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The Global X Fintech ETF dropped 52% in 2022, above the broader financial sector’s 12% drop and Nasdaq Composite Index’s 33%, weighed down by interest rates (Peter Rudegeair/Wall Street Journal)

Peter Rudegeair / Wall Street Journal: The Global X Fintech ETF dropped 52% in 2022, above the broader financial sector’s 12% drop and Nasdaq Composite Index’s 33%, weighed down by interest rates  —  Higher interest rates and unprofitable business models weigh on the sector  —  Why Tech Layoffs Don’t Reflect the Job Market

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Memo: Salesforce plans to lay off around 10% of its staff and close some offices, expecting to incur $1.4B to $2.1B in charges for the restructuring (Nivedita Balu/Reuters)

Nivedita Balu / Reuters: Memo: Salesforce plans to lay off around 10% of its staff and close some offices, expecting to incur $1.4B to $2.1B in charges for the restructuring  —  Salesforce Inc (CRM.N) said on Wednesday it would lay off about 10% of its employees and close some offices as a part of its

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NASA Declares ‘Space Race’ With China

(Image: Yan Ke/Unsplash)The United States is engaged in a new “space race,” but this time it isn’t with Russia. On the first day of 2023, NASA officials warned that China’s lunar ambitions could soon land its National Space Administration (CNSA) on the moon, allowing the country to dominate precious resources. “It is a fact: we’re

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Bonk, a Shiba Inu-themed coin on Solana issued on December 25, has risen 2,220% in the past week and 150% in the past 24 hours, offsetting some of SOL’s decline (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk: Bonk, a Shiba Inu-themed coin on Solana issued on December 25, has risen 2,220% in the past week and 150% in the past 24 hours, offsetting some of SOL’s decline  —  The memecoin is up over 150% in the past 24 hours and have recorded some of the highest trading volumes

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Cybersecurity company Rapid7 hires Peiter “Mudge” Zatko, the former Twitter security chief and whistleblower, to advise consulting clients (Joseph Menn/Washington Post)

Joseph Menn / Washington Post: Cybersecurity company Rapid7 hires Peiter “Mudge” Zatko, the former Twitter security chief and whistleblower, to advise consulting clients  —  Former Twitter security chief Peiter Zatko, whose whistleblower claim against the company triggered multiple ongoing investigations …

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