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Emma Roth

Emma Roth

News Writer

News Writer

    More From Emma Roth

    Emma Roth
    Emma Roth
    Tim Cook confirms that Apple’s slowing down on hiring.

    In an interview with CBS Mornings, Apple CEO Tim Cook confirms the company is now being very “deliberate” in its hiring and that it’s only bringing new staff members on board in certain departments.

    We believe strongly in investing for the long term and we don’t believe you can save your way to prosperity. We think you invest your way to it.

    In July, Bloomberg reported Apple planned to slow hiring in 2023 and that not-quite-a-freeze may be setting in early, while other Big Tech companies like Amazon, Google, Meta, and Microsoft undergo their own hiring freezes and layoffs.

    Emma Roth
    Emma Roth
    Another crypto exchange suspends withdrawals.

    Crypto exchange AAX blames the up to 10-day freeze on a system update gone wrong, citing the “failure of our third-party partner,” which caused some users’ balance data to be improperly recorded.

    The company says it’s pausing transactions to “minimize risk” while it works to “manually proofread and restore the system.”

    Emma Roth
    Emma Roth
    Team SoloMid responds to FTX’s collapse.

    Team SoloMid (TSM) is another organization that’s reevaluating its relationship with FTX following the exchange’s sudden collapse, stating on Twitter that it’s “consulting legal counsel to determine the best next steps.”

    The esports team became officially known as TSM FTX after it struck a $210 million sponsorship deal with the company last year. The Miami Heat and the Mercedes Formula 1 team have already ended deals with the fallen firm.