Stripe Implements Harsher Performance Reviews
Senior leaders at the payments firm reportedly began telling managers this summer to be more stringent in evaluating their team members.
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Recent Editions
Binance.US Taps Former FBI Agent as Head of Investigations
The FBI launched a new crypto crime unit in February that works with the National Cryptocurrency Enforcement Team.
Chip Equipment Firm Lam Research Expects Revenue Hit From China Export Curbs
The Biden administration's new restrictions on semiconductor technology exports to China are affecting the global chip supply chain.
Musk Says He’s “Excited” By Twitter Even Though He’s “Overpaying”
Musk say board is weighing stock buyback
Gopuff Makes Its Third Round of Job Cuts This Year
Gopuff laid off around 250 customer service employees in its latest move to slash costs after a rapid expansion.
Microsoft Says it’s Developing a Mobile Game Store to Compete with Google and Apple
Microsoft said buying Activision will allow it to build a mobile gaming presence, which it currently lacks.
Klarna Adds Shoppable Videos, Creator Features
The installment lender is looking to make its app more of a shopping destination.
Co-CEO of South Korea’s Chat App Kakao Steps Down After Outage
Tens of millions were left without service after a fire Saturday at a company data center.
Netflix Expands Into Cloud Gaming
Some of the games will be based on hit Netflix shows such as “Stranger Things.”
Oracle Gives Cloud a Boost With Nvidia Chips, Software
Oracle has been on the fringes of the cloud computing market for years, but an upgrade of Nvidia chips and software could change that.
Andreessen Horowitz Wants to Be a ‘One-Stop-Shop’ for Founders, Says Dixon
In an interview at TechCrunch Disrupt, Andreessen Horowitz general partner Chris Dixon spoke about the future of the venture capital firm.
Microsoft Lays Off Hundreds of Staff Across Divisions
The company said in July that it planned to cut less than 1% of its 200,000-person workforce.
Starboard Value Reveals New Stake in Salesforce, Rallying Stock
Salesforce co-CEO Marc Benioff currently owns just 3% of the company.
Meta Platforms to Sell Giphy Under Regulatory Order
The ruling shows how difficult it is for big tech companies to expand via acquisition.
Meta Platforms to Sell Giphy Under Regulatory Order
The ruling shows how difficult it is for big tech companies such as Meta to expand via acquisition.
Strong EV Sales in China Boost Profit for BYD
The Chinese automaker which is partly owned by Buffett said its third quarter profit likely quadrupled.
Roblox Reports Jump in Hours Watched
That’s a good sign for the gaming service as it introduces advertising as a new revenue stream
High Turnover at Amazon Cost $8 Billion Annually
High attrition levels within Amazon’s fulfillment and operations teams cost the company an “estimated $8 billion annually.
Texas Securities Regulators Probe FTX US, CEO Sam Bankman-Fried
It’s the latest regulatory probe into how crypto exchanges are rewarding customers for making deposits.
TikTok Steps Up Age Restrictions for Livestreaming
TikTok will require users to be 18-years-old to host livestreams starting November 23.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy