A New Weight-Loss Drug Could Be a Complete Game Changer. ‘Psychologically, You Don’t Want to Eat.’
Mounjaro, a diabetes drug used to treat obesity, is forecast to make $50 billion in sales annually.
Why the Moltbook frenzy was like Pokémon
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Lots of influential people in tech last week were describing Moltbook, an online hangout populated by AI agents interacting with one another, as a glimpse into the future. It appeared to show…
TopTechTrends
How to Raise Funds as a Startup in a High Interest Rate Market
Traditional bank loans may not be the best option for startups. Entrepreneurs need to consider these alternatives to secure the funding they need to launch their business.
Muslims come into the frame in Southeast Asia’s fintech boom
Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in […]
Muslims come into the frame in Southeast Asia’s fintech boom by Catherine Shu originally published on TechCrunch
Daily Crunch: Citing slow growth and desire to be ‘at the forefront of the AI era,’ Dropbox CEO lays off 500
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Citing slow growth and desire to be ‘at the forefront of the AI era,’ Dropbox CEO lays off 500 by Christine Hall originally published on TechCrunch
Clubhouse needs to fix things, and today it cut more than half of staff
Clubhouse, a once skyrocketing social audio app built by Paul Davison and Rohan Seth, has laid off more than half of its staff. The startup’s co-founders made the decision in response to customer habits changing in a post-COVID world and remote work complexities, according to a blog post. Those who were impacted will receive severance […]
Clubhouse needs to fix things, and today it cut more than half of staff by Natasha Mascarenhas originally published on TechCrunch
Snap stock down 24% on weak earnings, ad revenue slump
Snap, the parent company of Snapchat, has seen its stock tumble 20% in after-hours trading after reporting first-quarter earnings Thursday. The company missed Wall Street revenue estimates of $1 billion, closing out the quarter with $989 million. That’s down 7% from the same period last year, and it represents the first time since Snap went […]
Snap stock down 24% on weak earnings, ad revenue slump by Rebecca Bellan originally published on TechCrunch
How to Delegate Responsibilities to Reduce Compliance Risk
You may feel like you can’t possibly pass along many of your responsibilities. But if you don’t, you’ll limit your ability to perform high-level functions.
Hackers steal emails, private messages from hookup websites
Hackers have stolen email addresses, direct messages, and other personal data from users of two dating websites, according to a data breach expert. Earlier this week, someone alerted Troy Hunt, the founder and maintainer of the data breach alerting website Have I Been Pwned, that hackers had breached two dating websites, CitiJerks and TruckerSucker. Hunt […]
Hackers steal emails, private messages from hookup websites by Lorenzo Franceschi-Bicchierai originally published on TechCrunch
Are Hybrid Work Skeptics Finally Seeing The Light? Mayor Adams’ Softened Stance Suggests Changes Are On The Horizon.
New York City Mayor Eric Adams was once a staunch opponent of hybrid work, adamant that city employees should work in person. However, the growing reality of a tight labor market and the success of remote work have finally begun to change his mind.
These Are the Best and Worst Airlines of 2023 So Far, According to a New Report
A new study by WalletHub ranked 11 U.S. airlines across a slew of categories.