Monday, December 2, 2024

Social media videos documenting layoffs are now commonplace, especially by younger workers, creating headaches for companies; TikTok's #layoff has 32K+ posts (Cristina Criddle/Financial Times)

Cristina Criddle / Financial Times:
Social media videos documenting layoffs are now commonplace, especially by younger workers, creating headaches for companies; TikTok's #layoff has 32K+ posts  —  Gen Z workers posting redundancy videos are trending — but can harm their future prospects  —  An unexpected online meeting appeared …



CoinGecko: Ripple-linked XRP's market cap reaches $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Trump won (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
CoinGecko: Ripple-linked XRP's market cap reaches $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Trump won  —  - The cryptocurrency gained as much as 15% Monday to hit $2.50  — Since the US election it has added over $100 billion in value



The US adds new restrictions on transferring HBM chips to China, the fourth US attempt in three years to curb China, and adds 140 companies to its blacklist (Wall Street Journal)

Wall Street Journal:
The US adds new restrictions on transferring HBM chips to China, the fourth US attempt in three years to curb China, and adds 140 companies to its blacklist  —  Export of memory chips used in AI applications is restricted, but delayed announcement gives Chinese companies chance to stock up



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...