Tag: Pandemic

Singapore Ride-Hailing Giant Grab Plans First Massive Layoffs since Pandemic

Despite expressing positive revenue projections for 2023 and accelerating its profitability timeline in February, Grab is now planning a fresh round of layoffs. Grab Holdings, a Singapore-based ride-hailing and food delivery company, is gearing up for its largest round of layoffs since the pandemic, according to a report by Bloomberg on Tuesday. Sources familiar with the matter stated that the company would officially announce the planned job cuts this week, which is expected to surpass the previous 5% reduction in 2020, affecting up to 360 employees. At the time, Grab…

Blockchain Pioneers Vitalik Buterin, Polygon Co-founder Commit $100M To Pandemic Research

Blockchain pioneers Vitalik Buterin of Ethereum fame and Polygon co-founder Sandeep Nailwal have joined forces with India-based crypto fund Crypto Relief in an extraordinary initiative aimed at combatting the devastating impact of COVID-19. In a remarkable display of solidarity and innovation, they have pledged to contribute a staggering $100 million towards critical areas such as COVID-19 research and the development of essential medical infrastructure.  This groundbreaking collaboration not only showcases the immense potential of blockchain technology but also highlights the profound commitment of these visionary leaders to making a tangible…

Blog: Protecting privacy during a pandemic: our work on the UK’s Covid apps

25 April 2023 Ian Hulme is the ICO’s Director of Regulatory Assurance. He led our operational response to the pandemic and leads our stakeholder relationships with the health and care sector. The ICO’s work is often in the headlines, and our recent enforcement action against TikTok for allowing over a million UK children to use its platform without parental consent brought international media attention. In practice, the majority of our work to protect people’s privacy rights has a far lower profile. Making sure people are considering data protection at an…

FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention – Bitcoin News

boss

While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin and hydroxychloroquine. Controversy Surrounds Former CEO of FTX and Funding for Research to Discredit Covid-19 Treatments There are several reports claiming that Sam Bankman-Fried (SBF), the co-founder of the now-defunct crypto exchange FTX, helped fund causes related to pandemic prevention. During the first…

Bitcoin Jumps Another 4% Hitting Its Longest Rally Since 2020 Pandemic

boss

Bitcoin price rally follows the growing cheer on Wall Street amid the cooling down of inflation and the expected softening stand by the Fed ahead. Bitcoin and the broader cryptocurrency market registered a fresh rally on Wednesday, January 11. The world’s largest cryptocurrency gained over 4.5% in a single day moving past $18,200 levels. New Bitcoin Rally It is for the ninth straight day that the Bitcoin (BTC) price has ended in the green. This also marks the largest winning streak for Bitcoin since the pandemic days of 2020, reported…

Salesforce to Dismiss 10% of Workforce after Hiring ‘Too Many People’ during Pandemic

The software company said it would contact impacted workers, and affected teams would receive clarity on organizational changes. In the wake of tech companies cutting expenses, software company Salesforce Inc (NYSE: CRM) has revealed plans to cut 10% of its workforce. The cloud-based company also intends to shut down some offices in specific locations in addition to firing thousands of staff. In a letter to employees, Salesforce CEO Marc Benioff referred to the challenging environment as the reason to dismiss the workers over the coming weeks. The impacted employees are…

Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials – Bitcoin News

boss

According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam Bankman-Fried to Discuss ‘Crypto Industry’ and ‘Pandemic Prevention’ The disgraced FTX co-founder Sam Bankman-Fried (SBF), who is currently charged with eight counts of financial fraud and misconduct, met with the senior White House adviser Steve…

Vitalik donates $4M to Uni of NSW for pandemic detection tool

boss

Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool. The capital, which equates to roughly $5.3 million Aussie dollars, is part of Buterin’s self-described “moonshot anti-COVID effort” dubbed Balvi Filantropic Fund in partnership with the Shiba Inu memecoin project (SHIB) and Crypto Relief. The funds will further support the development of the OISNT-based EPIWATCH tool which utilizes artificial intelligence (AI) and open-source data to create early pandemic warning signs.…

‘Docklands DAO’ plan to help Melbourne precincts recover from the pandemic

boss

RMIT Blockchain Innovation Hub has proposed a pilot program for “Docklands DAO” that will help Melbourne precincts recover from the pandemic. The Royal Melbourne Institute of Technology’s (RMIT) Blockchain Innovation Hub has released a report proposing the implementation of pilot Decentralized Autonomous Organization (DAO), to assist specific precincts in Melbourne’s CBD in recovering from the impacts of the pandemic. The report, which is part of a five-piece series of reports funded by the Victorian Government in Australia, details how blockchain technology — specifically DAOs — can be used to help…

Bitcoin Nosedives Below $38k As Tech Stocks Take A Beating, Pandemic Gains Disappears

boss

Bitcoin was down in the afternoon session on Wednesday, as bargain hunters and dip takers failed to maintain this morning’s momentum. The premier crypto continues to maintain price action similar to tech stocks. Bitcoin Price Falls Bitcoin sank below $38,000 as Wall Street opened, giving up half of the gains made on Feb. 1. Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dipped below $38,000 as Wall Street opened, giving back half of the gains made on Feb. 1. Bitcoin’s price has risen above $39,000 after a…