Twitter co-founder Biz Stone joins Mastodon’s new U.S. non-profit’s board

April 29, 2024

Biz Stone, a Twitter co-founder, is among those who have joined the board of directors of Mastodon’s new U.S. non-profit, announced Mastodon CEO Eugen Rochko over the weekend. Mastodon’s service, an open source, decentralized social network and rival to Elon Musk’s X, has gained increased attention following the Twitter acquisition as users sought alternatives to […]

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Getir pulls out of US, UK, Europe to focus on Turkey; 6,000+ jobs impacted

April 29, 2024

True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On Monday, the company — once valued close to $12 billion — announced it would shut down its operations the U.S., the U.K. and Europe to focus solely […]

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Indian ride-hailing giant Ola cuts 180 jobs in profitability push

April 29, 2024

Ola has let go its chief executive officer Hemant Bakshi, merely four months after making the appointment, and is cutting about 180 jobs, a source familiar with the matter told TechCrunch. The move from the Indian ride-hailing startup is aimed at “improving profitability,” its founder Bhavish Aggarwal told employees in an email Monday seen by […]

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The Download: inside the US defense tech aid package, and how AI is improving vegan cheese

April 29, 2024
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Here’s the defense tech at the center of US aid to Israel, Ukraine, and Taiwan After weeks of drawn-out congressional debate over how much the United States should spend on conflicts abroad, President…