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Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions

bossSeptember 29, 2023 Cryptocurrency Market, News

Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations of metaverse-inspired revenue caused it to spend “way more” money than it had been earning.“We concluded that layoffs are the only way and that doing them now and on this

Regulators clamp down on websites offering unrealistic crypto returns

bossMay 13, 2023 Bitcoin News, News

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a crackdown on fraudulent activities, the SEC has taken action against operators of multiple websites accused of enticing investors with exaggerated returns through various securities offerings, including crypto asset mining pools. The regulatory agency has targeted

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Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions

Regulators clamp down on websites offering unrealistic crypto returns

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