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” Robinhood axes almost 1 in 10 staff members as stock hits all-time low “ Popular retail trading platform Robinhood has fired 9% of its workforce amid a firesale of its stock that has seen HOOD plunge to all-time lows. In the past 30 days alone, HOOD has tanked roughly 38% to sit at $9.99…
” Meta will open physical metaverse-themed store in San Francisco Bay Area “ Social media giant Facebook’s parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware for the virtual reality space. In a Monday announcement, Meta said it would be opening a retail store in Burlingame, California on…
“Facebook owner Meta to open physical store in metaverse bet” Meta Platforms is set to open its first physical store where shoppers can try out and buy virtual reality headsets and other gadgets as the company plots a course to take its highly touted metaverse mainstream. The 1,550-square feet Meta Store at the company’s Burlingame…
“For a small NYC business like mine, there’s no such thing as ‘petty’ crime” Small businesses are the beating heart of New York City. Yet the crime wave, particularly retail theft, is leaving many businesses fighting for their lives. I know this firsthand, from my own painful experience. My dream of owning a business came…
” A dozen Bitcoin ATMs planned at the largest EU electronics retailer “ Austrians have “sufficient funds” for more Bitcoin ATMs — hat’s the verdict that MediaMarkt, a German electronics retailer, reached following a successful Bitcoin ATM pilot in Austria. MediaMarkt will roll out Bitcoin (BTC) ATMs in 12 branches across the country, including Seiersberg…
” US investors realized 6X more crypto gains in 2021 than next country “ Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. According to a report by Chainalysis, crypto investors in the US accrued a record…
” Retail interest in crypto declines as investors search for the next big price mover “ One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data…
“Apple workers at Grand Central Terminal push to form union” Employees of Apple’s flagship store in Grand Central Terminal are pushing to form a union — a campaign that follows growing calls among disgruntled members of the iPhone maker’s workforce for better pay and benefits. A group of Apple workers calling themselves Fruit Stand Workers United…
“Amazon adds 5% fuel, inflation surcharge for sellers” Amazon will begin charging sellers active on its platform an additional surcharge for fuel and inflation – a change implemented as the e-commerce giant and other major companies contend with surging operating costs. The Seattle-based company said the 5% surcharge will take effect on April 28 and…
” NFT adoption: Tokens take the runway at Metaverse Fashion Week “ The Metaverse may be an emerging concept, but the impact that virtual game-like worlds can have on the trillion-dollar retail industry was recently demonstrated during Metaverse Fashion Week (MVFW). This entirely virtual experience was held from March 24–27, 2022, in Decentraland, a decentralized…