Although the majority of industries are aggressively hiring, there is one major sector that is going in the opposite direction of everyone else–the technology industry. The once-booming industry has begun laying off people or going through a hiring freeze.

Last week, luxury fashion house Gucci announced they would start accepting digital assets, cryptocurrencies, as a means of payment.

fter a couple of weeks of going back and forth, Twitter's board of directors has decided to accept Elon Musk's deal to buy Twitter. So on April 25, 2022, Musk's offer to acquire Twitter for $54.20 a share, or roughly $44 billion, was accepted.

Meta has rolled out a similar service for Instagram where creators can have subscriber-only lives and stories.

In an attempt to own the social media company, Elon Musk's offer to buy Twitter is around 43 billion dollars. However, the Twitter board has unanimously agreed to adopt a measure called poison pill.

Elon Musk, founder and CEO of the electric car manufacturer Tesla, became the largest shareholder in the social media company Twitter. Musk, worth an estimated $282 billion, purchased 73 million shares to give him a 9.2% stake in the company.

On March 9, 2022, Amazon approved a 20-for-1 stock split. The split means that each shareholder, by the end of May 27, 2022, will receive 19 additional shares when the transaction occurs.

The future of the metaverse changes the way we socialize, work, and communicate. The metaverse offers a variety of ways to be able to put money in your bank account.

On February 23, 2022, Kanye West dropped the Donda 2 album exclusively on the Stem Player. The exclusive release of his much-anticipated album on the Stem Player left many outraged on social media as they felt the price to purchase the device was steep at $200.

Equifax agreed to pay almost $700 million to consumers impacted by their infamous data breach back in 2017.