Others

Poshmark to shut down India, Australia and UK businesses

October 19, 2023

Poshmark is shutting down its international businesses – operations in India, Australia and the UK – as the social shopping marketplace shifts attention to “core markets,” the company informed customers. The firm’s marketplace will become inaccessible in India, Australia and the UK on November 2, it said. Some features such as the ability to use […]

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Product Hunt cleans house with layoffs impacting 60% of staff

October 19, 2023

Product Hunt, the product discovery site for smaller startups, apps, tech tools, and developers’ side projects, is cleaning house. The company earlier this month announced layoffs, but didn’t give an indication of how widespread those cuts were. We now understand the cuts impacted around 60% of the team, including design, product, sales, and other roles. […]

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SBF asked FTX general counsel to create ‘legal justification’ for using billions in customer funds amid collapse

October 19, 2023

Can Sun, former FTX general counsel, took the stand on Thursday to testify on behalf of the prosecution’s case against Sam Bankman-Fried. Sun has a non-prosecution agreement in exchange for his cooperation. The Yale law school grad joined FTX at the end of August 2021 and stayed until early November 2022 shortly after the crypto […]

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