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Web3 Startup Community Gaming Announces Layoffs Due to Decline in Esports Industry.

Source Node: https://platodata.network/platowire/web3-startup-community-gaming-announces-layoffs-due-to-decline-in-esports-industry/
Time Stamp: April 14, 2023 5:42 PM - Modified On: April 14, 2023 - Published By:
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Web3 Startup Community Gaming, a company that specializes in creating blockchain-based gaming platforms, has announced that it will be laying off a significant portion of its workforce due to a decline in the esports industry. The layoffs come as a result of the COVID-19 pandemic, which has caused a significant decrease in the number of esports events and tournaments being held around the world.Community Gaming was founded in 2018 with the goal of creating a decentralized platform for esports tournaments and competitions. The company's platform uses blockchain technology to provide

Mojo Vision Secures $22M in Funding and Shifts Focus to Micro-LED Displays for XR and Other Applications

Source Node: https://platodata.network/platowire/mojo-vision-secures-22m-in-funding-and-shifts-focus-to-micro-led-displays-for-xr-and-other-applications/
Time Stamp: April 6, 2023 8:51 AM - Modified On: April 6, 2023 - Published By:
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Mojo Vision, a California-based startup, has recently announced that it has secured $22 million in funding to develop its micro-LED display technology for use in augmented reality (AR), virtual reality (VR), and other applications. The company's focus on micro-LED displays is a significant shift from its previous focus on developing smart contact lenses.Micro-LED displays are a promising technology for AR and VR applications because they offer high brightness, high contrast, and low power consumption. They are also small enough to be integrated into wearable devices, such as smart glasses or

The Government’s Proposed Changes to Provide Millions More Free Carbon Credits Explained

Source Node: https://platodata.network/platowire/the-governments-proposed-changes-to-provide-millions-more-free-carbon-credits-explained/
Time Stamp: April 5, 2023 6:30 AM - Modified On: April 5, 2023 - Published By:
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The government's proposed changes to provide millions more free carbon credits have been making headlines recently. The move is aimed at reducing greenhouse gas emissions and helping the country meet its climate change targets. In this article, we will explain what carbon credits are, how they work, and what the proposed changes mean for businesses and individuals.What are Carbon Credits?Carbon credits are a type of permit that allows businesses to emit a certain amount of greenhouse gases. One carbon credit is equal to one tonne of carbon dioxide (CO2) or

Capcom Discusses Plans for Resident Evil Village on PSVR 2 and Future Developments

Source Node: https://platodata.network/platowire/capcom-discusses-plans-for-resident-evil-village-on-psvr-2-and-future-developments/
Time Stamp: April 2, 2023 9:00 AM - Modified On: April 2, 2023 - Published By:
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Capcom, the renowned video game developer and publisher, has recently revealed its plans for Resident Evil Village on the upcoming PlayStation VR 2 and future developments. The announcement has sparked excitement among fans of the Resident Evil franchise, as they eagerly await the release of the highly anticipated game.Resident Evil Village, the eighth installment in the Resident Evil series, is set to be released on May 7, 2021, for PlayStation 4, PlayStation 5, Xbox One, Xbox Series X/S, and PC. However, Capcom has now confirmed that the game will also

Tesla Electric Semi Trucks Recalled Shortly After Launching on the Market

Source Node: https://platodata.network/platowire/tesla-electric-semi-trucks-recalled-shortly-after-launching-on-the-market/
Time Stamp: April 1, 2023 1:30 PM - Modified On: April 1, 2023 - Published By:
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Tesla, the American electric vehicle and clean energy company, has been making waves in the automotive industry with its innovative and eco-friendly products. One of its latest offerings, the Tesla Semi Truck, has been highly anticipated by both consumers and investors alike. However, shortly after launching on the market, the electric semi trucks have been recalled due to safety concerns.The Tesla Semi Truck was first unveiled in November 2017, with production scheduled to begin in 2019. The truck boasts impressive features such as a range of up to 500 miles

