Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state attorney general Letitia James’ investigation into whether the companies collected certain fees and taxes from drivers rather than passengers. The investigation also looked into whether companies failed to provide […]
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The most bearish thing we can summon is that Coinbase is skating atop a wave of rising interest-based incomes.
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We’ve witnessed an incredible unicorn stampede over the last 10 years.
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PagerDuty announced this afternoon that it intends to acquire Jeli.io, an early stage incident management startup. The companies did not share the price. Jeli was founded in 2019 by Nora Jones, a chaos engineering veteran, who had previously worked at Netflix and Slack. Jones went to work building a company that could help customers figure […]
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SpaceX’s Starlink has “achieved breakeven cash flow,” CEO Elon Musk said Thursday, a milestone achievement for the rocket company’s four-year-old satellite internet business unit. He announced the news in a post on X, the social media platform that he also owns. He added that Starlink “is also now a majority of all active satellites and […]
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