Etsy: Online marketplace lays off 11% of staff to cut costs
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
Story highlights Virtual reality headsets range from inexpensive Cardboard to pricey PlayStation Here are your options if you want to dip your toe in or really swim with the VR big fish Thinking about treating your family to a little virtual reality this holiday? Have no idea where to start? Don’t worry. From Google’s inexpensive…
Tasha Valdez stood in front of a mannequin in a character scan room and tugged at the sleeves of the gray hoodie resting on its form. Surrounded by racks of clothing and accessories, she prepped the look for scanning by a 3-D camera. Eventually, that jacket would find itself on a bad guy trying to…
The biggest story in tech this year was, without a doubt, the explosive ascent of AI. The biggest story in tech next year will be whether it can turn a profit. Because so far, it can’t. A quick recap: OpenAI and ChatGPT burst onto the scene, dominated headlines, attracted millions of users and tens of…
Updated Jan. 11, 2024 1:00 am ET TOKYO—China’s near-monopoly on the solar-energy market has prompted the U.S. and allies to step up the search for workarounds. Engineers believe they have found one in a type of solar cell that looks and feels like camera film. Japan is pushing the technology with subsidies and other support,…
In an email sent to staff at Prime Video and Amazon MGM Studios, senior vice president of the department Mike Hopkins wrote: “We’ve identified opportunities to reduce or discontinue investments in certain areas while increasing our investments and focus on content and product initiatives that deliver the most impact.”
Bitcoin rose in volatile trading Thursday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the…