Rob Schutz, cofounder of telehealth startup Ro, is stepping down from his role as chief growth officer after Labor Day, according to a memo sent out to staff and obtained by Fast Company.
Schutz told employees in a memo on Tuesday that he will transition into an advisory role and will continue to serve on the board, according to the note shared by a source familiar with the matter. He added that he will be taking some time off in the short term to reset. “I may partner
Robinhood Markets’ cryptocurrency division was fined $30 million by New York State financial regulators after the online trading platform was accused of violating bank secrecy and anti-money laundering obligations, according to a report filed this morning.
As part of the settlement, Robinhood will be required to hire an independent consultant to carr
With inflation at a 40-year high and fears of a recession mounting, many expected consumers to start cutting non-essentials like take-out meals or rides across town.
Uber shares are surging in pre-market trading after the company announced its Q2 2022 results before the bell. At the time of this writing, UBER stock is up to $27.15 a share, or over 10.36% higher than yesterday’s closing price. Here’s what you need to know about Uber’s Q2 2022 financials
SpaceX’s Starlink broadband satellite constellation has followed a steep growth trajectory. Barely 3 years after the launch of its first set of 60 satellites, Elon Musk’s space
The tech sector’s massive cost-cutting mission doesn’t appear to be slowing anytime soon.
Once high-flying companies, with unprecedented valuations and growth-at-all-costs strategies, have started to scale back, as the economy appears to be heading for a slowdown. The efforts, which started in May, have resulted in massive layoffs at several firms, from startups to publicly traded companies worth billions of dollars.
The layoffs in the sector are happening for a va
The metaverse is not yet upon us, but companies are already cutting back on hiring in the sector. That’s according to a report from Bloomberg, which highlights a study by Revelio Labs, which showed that postings for jobs relating to the “metaverse” declined by a whopping 81% between April and
Antisemitic incidents have shown a sharp rise in the United States. The Anti-Defamation League, a New York-based Jewish civil rights group that has been tracking cases since 1979, found that there were 2,717 incidents in 2021. This represents an increase of 34% over 2020. In Europe, the European Commission
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Sometimes the simplest tool is the right one. Trello is like a digital bulletin board. It’s easy to use and it’s free. If you’re jugg