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Monthly Archives: January 2023
Microsoft is laying off 10,000 employees
Microsoft said it’s letting go of 10,000 employees and taking a $1.2 billion charge as the software maker braces for slower top-line growth.
Amazon set to begin new round of layoffs affecting over 18,000 people
Earlier this month, CEO Andy Jassy said in a memo the company was looking to eliminate as many as 18,000 roles.
Apple just announced a new $299 HomePod
Apple introduced the second generation of its HomePod Wednesday, the company announced in a release.
Microsoft announces 10,000 job cuts, nearly 5% of its global workforce
Microsoft today announced details of a much-rumored round of layoffs, confirming in a filing with the Securities and Exchange Commission (SEC) that 10,000 employees will be impacted as part of “workforce reduction” measures the company is taking in response to “macroeconomic … Continue reading
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Twitter now offers an annual Blue subscription for hardcore users
Twitter announced an annual Blue subscription plan for hardcore users who want to commit for a year. The revamped Twitter Blue subscription was launched last December at a rate of $8 per month (or $11 per month for iOS users). … Continue reading
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Self-driving truck startup Waabi brings on Volvo VC as strategic investor
Autonomous trucking startup Waabi has bagged Volvo Group Venture Capital AB, the automaker’s VC arm, as a strategic investor. The companies aren’t disclosing the amount invested, nor many other details about the deal, but having Volvo on board will both … Continue reading
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ThriveCart, which sells tools to build ecommerce carts, raises $35M
Often, first-time ecommerce entrepreneurs don’t know what they need to build an effective funnel and cart experience for their platforms. It’s not their fault; the problem’s challenging. According to one source, the average cart abandonment rate across all industries is … Continue reading
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10 Ways to Improve Your Future Financial State
A 2022 study found that by September of that year, 63% of Americans lived paycheck to paycheck. Many of these people don’t think about how their spending habits will impact their future financial state. It’s easy to get so caught up in … Continue reading
Metaverse Landlords Are Creating a New Class System
Virtual landowners have found a way to put their investments to work, but with unintended consequences.
Quantum Startups’ Stock Market Dreams Are Decohering
A shortcut to going public, called a SPAC, helped early-stage tech companies raise money. Now some are suffering slumps.