A Fight Brews Between WeWork and SoftBank, As Adam Neumann Faces Pressure to Step Down
According to a new WSJ report, members of WeWork’s board, involving co-founder and CEO Adam Neumann, are preparing to pressure Neumann to step down, and alternatively become We’s, non-executive chairman. The move, states the outlet, would permit him to stay at the company he developed...
Dropbox will start to roll out the new Dropbox app publically today
In June, Dropbox showed a preview version of the “new Dropbox.” The latest version is developed around a standalone app interface and centred on integrating all of your work tools into one place. It is a notable exciting overhaul from the manageable shared folders that...
Walmart’s Flipkart verifies it is joining the food retail business in India
India’s Flipkart is joining the retail food business as the e-commerce giant seems to extend its reach in the nation. Flipkart sold a majority stake in the business to Walmart for $16 billion last year. Flipkart’s Entrance In Food Retail It has registered an entity...
Newly-rebranded Thimble allocates $22M to take flexible insurance to the gig economy
Thimble, which gives flexible, short-term insurance to small businesses and freelancers, is stating that it has raised $22 million in a Series A funding round managed by IAC. Until today, the startup was identified as Verifly, a name attached to the company’s primary aim of...
GoFundMe starts a free platform for nonprofits and charities
GoFundMe has earned its name originally as a platform for individuals to organise fundraisers for personal causes. It is a service that has witnessed hundreds of campaigns go viral in social media to raise well over $5 billion in funding to date. Presently, the startup...
Uber lays off another 350 over Eats, self-driving and other departments
Uber has recently laid off about 350 employees over a variety of teams within the company. This indicates what the firm says is its third and last phase of layoffs of the process it started earlier this year. Uber CEO Dara Khosrowshahi announced this news...
Bird’s Chief Legal Officer Takes New Flight: Company Transition
Bird, the $2.5 billion electric scooter company, is losing its chief legal and policy leader. David Estrada, who was appointed last year from Kitty Hawk, is entering another mobility company, SoftBank-backed Nuro. A spokesperson for Bird says that Estrada is leaving the Santa Monica-based business...
Harley pulls the plug on LiveWire production soon after EV debut
Introduction Harley-Davidson had released its primary production electric motorcycle, the LiveWire, in September. Yes, the American representative for inner combustion, chrome and steel in all-in on two-wheeled EVs. Established in Milwaukee in 1903, Harley-Davidson opened a Silicon Valley office in 2018 with ideas to add...
Libra states 180 possible replacements for 7 mutineers
Despite high-profile failures from Visa, Stripe, and more, the Facebook-led cryptocurrency Libra Association published that 1,500 organizations have shown interest in joining the Libra project. One hundred eighty of those fit the eligibility qualifications to become members, which can replace the 7 companies that left...
Mainframe Industry’s Revival: IBM’s Launch of New z15
Introduction Mainframes, often considered relics of the past, remain crucial components for many large-scale computing organizations. IBM’s latest innovation, the z15, is a powerful addition to the mainframe world, offering robust capabilities for companies with hybrid cloud strategies. Designed to handle massive workloads and offer...
