Over 2,000 Google cafeteria workers across dozens of the company’s Silicon Valley campuses have unionized, Recode reported on Tuesday, in what’s the latest example of the rising organizing efforts within the tech community. The workers, who wash dishes and help prepare and serve food in Google’s corporate cafeterias, voted last month to join the union United Here, which represents workers in...
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Sequoia Capital China Buys Discounted Stake in Prominent E-Commerce App
Sequoia Capital China recently acquired a stake in Chinese social e-commerce app Xiaohongshu from existing investors at a discount to the company’s most recent equity financing valuation, according to three people with knowledge of the matter. Sequoia China, which is preparing to separate from Silicon Valley’s Sequoia Capital next year, bought the Xiaohongshu shares earlier this...
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