Waymo will start letting its autonomous vehicles traverse Austin without a safety operator behind the wheel as of tomorrow, a crucial step before the company opens the program up to the public. The company announced Tuesday that it will begin shuttling employees around 43 square miles of the Texas capital, including the Barton Hills, Riverside, […]
Bumble cuts ~350 employees as dating apps face a reckoning
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $ 32 million net loss and $ 273.6 million in revenue. While up from the same period a year ago, earnings came in below Wall Street expectations and were paired with a disappointing Q1 […]
5 Special Perks Given To HYBE Employees That Make Us Want To Work There ASAP
Have you ever wondered what it’s like to work for a K-Pop company? The MBC reality show The Manager gave viewers a glimpse into this life by following around the managers of LE SSERAFIM. Their company, Source Music, is a subsidiary of HYBE which is gaining attention for treating their employees well. Check out proof […]
Instacart lays off 250 employees, or 7% of its workforce, to ‘reshape’ company
Grocery-delivery giant Instacart announced today that it’s laying off around 250 employees, or roughly 7% of its global workforce, as part of a restructuring. Instacart CEO Fidji Simo said in a letter to investors that the layoffs will allow the company to streamline how it operates. The company announced the layoffs alongside the release of […]
African product, global market: Expensya employees cashed out $10M from 2023 acquisition
What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution was eight times my investment,” said Selma Ribica in an interview with TechCrunch recently. “I kept some stock of the […]