As the world shifts towards remote work, one of the most popular tools for businesses and individuals looking to have intense, productive conversations has become Zoom. Now, the company is rolling out a suite of new AI-powered features that will make it even easier to hold successful online discussions. The new features, included in the… Continue reading Daily Crunch: Zoom’s new AI-powered features include whiteboard generation and meeting summaries
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Daily Crunch
The leading cryptocurrency exchange Binance has recently suffered from a severe software bug, prompting the launch of a scheduled system upgrade and a temporary suspension of spot trading, deposits, and withdrawals across the entire platform. The software bug, discovered on Thursday May 7, 2021, is reported to have caused a disruption to the overall performance… Continue reading Daily Crunch
Daily Crunch
It was just announced that Binance, the world’s largest crypto exchange, has reopened after having to temporarily suspend spot trading, deposits and withdrawals due to a bug. The incident was reported to have happened on April 22nd when Binance’s CFO, Wei Zhou, posted on Twitter that “due to a server issue, we were forced to… Continue reading Daily Crunch
Daily Crunch
Malta-based crypto exchange Binance recently had to suspend spot trading and deposits and withdrawals due to a bug in its system. However, the platform has now reopened with CEO Changpeng Zhao saying that the platform had “fixed” the bug. The bug reportedly occurred when the software was performing a scheduled system upgrade on its core… Continue reading Daily Crunch
Daily Crunch
The popular crypto exchange Binance has recently been forced to suspend all spot trading, deposits, and withdrawals as a result of a major bug in their system. The platform freeze, which lasted for around an hour, occurred on Mon May 11 at 4:30 UTC. Binance quickly identified the source of the issue and recommenced operations… Continue reading Daily Crunch
Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months
Accenture, a global professional services company, filed with the U.S. Securities and Exchange Commission (SEC) to disclose plans to downsize its workforce by nearly 20,000 people over the next 18 months. This was revealed in a recent SEC filing, which was released on February 14th and comes at a time when the company is simultaneously… Continue reading Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months
Daily Crunch: With just $2.2B in remaining liquidity, SVB’s parent company files for bankruptcy
Silicon Valley Bank’s parent company, SVB Financial Group, announced yesterday that it has filed for Chapter 11 bankruptcy with just $2.2 billion in remaining liquidity. This news comes as a huge shock to the financial world, as SVB Financial Group had been seen as a major player in the industry and a reliable source of… Continue reading Daily Crunch: With just $2.2B in remaining liquidity, SVB’s parent company files for bankruptcy
Daily Crunch
The news that Silicon Valley Bank has gone bust was one of the biggest stories in the financial world this past week. Regulators have taken control of $175 billion or more in deposits from the failed bank, resulting in shock waves through the banking and technology industries. This is a major setback for the many… Continue reading Daily Crunch
Daily Crunch
The intense competitive scene that has emerged from online gaming has been a source of both amazement and confusion in recent years. Now, one game developer is demonstrating the lengths they will go to in order to ensure fair competition, having recently taken the drastic step of banning over 6,700 cheaters and publishing their usernames… Continue reading Daily Crunch
Daily Crunch
Japanese marketing technology firm Geniee recently acquired British start-up Zelto for an estimated $70 million. This acquisition is just one of the many deals that Geniee has been involved in this year as the company has worked to strengthen its presence in the European market. Geniee is a company based in Japan that specializes in… Continue reading Daily Crunch