SoftBank-Backed Startup Better.com Axes 900 in Three Minutes
Photo Illustration by Thomas Levinson/The Daily Beast/Getty Better.com, the SoftBank-backed mortgage startup with a wildly temperamental founder, laid off roughly 10 percent of its workforce today, or about 900 people in the United States and India,…
Michigan State University suspends fraternity after Vietnamese American student’s death
Michigan State University (MSU) and the Pi Alpha Phi national organization have suspended the university’s fraternity chapter after alcohol consumption was suspected to have played a part in the death of 21-year-old Vietnamese American junior Phat…
BuzzFeed News union members plan walkout for same day as SPAC IPO vote
Members of BuzzFeed News’ union said they plan to walk out on the job at noon Thursday, the same day shareholders will vote on whether or not to take BuzzFeed public via a SPAC IPO. Why it matters: Digital media companies are anxiously eyeing…
What ‘insurtech’ means for Lansing’s $30B insurance industry
Important as it is, insurance is a quiet part of most people’s lives. But Lansing has long been an insurance hub, home to eight company headquarters responsible for more than $30 billion in annual premiums and revenue, according to the Lansing…
BuzzFeed News Workers Walk Off the Job to Protest Contract Talks
(Bloomberg) — BuzzFeed News employees plan to walk off the job Thursday to protest what they say is the company’s failure to agree to a fair labor contract, creating turmoil at the startup days before it goes public. Most Read from Bloomberg The…
Funding news: Upbound raises $60M for cloud infrastructure, competitive intelligence startup Klue lands $62M
Upbound founder and CEO Bassam Tabbara. (GeekWire File Photo) The news: Seattle-based cloud management platform startup Upbound has raised $60 million in new funding. Upbound helps enterprise customers consolidate and streamline their workflow in the…
Elizabeth Holmes testifies she reached out to Rupert Murdoch to try to kill a damning Wall Street Journal story
By Sara Ashley O’Brien, CNN Business When Elizabeth Holmes got wind that then-Wall Street Journal reporter John Carreyrou was working on a damning expose that would publish in October 2015 about her blood testing startup Theranos, she went straight to…
Several trump cards for Helsinki in the competition between startup cities
Published: Dec. 1, 2021 at 6:37 AM EST|Updated: 11 hours ago HELSINKI, Dec. 1, 2021 /PRNewswire/ — The world’s leading startup event, Slush 2021, will be organised at the Helsinki Expo and Convention Centre on 1-2 December bringing together…
Startups use tech, ‘gamification’ for public health problems
Credit: Unsplash/CC0 Public Domain Matthew Loper’s mission to use technology and science to revolutionize health care began when he observed vastly different outcomes for relatives with the same disease. The CEO and co-founder of Wellth, an app…
Climate tech funding news: BattGenie works its magic; lithium refining startup gets Gates’ support
BattGenie team, from left to right: Manan Pathak, Chintan Pathak and Venkat Subramanian. (BattGenie Photos) Here’s the latest funding news for climate tech startups across the Pacific Northwest. BattGenie The news: BattGenie — a startup on the short list…