BloomTech, previously Lambda School, cuts half of staff

A little over a year after buzzy coding bootcamp Lambda School rebranded as Bloom Institute of Technology, the venture-backed startup is conducting massive layoffs, according to sources. The workforce reduction, per people familiar with the matter, has impacted half of the company’s staff across content, product, data and engineering teams. The layoff is expected to…

Startup valuations are declining — but not consistently

While this year’s stock market decline was swift, it was also widespread, with very few companies escaping the downturn. But current market conditions haven’t caused the same uniform trajectory for startups. When public-market stock prices started to fall, everyone reminded themselves that it would take a few months to see the real impact on the…

Discord opens up paid subscriptions so servers can sell premium perks

After launching as a pilot late last year, Discord will allow more servers to offer paid memberships in exchange for special server-specific perks. Plenty of Discord communities were already using third-party services like Patreon to offer access to premium content, but the expanded feature will allow Discord-centric communities to manage that process from within the…

Harrison Ford dons his fedora once more in ‘Indiana Jones and the Dial of Destiny’ trailer

It’s been over a decade since Harrison Ford’s last outing as Indiana Jones, but in 2023, the legendary archaeologist returns. The trailer for the fifth installment in the action-adventure series, titled Indiana Jones and the Dial of Destiny, is full of classic Indy hijinks. Car chases, booby traps, and ancient tombs play out alongside flashbacks…

Crypto exchange Coinbase says Apple has shut down the ability for users to send NFTs because it can’t collect the 30% in-app fee

Coinbase announced last week that it plans to rescind job offers and freeze hiring indefinitely. Sopa Images/Getty Images Coinbase said it has disabled NFT transfers for its mobile wallet on Thursday. Apple wants 30% of all NFT gas fees to be paid through their In-App Purchase system, the crypto exchange said. “For anyone who understands…

Lucid is offering employees $18,000 discounts to buy its cars by the end of the year as it looks to rack up orders

Lucid began offering all full-time regular US employees a “stipend” to buy the 2022 Grand Touring. Lucid Motors EV startup Lucid Motors just launched an employee purchase program. Employees who buy the $154,000 Air Grand Touring get a sizable discount, paid out over time. Lucid saw reservations drop from 37,000 in Q2 to 34,000 in…