Monday, June 5, 2023

Tech layoffs, compounded by rising interest rates and inflation, lead to high unemployment levels and falling wages in California, Oregon, and Washington (Wall Street Journal)

Wall Street Journal:
Tech layoffs, compounded by rising interest rates and inflation, lead to high unemployment levels and falling wages in California, Oregon, and Washington  —  California, Oregon and Washington have some of the nation's highest jobless rates  —  The West Coast tech downturn is sending …



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Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B (Subrat Patnaik/Bloomberg)

Subrat Patnaik / Bloomberg : Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and p...