Convoy, the Seattle-based digital freight network that connects truckers with shippers, is shuttering its Atlanta office and laying off workers as part of a restructuring. This is the third time in less than a year that Convoy has laid off workers. The restructuring comes as Convoy transitions to a new customer service model that automates […]
Convoy cuts more jobs as part of a restructuring by Kirsten Korosec originally published on TechCrunch
Getting a credit card is something most Americans take for granted. In countries such as Mexico, it’s a much more difficult and less common endeavor. In fact, less than 20% of the population has access to a form of credit, with just an estimated 10% having credit cards. In recent years, a number of startups […]
Neobank Vexi raises millions to offer young Mexicans lower interest rate credit cards by Mary Ann Azevedo originally published on TechCrunch
Today, TikTok announced “TikTok Trivia,” a new live 5-day trivia game for U.S. users 18 years or older to get the chance to win a total share of a $500,000 prize pool by answering multiple-choice questions related to beauty, lifestyle, music and sports. TikTok Trivia begins next week on February 22 and ends on February […]
TikTok to launch live ‘TikTok Trivia’ game with $500K in prize money by Lauren Forristal originally published on TechCrunch
Last year’s tech-wide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The […]
A comprehensive list of 2023 tech layoffs by Natasha Mascarenhas originally published on TechCrunch
Tesla fired more than 30 employees who work at its factory in Buffalo, New York in retaliation for union organizing, according to a complaint filed with the National Labor Relations Board. The firings and complaint were first reported by Bloomberg. Tesla Workers United, a group of Tesla employees who work as data labelers on the […]
Tesla fires dozens of workers one day after launching union campaign by Kirsten Korosec originally published on TechCrunch
Jumia, as part of its streamlining efforts, reduced headcount by 60% in Dubai and “undertook overall headcount reductions that resulted in over 900 position terminations across its 11 markets, corresponding to a 20% headcount reduction.” This occurred in Q4 last year, according to the statement containing Jumia’s FY2022 financials. This news follows Jumia Supervisory Board’s […]
Jumia laid off 20% of staff in Q4 2022 amid work to reduce losses by half this year by Tage Kene-Okafor originally published on TechCrunch
Stelo Labs raised $6 million in a round led by a16z to help crypto wallet users protect themselves through a browser extension.
Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves by Jacquelyn Melinek originally published on TechCrunch