shock

Snap employees describe shock following mass layoffs and project cuts

Snap employees describe shock following mass layoffs and project cuts

Today, we’re taking an inside look at what’s going on at Snap, where CEO Evan Spiegel shocked employees by laying off 20% of staff and obliterating some projects.  Buckle up; Let’s get started.  This post first appeared in 10 Things in Tech, a newsletter by Insider that brings you all the latest tech news & …

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Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet

Apple and Meta headsets could face a big challenge: Sticker shock

Apple and Facebook parent Meta are expected to release mixed reality headsets in the coming year that could finally fulfill the industry’s promise to turn head-worn devices into the next big shift in personal computing. But there’s one major potential snag: sticker shock. The best-selling virtual reality headset, the Meta Quest 2, retails for $400 …

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New Apple Exclusive Reveals iPhone 14 Price Shock

New Apple Exclusive Reveals iPhone 14 Price Shock

07/16 Update below. This post was originally published on July 14 Apple leaks have revealed that iPhone 14 Pro models will receive multiple exclusive upgrades and higher pricing. But now a new report claims standard iPhone 14 models will also receive a price bump, despite being virtually unchanged from their predecessors. Speaking to The Sun, …

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Bitcoin Now Braced For A ‘Black Swan’ Shock After $2 Trillion Terra Luna-Led Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash

Bitcoin Now Braced For A ‘Black Swan’ Shock After $2 Trillion Terra Luna-Led Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash

Bitcoin BTC and cryptocurrency prices have struggled to maintain momentum after rallying through the first week of July, partly due to some surprisingly bullish data. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price climbed to over $22,000 per bitcoin—its highest since mid-June—before dropping …

Bitcoin Now Braced For A ‘Black Swan’ Shock After $2 Trillion Terra Luna-Led Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash Read More »

The economic shock hitting the housing market is getting bigger—6% mortgage rates look close

The economic shock hitting the housing market is getting bigger—6% mortgage rates look close

The good news: The Federal Reserve has the instruments necessary to rein in runaway inflation. The bad news: Those instruments are, well, blunt and will hit some sectors harder than others. Among the most vulnerable: the U.S. housing market. Just look at history. The inflationary period that took off during the ’70s was quelled by the …

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