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X accuses the Securities and Change Fee of not utilizing two-factor authentication: On Tuesday, a submit appeared on the SEC’s official X account saying the long-awaited approval of a Bitcoin ETF. Quickly after, a follow-up submit from the SEC acknowledged the announcement was not made or approved by the regulatory company and that its account had been compromised. About 6 hours later, X posted on its @Security account that sure, the SEC’s account had been compromised however not due to any breach in X’s system; it was as a result of the SEC account had not enabled two-factor authentication. Full story.
Headspace introduces all-in-one method to psychological well being: Headspace will provide entry to scientific care companies for enterprise clients on its major platform. Customers will now entry Headspace’s psychological well being and mindfulness content material, one-on-one psychological well being teaching, remedy and extra all on the identical platform beginning this month. The launch comes after the corporate’s merger with on-demand psychological well being service, Ginger, in 2021 and amid a worsening psychological well being disaster in the US. Full story.
Amazon lays off extra of its employees: Within the newest spherical of tech layoffs, Amazon let go greater than 500 staff from the online game streaming platform, Twitch, and tons of of staff from Prime Video and MGM Studios on Wednesday. The layoffs add to the greater than 27,000 introduced by Amazon since November 2022. Full story.
Starbucks is in scorching water: In a lawsuit filed Wednesday, watchdog nonprofit Nationwide Shoppers League sued the espresso big for false and misleading promoting. The NCL claims Starbucks awarded ethical-sourcing requirements to farms with documented instances of human rights abuses, deceiving—and benefiting from—customers who present a rising demand for ethically sourced merchandise. Full story.
Humane publicizes layoffs forward of product launch: Humane, a {hardware} startup set to launch an AI-powered pin in March, laid off 4% of its employees this week. The job cuts are “adjustments to finest put together [Humane] for continued progress,” CEO Bethany Bongiorno wrote in a LinkedIn submit on Tuesday. Full story.
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