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The world’s richest man, Elon Musk, and his recent Twitter acquisition was appearing to be chaotic by the day. While the community expected a smooth transition of ownership, Musk has certainly been stirring up quite the buzz. Layoffs at the social media giant have been a persistent rumor that has gained attention. But according to recent reports, this rumor might actually be true, which would be bad news for Twitter staff. JUST IN: Elon Musk plans to eliminate half of Twitter's jobs to cut costs, Bloomberg reports. — Watcher.Guru (@WatcherGuru) November 3, 2022 Twitter employees have been living in uncertainty ever since Musk’s $44 billion acquisition came through. A recent report pointed out that Musk, in a meeting with advisors planned to lay off about 3,800 employees from the firm. It should be noted that David Sacks, a former PayPal executive was also present in this call. Bloomberg, on the other hand, revealed that about 3,700 employees would be sacke...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Madrid, Spain, 25th October, 2022, Chainwire SeaCoast, the maritime startup using web3 technology to pioneer new ways of exploring the world&rsquo ;s waterways, has announced its public token sale. The event will commence on October 25, giving members of the public their first opportunity to purchase $COAST tokens. The $COAST token will sit at the heart of the nautical ecosystem SeaCoast is developing, centered around curated data of waterways and inlets. This will enable explorers to access rich and up-to-date information that enhances their interactions with local touchpoints. SeaCoast has developed a trio of applications to support this goal in the form of ShoreView, PortView, and PaperBoat. Together, the apps unlock new ways of interacting with coastal resources while rewarding human curators for the knowledge t...