planet announced on Tuesday that it is laying off 117 employees, or around 10% of the workforce, as it looks to focus on driving revenue amid an ongoing downturn in the public markets. In a note posted on the company’s blog, CEO Will Marshall said the decision to cut staff came about […]

YouTube star MrBeast sues ghost kitchen behind MrBeast Burger

August 1, 2023
YouTube mega-success MrBeast is suing Virtual Dining Concepts, the company behind his ghost kitchen food chain, MrBeast Burger, for damaging the MrBeast brand. According to the lawsuit, thousands of fans have sent in negative reviews of MrBeast Burger, many of whom shared photos of burgers and chicken sandwiches with uncooked, inedible meat. MrBeast’s team also […]

NHTSA probes 280,000 new Teslas over loss of steering control

August 1, 2023
The National Highway Traffic Safety Administration (NHTSA) is investigating 280,000 Tesla vehicles over reports of loss of steering control and power steering. The malfunctioning has frequently been accompanied by driver-facing messages indicating that power steering assist is reduced or disabled, according to the report. The preliminary evaluation into 2023 Model 3 and Model Y vehicles […]

Curve Finance’s $62M exploit exposes larger issues for DeFi ecosystem

August 1, 2023
Hackers stole around $62 million from Curve Finance on Sunday, causing a ripple effect throughout the crypto sector and raising questions about the strength of the decentralized finance ecosystem. Curve is one of the largest decentralized exchanges (DEX) in the crypto market today, with about $1.67 billion in total value locked (TVL), according to data […]