Author: Eric

Twitter CEO’s weak argument why investors shouldn’t fire him

Eric Entrepreneurship ,

Twitter CEO Jack Dorsey might not spend six months a year in Africa, claims the real product development is under the hood and gives an excuse for deleting Vine before it could become TikTok. Today he tweeted, via Twitter’s investor relations account, a multi-pronged defense of his leadership and the company’s progress. The proclamations come … Continue reading Twitter CEO’s weak argument why investors shouldn’t fire him

SoftBank’s Rajeev Misra Used Campaign of Sabotage to Hobble Internal Rivals

Eric Entrepreneurship

It was a career coup for Rajeev Misra. In 2017, the former banker, who had held a series of Wall Street jobs, was put in charge of one of the most formidable investing machines ever assembled. His rise to the top of SoftBank Group 9984 -1.65% Corp.’s $100 billion Vision Fund isn’t a traditional tale … Continue reading SoftBank’s Rajeev Misra Used Campaign of Sabotage to Hobble Internal Rivals

DigitalOcean is laying off staff, sources say 30-50 affected

Eric Entrepreneurship ,

After appointing a new CEO and CFO last summer, cloud infrastructure provider DigitalOcean is embarking on a wider reorganisation: the startup has announced a round of layoffs, with potentially between 30 and 50 people affected. DigitalOcean has confirmed the news with the following statement: “DigitalOcean recently announced a restructuring to better align its teams to its … Continue reading DigitalOcean is laying off staff, sources say 30-50 affected

Baraja’s unique and ingenious take on lidar shines in a crowded industry

Eric Entrepreneurship , ,

It seems like every company making lidar has a new and clever approach, but Baraja takes the cake. Its method is not only elegant and powerful, but fundamentally avoids many issues that nag other lidar technologies. But it’ll need more than smart tech to make headway in this complex and evolving industry. To understand how … Continue reading Baraja’s unique and ingenious take on lidar shines in a crowded industry

Google wants to phase out support for third-party cookies in Chrome within two years

Eric Entrepreneurship ,

Google today announced its plans to phase out support for third-party cookies in Chrome within the next two years. The fact that Google will drop support for these cookies, which are typically used to track users across the web, doesn’t necessarily come as a surprise, given Google’s announcements around privacy in Chrome, including its proposed … Continue reading Google wants to phase out support for third-party cookies in Chrome within two years

Uber founder Travis Kalanick is leaving the company’s board of directors

Eric Entrepreneurship

Uber founder and former CEO Travis Kalanick is leaving the company’s board of directors, the ride-hailing company announced today. Kalanick will officially resign from the board as of December 31, to “focus on his new business and philanthropic endeavors,” according to a press release issued by Uber. Kalanick, who was forced out as Uber CEO … Continue reading Uber founder Travis Kalanick is leaving the company’s board of directors

Kid-focused STEM device startup Kano sees layoffs as it puts Disney e-device on ice

Eric Entrepreneurship , ,

London-based STEM device maker Kano has confirmed it’s cutting a number of jobs which it claims is part of a restructuring effort to shift focus to “educational computing”. The job cuts — from 65 to 50 staff — were reported earlier by The Telegraph. Kano founder Alex Stein confirmed in a call with TechCrunch that … Continue reading Kid-focused STEM device startup Kano sees layoffs as it puts Disney e-device on ice