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- 20:58BlackRock to cut about 1% of its workforce to realign resources and strategyOn January 9, BlackRock (BLK.N) informed its employees that the company will cut about 1% of its workforce. The group entered into more than $25 billion in acquisition deals last year to expand its business in non-public market assets and data. BlackRock President Rob Kapito and Chief Operating Officer Rob Goldstein told employees in a memo Wednesday that they plan to realign resources with strategy through the layoffs and other measures. The company has more than 21,000 employees, meaning about 200 will be affected.
- 20:57SOL falls briefly below $190, down 8% in 24 hoursSOL briefly fell below $190, down 8% in 24 hours
- 20:56An address bought $63,000 worth of LLMs early on, and the current position value rose to $1.3 millionOn January 9, a DxjmH address bought $63,000 worth of LLM within 3 hours of the LLM going live, and the current position value has risen to $1.3 million, according to monitoring.