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Grammarly lays off 230 employees as part of a ‘business restructuring’

February 9, 2024

Grammarly is laying off 230 employees worldwide as part of a “business restructuring,” the company announced this week. The layoffs are part of Grammarly’s efforts to advance its focus on “the AI-enabled workplace of the future.” the company says. “To arrive at today’s decision, we took a look at our organizational design and the current […]

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Sports betting is coming to X with BetMGM partnership

February 9, 2024

Elon Musk’s X, formerly Twitter, has forged a deal with a sports betting operator, BetMGM, the companies announced on Friday. The deal, which BetMGM describes as a “strategic partnership” with X, will see the operator becoming X’s exclusive Live Odds Sports Betting partner and will introduce access to the betting service on X. Initially, X […]

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Adam Neumann’s bid for WeWork’s scraps

February 9, 2024

Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Good news, everyone! Mary Ann is back! Yes, and Kirsten Korosec was with us again so we had a lovely trio for this week’s show. And it […]

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Magnificent 7 Oil & Gas Stocks to Buy

February 9, 2024
The burgeoning demand for oil and gas, coupled with supply shortages, is propelling its prices, which is serving as an enduring tailwind for the energy sector. As the energy industry’s…

Africa-focused funds find their feet amid a downturn

February 9, 2024

In the midst of a funding downtime last year, and with conditions getting tougher for fund managers raising capital as backers (limited partners) enhanced their focus on strategy and track record, some new African and Africa-focused funds still emerged, with several of the existing ones receiving fresh backing. Data tracker and market insights firm Briter […]

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Pinterest announces a new ad deal with Google as it approaches 500M MAUs

February 9, 2024

Pinterest announced a new ad deal with Google as the company aims to ramp up its ad revenue. Google is the social platform’s second third-party ad partner after Amazon signed a multiyear deal with Pinterest last year. The company talked about the Google partnership during the earnings call for Q4 2023, where it posted results […]

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