🥶 Coinbase extends hiring freeze, rescinds some accepted offers
Plus: New York just passed a bitcoin mining ban, 11 creator economy execs explain why they left TikTok, YouTube, and others. And more…
Coinbase extends hiring freeze, rescinds some accepted offers. Coinbase announced today that it will extend its hiring freeze and revoke accepted offers from some candidates who haven't started their roles yet. The third-largest crypto exchange by volume, Coinbase began to slow hiring two weeks ago, but this… (Amanda Silberling / TechCrunch)
New York just passed a bitcoin mining ban - here's everything that's in it. Lawmakers in New York just passed a bill to ban new bitcoin mining operations. The measure now heads to the desk of Governor Kathy Hochul, who could sign it into law or veto it. If it passes, it would make New York the first state in the country to… (MacKenzie Sigalos / CNBC)
11 creator economy execs explain why they left TikTok, YouTube, and other top social brands to join startups. Creator economy startups have been nabbing talent from TikTok, YouTube, and Meta this year. Dozens of staffers with experience at the big platforms have opted to move to smaller companies. Insider spoke to 11 employees about why they left —… (Sydney Bradley / Business Insider)
Why Sheryl Sandberg Quit Facebook's Meta. Sheryl Sandberg's departure from Facebook parent Meta Platforms Inc. came as a surprise even to many people close to the tech giant. In reality, it was the culmination of a yearslong process in which one of the world's most powerful executives… (Salvador Rodriguez / Wall Street Journal)
Cruise can finally charge for driverless robotaxi rides in San Francisco. Cruise, the autonomous vehicle unit of General Motors, has finally been given the green light to start charging fares for its driverless robotaxi service in San Francisco. The California Public Utilities Commission (CPUC) voted Thursday to award… (Rebecca Bellan / TechCrunch)
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