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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Welcome back to Chain Reaction. crash redux.

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7 Reasons That Worker Empowerment Rules The Workplace

Startup Professionals Musings

If you have a different view, I urge you to see the data presented in a new book, “ The Nine: The Tectonic Forces Reshaping the Workplace ,” by Phil Simon, a globally recognized authority on technology, collaboration, and the future of work. Layoffs from bellwethers make headlines and scare us, but these are now mostly behind us.

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Insiders

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Struggling EV firm Faraday Future gets another financial lifeline with new $225M investment

TechCrunch LA

To secure the financing, Faraday said it had its intellectual property and technology valued — they are apparently worth $1.25 The company has yet to enter mass production five years after its launch, mainly as a result of a series of financial issues that have ended in layoffs, unpaid wages, furloughs, property selloffs and much more.

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. The funding could be as much as $100 million, and the first grants will be announced in 2017. . —The U.S. THE ENVELOPE, PLEASE.