PayPal Plots AI Turnaround Amid Massive 20% Job Cuts
During its first-quarter earnings call this week, PayPal announced a sweeping artificial intelligence turnaround plan coupled with massive layoffs to...
Coinbase Cuts 700 Jobs in Major AI-Driven Restructuring
Cryptocurrency exchange Coinbase announced on Tuesday that it is laying off approximately 700 employees—representing 14% of its workforce—as part of...
DoorDash Launches AI Tools to Revamp Merchant Menus
Delivery giant DoorDash launched a suite of advanced AI-powered merchant tools on Monday to drastically accelerate onboarding, automate website creation,...
YC Alum Skio Sells for $105M Cash on Just $8M Raised
Subscription commerce platform Recharge acquired competitor Skio—a 2020 Y Combinator alum founded by college dropout Kennan Frost—for $105 million in...
Amazon, Meta Unite to Break Google, PhonePe UPI Duopoly
Amazon and Meta are leading a group of major tech firms meeting with India's National Payments Corporation of India (NPCI)...
Hims Founders Launch Golden Child Dog Food With $37M
On Tuesday, Hims & Hers co-founders Hilary Coles and Quentin Lacornerie officially launched Golden Child, a premium direct-to-consumer dog food...
India’s Snabbit Bags $56M as Valuation Doubles to $350M
Bengaluru-based on-demand home services platform Snabbit has officially secured a $56 million Series D funding round to fuel its rapid...
Amazon’s Brutal New Podcast Strategy: Sell Everything
Amazon has aggressively restructured its podcast division over the past six months, dismantling its Wondery studio to merge celebrity audio...
Anthropic AI Agents Just Traded Real Goods for Real Cash
Anthropic recently launched an experimental classified marketplace where autonomous AI agents successfully negotiated and completed real-money transactions for physical goods...
Steve Ballmer ‘Duped’ out of $60M by Fintech Fraudster
Former Microsoft CEO Steve Ballmer has publicly condemned fintech founder Joseph Sanberg in a blistering letter to a federal judge...