By Elizabeth Segran January 17, 2024 For 10 years, Gregg Renfrew spent her days building Beautycounter, a clean beauty startup. Her mission was larger than creating nontoxic lipsticks and face creams. She had a broader goal of making the entire skincare industry safer for consumers. But in April 2021, she decided to sell her … Continue reading Why Beautycounter founder Gregg Renfrew is back as CEO after selling her company for $1B
By Elizabeth Segran January 10, 2024 Rent the Runway, the 14-year-old fashion rental company, is restructuring, cutting 10% of its corporate jobs, which is equivalent to 37 employees. And its chief operating officer and president, Anushka Salinas, will leave at the end of the month, after 11 years at the company. Jennifer Hyman, Rent … Continue reading Rent the Runway CEO on laying off 10% of the company: ‘This is a realignment around growth’
By Talib Visram December 08, 2023 Maternal mortality has been on the rise in the U.S. at the same time that childcare, healthcare, and housing costs are rising. A new initiative in Denver hopes to help combat those issues by improving the mental and physical health outcomes of mothers-to-be and their newborns. Pilots for … Continue reading Why this Denver company is giving $750 a month to pregnant women
By Chris Stokel-Walker December 06, 2023 Investor interest in generative AI startups remains high, with more than $21 billion plowed into companies in the first nine months of this year, according to Pitchbook. And xAI, the AI company founded by Elon Musk, wants to add significantly to that total. xAI aims to raise up … Continue reading Elon Musk’s xAI wants to raise $1 billion. But can his AI company stand out?
Spotify is laying off 1,500 employees, who will be notified later today This is Spotify’s third round of layoffs this year, and will account for 17% of the company’s staff. Steve Dent Updated Mon, Dec 4, 2023 VIEW press via Getty Images Spotify is cutting jobs for the third time this year. In a … Continue reading Spotify laying off 17 percent of employees across the company
Amazon surpasses UPS and FedEx as largest delivery company Deanna Ritchie / Last Updated: Nov 29, 2023 Amazon has now officially become the Largest Delivery Company in the United States, surpassing both UPS and FedEx regarding package volume. The Seattle-based e-commerce behemoth delivered more parcels to U.S. households in 2022 than UPS, having outpaced … Continue reading Amazon surpasses UPS and FedEx as largest delivery company
By Chris Stokel-Walker November 22, 2023 On Tuesday night, OpenAI announced that it had reached an agreement in principle for cofounder and recently ousted CEO Sam Altman to return to the company. As part of the arrangement, the $80 billion company will also have a new board composed of Bret Taylor, Larry Summers, and … Continue reading OpenAI nearly blew up their $80 billion company. But was the issue they were reportedly arguing over really the right issue?
By Jessica Bursztynsky November 14, 2023 Airbnb has acquired GamePlanner.AI, a stealth startup that the company said will help the home sharing company accelerate “select AI projects.” “What makes GamePlanner.AI so special is that they combine expertise in AI, design, and community,” Airbnb CEO Brian Chesky said in a statement Tuesday. “AI … Continue reading Airbnb just bought a stealth AI company for slightly under $200 million
A software company called Threads says Meta tried to buy its domain and kicked it off Facebook The software company is threatening legal action against Meta for using its name. Karissa Bell Tue, Oct 31, 2023 SOPA Images via Getty Images A UK-based software company called Threads Software Limited is threatening legal action against … Continue reading A software company called Threads says Meta tried to buy its domain and kicked it off Facebook
By Michael Grothaus August 29, 2023 Most software engineers dream of working at one of the Big 5 tech companies: Amazon, Apple, Google, Meta, and Microsoft. But if the maximum possible salary also plays a role in those dreams, which company should an engineer strive for? Thanks to data compiled by tech industry careers … Continue reading Which Big Tech company pays software engineers the most? Survey reveals salaries at Apple, Google, and Meta
