.png){kind=logo}
Good morning tech fam, here are some quick tech updates for you to catch on to!
What's New Today: Third Wave of Layoffs Hits Freshworks in Six Months.
Fast-Track Insights: SEC lawsuits impact U.S. crypto exchanges' activity and liquidity negatively.
Through ChatGPT plugins, OpenAI keeps broadening the use cases for generative AI. Developers have produced around 400 third-party plugins that are currently accessible in the plugin shop since OpenAI made ChatGPT plugins available in beta for Plus customers. The ability to explore plugins by category is something that OpenAI has not yet created, making it a time-consuming task to identify the plugins that will be the most useful to you. If ChatGPT Plus user has beta features enabled, they should see plugins under the GPT-4 menu when beginning a new chat.
According to reports, Freshworks, a SaaS unicorn that is listed on the NASDAQ, has reportedly experienced yet another round of layoffs across multiple teams in the United States due to performance reviews. Sources told Money Control that senior positions in the SaaS unicorn's product, engineering, and go-to-market (GTM) teams were affected by the layoffs. Senior vice presidents, product managers, and senior directors were let go during the process, according to one source cited by the publication. Marketing, strategy, and enablement make up the GTM team at Freshworks.
The financial industry has been completely transformed by cryptocurrencies, which have enormous possibilities for investors. However, potential risks associated with cryptocurrency scams come along with this digital transformation. To trick gullible people, fraudsters take advantage of unregulated marketplaces and the attraction of quick gains. Hence, the Crypto Tracking firm Elliptic is integrating artificial intelligence into its toolkit for tracking blockchain transactions and handling risk detection. Read More
Bitcoin's price increased 90% to reach US$31,165 on April 14, signaling a strong start to 2023 for the digital currency sector. Whatever the case, the second quarter's last 50% has seen a fundamental cooling in the economy due to SEC implementation efforts and concerns about the health of the larger financial business sectors. The May Operating Data report from the well-known American trading firm Robinhood was made public on Monday. It demonstrates that in May compared to April, the amount of bitcoin trading on the platform declined by 43%.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
