Top Tech Trends

The Federal Trade Commission slammed Epic Games with $245 million in fines this week, ordering the Fortnite developer to compensate consumers who made unwitting purchases in its digital store. The settlement, first announced back in December, is now finalized. “Fortnite’s counterintuitive, inconsistent, and confusing button configuration led players to incur unwanted charges based on the […]

The FTC finalizes Epic’s $245 million settlement over sketchy Fortnite purchases by Taylor Hatmaker originally published on TechCrunch

Pitch better by reading what these 7 investors are looking for, how they like to be approached, and what’s not working for them anymore.

How to pitch me: 7 investors discuss what they’re looking for in March 2023 by Walter Thompson originally published on TechCrunch

Klaviyo, an e-commerce marketing automation platform, has laid off 140 of its staff across all teams, including engineering and design, TechCrunch has learned from a number of sources.  Klaviyo’s director of public relations, Lacey Berrien, confirmed the workforce reduction over email, adding that their “focus is supporting the departing Klaviyos who made meaningful contributions to […]

Klaviyo conducts company-wide layoffs by Natasha Mascarenhas originally published on TechCrunch

The company notes that it does not need this capital to run its business, but to help current and former employees with withholding tax obligations related to equity awards.

Stripe now valued at $50B following $6.5B raise by Christine Hall originally published on TechCrunch