Shopify is laying off around 10% of its workforce, or about 1,000 employees, the Wall Street Journal has reported. The Ottawa, Canada-based company told staff in a memo sent on Tuesday that the layoffs are necessary as users are pulling back on online orders and returning to old shopping habits. “Shopify has to go through…
Monthly Archives: July 2022
In 2015, Rex Salisbury was working as a software engineer at now-defunct mortgage startup Sindeo where he built out the back end for fully automated online mortgage pre-approval. At the time, he was working for Andy Carra, who served as that company’s CTO before going on to co-found SoFi. It was Salisbury’s first foray into…
Guava, a banking and networking platform targeting Black entrepreneurs, announced today the closing of a $2.4 million seed round led by Heron Rock. Founded last year by Kelly Ifill, the company aims to narrow the racial wealth gap by providing financial services to Black small businesses and creators. The digital banking platform — set to…
Two major players in the European satellite space are merging in a $3.4 billion all-share transaction, a move that is widely seen as a challenge to Elon Musk’s SpaceX. Rumors emerged earlier this week that France’s Eutelsat was gearing up to buy its British rival OneWeb, and the duo have now confirmed these plans. Founded…
If you couldn’t get enough of Ti West’s ’70s slasher X, you’ll be delighted to know that a prequel — starring X’s Mia Goth — is on its way. Pearl is the origin story for X‘s villain of the same name, an old woman whose role as the film’s “monster” garnered criticism from Mashable’s Jess…
In its new series Are We There Yet?, Meta is banking on the infinite charms of Keke Palmer to make their Metaverse more appealing. But the show’s first episode, out today, proves that even entertainers of Palmer’s caliber can only do so much with a bad script. Are We There Yet? purports to be a…
Uber has admitted it covered up a major data breach in 2016 that led to user data being leaked online. The US Department of Justice (DoJ) said in a press release the taxi company, “admits that its personnel failed to report the November 2016 data breach to the Federal Trade Commission despite a pending FTC…
Micron has begun production of the first 232-layer NAND chip in sufficient volume to feed storage partners. It is the first time that a NAND manufacturer has cracked the 200-layer, with the previous top chip, a 176-layer model, last unveiled back in November 2020, a near-32% improvement (or 56 extra layers) in less than two…
Good news for PDF power-users and print-speed freaks looking to maximize efficiencies: the team behind popular PDF editor and converter PDFZilla has announced the launch of BulkPrinter. The new, Windows-only tool simplifies the printing of multiple documents across a range of formats – and it’s totally free. “BulkPrinter makes the process more efficient by allowing…
Ursula von der Leyen, president of the European Commission, welcomed the new measures. Photo by Thierry Monasse/Getty Images The EU says it agreed a deal to cut natural gas consumption by 15% from August to March. The deal aims to save gas usage in preparation for Russia reducing supplies. Russia’s Gazprom previously said it would…