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Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform enabling banks and fintech companies to easily develop financial services, has been open about past layoffs. In June, CEO Sankaet Pathak wrote in a blog post that the company […]

Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the option to “reduce the purchase price of the vehicle or provide cash to the buyer.” The update also applies to buyers taking advantage of […]

Prosecutors shared photos of SBF’s $35 million penthouse in the criminal trial against the FTX cofounder.

‘Coffee badging’ is popular with people who dread going into the office.

A recent report found that employees in Alaska are the happiest in the country.

The couple’s disagreement was caught on camera for their hit Netflix docuseries, “Beckham.”

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora Flight Sciences, has looked to maritime — and more specifically, electric seagliders — for the answer to these two challenges. “How can we do […]

OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. OpenAI is reportedly considering a number of strategies to advance […]

The “glass ceiling” may not be the primary hurdle for women in the workplace. Instead, it’s the “broken rung” that occurs early in women’s careers, according to a new report.

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. As I sat down to write this week’s Startups Weekly, I do what I do every week: Read every story on TechCrunch. This week, that meant reading 212 stories on the site, and you know what I’m left with? An […]