Reddit CEO doubles down on attack on Apollo developer in drama-filled AMA

June 9, 2023

Reddit’s unpopular decision to revise its API pricing in a move that’s forcing third-party apps out of business has taken a weird turn. In an AMA hosted today by Reddit co-founder and CEO Steve Huffman, aka u/spez on the internet forum site, the exec doubled down on accusations against the developer behind the well-liked third-party […]

Reddit CEO doubles down on attack on Apollo developer in drama-filled AMA by Sarah Perez originally published on TechCrunch

Carvana crashes back down to earth

June 9, 2023

Carvana’s big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability. For Carvana, the gains […]

Carvana crashes back down to earth by Harri Weber originally published on TechCrunch

FIS acquires banking-as-a-service startup Bond

June 9, 2023

Consolidation continues apace in the world of fintech. FIS, the fintech giant that runs a wide range of payment, banking and investment services, has acquired Bond, a startup that specializes in embedded finance, multiple sources confirmed today.  Fintech Business Weekly’s Jason Mikula broke the news last week that the deal was in the works. Our […]

FIS acquires banking-as-a-service startup Bond by Ingrid Lunden originally published on TechCrunch

Blue owned the consumer podcast mic market – now the brand is being phased out

June 9, 2023

Blue Microphones was ahead of the game. The first Snowball was released all the way back in 2005, as the company was celebrating its 10th birthday. Within a few years, the USB mics were everywhere. They were effectively synonymous with the nascent world of amateur podcasting and became a go-to for first-time content creators uploading […]

Blue owned the consumer podcast mic market – now the brand is being phased out by Brian Heater originally published on TechCrunch

Better.com lays off real estate team and shutters business unit

June 9, 2023

Digital mortgage lender Better.com is exiting the real estate business. The struggling fintech startup laid off its real estate team on June 7, multiple sources confirmed to TechCrunch. The company is said to be shifting from an in-house agent model to a partnership agent model. One person who was impacted by the move told TechCrunch […]

Better.com lays off real estate team and shutters business unit by Mary Ann Azevedo originally published on TechCrunch