The tech industry’s moment of reckoning: layoffs and hiring freezes

Companies have been cutting costs. | Photo by

Google cuts 12,000 jobs in latest round of big tech layoffs

Photo by Beata Zawrzel/NurPhoto via Getty Images

Crypto lending firm Genesis files for bankruptcy

Illustration by Alex Castro / The Verge

Amazon follows Apple in increasing music streaming prices

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Apple has hiked HomePod Mini and iMac prices in some countries

Photo by Dan Seifert / The Verge

BP makes an order for EV charging stations from US-based Tritium

BP Pulse branded charging stations built by Tritium.

Netflix’s paid password sharing to roll out ‘more broadly’ in the coming months

Illustration by Alex Castro / The Verge

Samsung Display shows off a new folding phone hinge that can rotate 360 degrees

Samsung Display prototype. | Image: Samsung Display

Twitter officially bans third-party clients with new developer rules

Illustration by Alex Castro / The Verge

Inside CNET’s AI-powered SEO money machine

Image: James Bareham / The Verge