Saturday, August 6, 2022

How Coinbase went from a triumphant IPO to facing challenges with international expansion, global competition, revenue diversification, and staffing adjustments (New York Times)

New York Times:
How Coinbase went from a triumphant IPO to facing challenges with international expansion, global competition, revenue diversification, and staffing adjustments  —  In just over a year, the United States' largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs.



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GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers (David Shepardson/Reuters)

David Shepardson / Reuters : GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the locati...