ICYMI: How Gwynne Shotwell is Leading SpaceX through Musk's Controversies Read Now

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The Weekend Entertainment Culture
‘He's Making Up a World He Wants to Attack’: Vivek Ramaswamy and the Making of an Anti-ESG Culture Warrior
By Jon Steinberg · Aug. 6, 2022 8:00 AM PDT
‘He's Making Up a World He Wants to Attack’: Vivek Ramaswamy and the Making of an Anti-ESG Culture Warrior
Hi, welcome to your Weekend! On Friday morning, just minutes after we published this week’s cover story, I saw a New York Times headline that echoed one of our piece’s theses: “How Republicans Are ‘Weaponizing’ Public Office Against Climate Action.”Both the Times investigation, by David Gelles, and our own, by veteran business journalist Michelle Celarier, explain aspects of a...
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Upper90 Closes $180 Million Fund for Asset-Based Startup Lending
By Maria Heeter · Aug. 5, 2022
Voyager Digital to Allow Customers to Withdraw Money Next Week
By Akash Pasricha · Aug. 5, 2022
Amazon’s Shopping Spree Continues With $1.7 Billion Purchase of iRobot
By Paris Martineau · Aug. 5, 2022
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Data Point Google Facebook
Why Mark Zuckerberg and Sundar Pichai Are Worried About Productivity
By Stephen Council
Executives at Facebook parent Meta Platforms and Google parent Alphabet are feeling the pressure, so they’re giving employees a kick in the pants.
Art by Mike Sullivan
Opinion Startups Economy
Don’t Blame Tech Workers for Silicon Valley’s Bloated Head Counts
By Ed Zitron
A frustrated Mark Zuckerberg paused during his weekly Q&A with Meta Platforms employees. He’d just gotten through warning everyone about the punishing downturn he saw coming , and the first question he got—one that, to be fair, had been pre-recorded—asked whether Meta Days, the extra time off given to workers during the pandemic, would continue in 2023.
Photos by Bloomberg. Art by Mike Sullivan
Exclusive Venture Capital Startups
Elon Musk’s No. 2 at SpaceX Does Damage Control
By Becky Peterson
For years, many investors and employees at Space Exploration Technologies have regarded the company’s No.2 executive, Gwynne Shotwell, as the adult in the room at the boundary-pushing rocket company founded by Elon Musk.
Illustration by Jesus Escudero.
Exclusive Venture Capital Startups
Debt Is Back for Startups Shut Out of IPO Market
By Maria Heeter
Tech startups that had been eager to go public this year have been forced to put those plans on ice amid the market meltdown.
Oracle's office (and former headquarters) in the San Francisco Bay Area. Photo by Bloomberg
Exclusive
Oracle Axes U.S. Staff, Part of Plan to Lay Off Thousands
By Amir Efrati
Oracle has begun to lay off employees in the U.S., a move that will impact some staff in the San Francisco Bay Area, where the company was previously headquartered, said a person with direct knowledge of the matter.
Kat Manalac of Y Combinator speaks during Startupfest in 2019. Photo by Bloomberg
Exclusive Venture Capital Startups
Y Combinator Slashes Startup Accelerator Class Size by 40%
By Kate Clark
Y Combinator has cut the number of startups it is funding and training this summer by about half compared to its winter program, a spokesperson confirmed.