Yi Hehua: Crypto Market Disappointing for Nearly 4 Years, Crypto Middle Class, Retail Investors, and VCs All Rekt
BlockBeats News, March 27th, Liquid Capital (formerly LD Capital) founder Daniel Wang wrote that the cryptocurrency market is in a bear market, with the second battle not over and no decent rebound in sight. The cryptocurrency market has been disappointing for nearly 4 years, with the 2011 crash reaping the middle class of crypto, the altcoin death spiral reaping the retail investors, the 13 rules reaping the crypto VCs, and exchanges, market makers, and project parties only seeing a continuous bloodletting, with the only transfusions coming from Wall Street's spot ETF and crypto treasuries companies, along with a few believers. The disruptive innovation in the crypto field has yet to occur.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Under financial pressure from AI investments, Microsoft offers voluntary severance packages to 60,000 employees, affecting departments such as Xbox and Windows
As of the end of June, Microsoft had a total of 223,000 employees worldwide. This latest round of measures involves more than one-quarter of the total workforce, covering departments such as Xbox, Windows, Copilot, and Finance. Positions related to data centers, sales, cybersecurity, and quantum computing are not included. A Microsoft spokesperson stated that the proportion of employees expected to accept the proposal is below 30%. Microsoft is scheduled to release its financial report on Wednesday, and the market is focused on whether its investments in AI have begun to yield quantifiable returns.
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