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Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Shopee has reportedly made three rounds of layoffs this year as its parent company, Sea Limited, struggles for profitability. Lauryn Ishak | Bloomberg | Getty Images More tech startups in Southeast Asia have laid off workers this year as macro headwinds deepened losses and venture capitalists pushed startups to expand their leads. Last week, online …

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5 people you need on your team to start a business

5 people you need on your team to start a business

Opinions expressed by Entrepreneur the contributors are theirs. Starting a business can be a long and difficult process. As a commercial real estate broker, I see businesses start up regularly. Observing these startups allowed me to see the benefits of good role delegation. Many sole proprietors are eager to take on the bulk of business …

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Over $400 billion has been wiped off the value of Europe's tech industry this year

Over $400 billion has been wiped off the value of Europe’s tech industry this year

The Klarna logo displayed on a smartphone. Raphael Henrique | SOPA Pictures | Light Rocket via Getty Images Europe’s tech industry has lost more than $400 billion this year, according to venture capital firm Atomico. The combined value of all public and private European tech companies fell to $2.7 trillion from a high of $3.1 …

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personal finance

Here are 5 steps to opening an IRA to start saving for retirement

An IRA is an individual retirement account. This could be useful when developing retirement plans. Think carefully about the type of account you select and the organization you choose to manage it with if you want your IRA investments to be as profitable as possible. Steps to Open an IRA IRAs, also known as Individual …

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Bitcoin, Ethereum, Dogecoin Start Week Lower: Analyst Says 'Most Will Exit Right Before Life Buy' - Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD )

Bitcoin, Ethereum, Dogecoin Start Week Lower: Analyst Says ‘Most Will Exit Right Before Life Buy’ – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD )

Bitcoin and Ethereum were trading in the red late Monday as the global cryptocurrency market capitalization fell 1.5% to $818.6 billion as of 8:22 p.m. EST. Price performance of major coins Piece of money 24 hours 7 days Price Bitcoin BTC/USD -1.1% 1.9% $16,182.89 Ethereum ETH/USD -1.7% 5.3% $1,166.97 Dogecoin DOGE/USD -2.5% -26.4% $0.09 Top …

Bitcoin, Ethereum, Dogecoin Start Week Lower: Analyst Says ‘Most Will Exit Right Before Life Buy’ – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD ) Read More »

Banks plan to start reimbursing some victims of Zelle scams

Banks plan to start reimbursing some victims of Zelle scams

The seven banks that own the Zelle payment network are preparing a major rule change early next year that will require network member banks to compensate customers who are victims of certain types of scams, according to two people familiar with the plans. The change would reverse the network’s current policy, which generally requires customers …

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Just because a company bulked up doesn’t mean that layoffs are coming.

Mega-corporations have turned America’s job market upside down. They start again

Part of what has made the US job market so tight is that big, publicly traded companies have been hiring like crazy after the pandemic hit. Now that many are backtracking, it looks like a wave of unemployment is underway. The parent meta-platforms of Amazon, Disney and Facebook are all suddenly acknowledging that they have …

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Brits start thinking about Brexit again as economy slides into recession

Brits start thinking about Brexit again as economy slides into recession

Anti-Brexit protester Steve Bray (L) and a pro-Brexit protester argue as they demonstrate outside Houses of Parliament in Westminster on January 08, 2019 in London, England. JackTaylor | Getty Images News | Getty Images The UK’s growth prospects are even lower than those of Germany, whose economy is particularly exposed to rising energy prices due …

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