Despite Virgin Orbit’s Challenges, Spacetech Funding Remains Stable

Source Node: https://platodata.network/platowire/despite-virgin-orbits-challenges-spacetech-funding-remains-stable/
Time Stamp: March 31, 2023 3:55 PM - Modified On: March 31, 2023 - Published By:
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Virgin Orbit, the satellite launch company founded by Sir Richard Branson, has faced several challenges in recent months. In May 2020, the company's first attempt to launch a rocket into space failed due to a malfunction in the rocket's engine. Then, in July 2020, Virgin Orbit announced that it would be laying off around 350 employees due to the economic impact of the COVID-19 pandemic.Despite these setbacks, spacetech funding remains stable. In fact, according to a report by Space Capital, a venture capital firm focused on the space industry, spacetech

Bitcoin Price Drops as Binance Halts Spot Trading on a Temporary Basis

Source Node: https://platodata.network/platowire/bitcoin-price-drops-as-binance-halts-spot-trading-on-a-temporary-basis/
Time Stamp: March 24, 2023 9:02 AM - Modified On: March 24, 2023 - Published By:
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On May 19, 2021, the price of Bitcoin dropped significantly as Binance, one of the world's largest cryptocurrency exchanges, announced that it would temporarily halt spot trading due to technical issues. The announcement sent shockwaves through the cryptocurrency market, with many investors and traders scrambling to sell their holdings before the price dropped further.Binance is a popular exchange that allows users to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin. The exchange has been at the forefront of the cryptocurrency industry for several years, and its

Federal Reserve Acknowledges Lack of Oversight in SVB Collapse

Source Node: https://platodata.network/platowire/federal-reserve-acknowledges-lack-of-oversight-in-svb-collapse/
Time Stamp: March 24, 2023 5:28 AM - Modified On: March 24, 2023 - Published By:
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The Federal Reserve has recently acknowledged that it lacked proper oversight in the collapse of Silicon Valley Bank (SVB), a California-based bank that specializes in serving technology and venture capital firms. The collapse of SVB in 2020 was a significant event that sent shockwaves through the financial industry, and the Federal Reserve’s admission of its lack of oversight has raised concerns about the effectiveness of regulatory bodies in preventing similar collapses in the future.SVB was founded in 1983 and quickly became a prominent player in the technology banking sector. The

Interior Minister Reports Arrest of Terraform Labs Co-Founder Do Kwon in Montenegro

Source Node: https://platodata.network/platowire/interior-minister-reports-arrest-of-terraform-labs-co-founder-do-kwon-in-montenegro/
Time Stamp: March 23, 2023 12:30 PM - Modified On: March 23, 2023 - Published By:
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On August 18, 2021, the Interior Minister of Montenegro announced the arrest of Do Kwon, the co-founder of Terraform Labs, a blockchain technology company. Kwon was apprehended on charges of money laundering and organized crime, according to the statement released by the ministry.Terraform Labs is a blockchain technology company that operates the Cosmos Network, which is a decentralized network of independent blockchains. The company's mission is to create an open and transparent financial system that is accessible to everyone. Kwon, who is a South Korean national, co-founded the company in

Construction of Dream Las Vegas Halted Due to Insufficient Developer Funds

Source Node: https://zephyrnet.com/dream-las-vegas-construction-paused-after-developer-funds-dry-up/
Time Stamp: March 22, 2023 8:01 AM - Modified On: March 22, 2023 - Published By:
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The construction of the Dream Las Vegas, a $3.1 billion casino and resort project, has been halted due to insufficient developer funds. The project was expected to be a major addition to the Las Vegas Strip, but now faces an uncertain future.The Dream Las Vegas was being developed by a partnership between real estate firm Witkoff Group and New Valley LLC, a subsidiary of the publicly traded company Vector Group Ltd. The project was set to feature a 450-foot-tall tower with 1,500 hotel rooms, a casino, and a convention center.However,