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Category Archives: Tech
Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff
Music streaming service Spotify is laying off 17% of its workforce, CEO Daniel Ek said Monday.
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Bending Spoons lays off entire staff of Flimic
Milan-based creative app studio Bending Spoons has laid off the entire staff of Filmic, which made popular video and photo editing apps such as Filmic Pro, per a report by PetaPixel. Bending Spoons acquired Filmic last July and the move … Continue reading
Spotify to axe 1,500 workers to save costs
The music-streaming company says it is making people redundant to “rightsize” the firm.
Spotify cuts 17% jobs amid rising capital costs
Spotify is eliminating about 17% jobs, its third round of layoffs, as the music streaming looks to become “both productive and efficient.” In a note to employees Monday, Spotify founder and chief executive Daniel Ek said the right-sizing of the … Continue reading
India’s MoveinSync eyes $50–60M in fresh funding
MoveinSync, an Indian startup offering mobility solutions to blue-chip companies for workplace commute, is engaging with investors to raise a growth round, according to people familiar with the deliberations. The 14-year-old startup is engaging with investors to raise about $50–$60 … Continue reading
More layoffs come for micromobility, Cruise cuts loom, and what the Cybertruck signals for Elon
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, … Continue reading
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Gravel gets funding from NEA to support Indonesia’s booming construction industry
Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders … Continue reading
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Crypto execs says the bull run is underway and could lead to $100,000 bitcoin in 2024
Excitement around a bitcoin ETF being approved in the U.S. next year as well as the bitcoin halving is fueling a rally in cryptocurrencies.
Fortnite’s Chapter 5 Season 1 Map seen for the first time
Fortnite leakers have been busy working away datamining the new Season 5 Chapter 1 update and we now have the new map to play on now that the Chapter has just gone live. Contrary to map leaks from last month, … Continue reading