Layoffs at SoftBank’s Vision Fund are likely to be bigger than previously planned, as the world’s biggest tech investment fund is now preparing to cut about 15% of its jobs, Bloomberg reported. The Vision Fund, which has roughly 500 employees, is now expected to lay off 80 of them, according to Bloomberg. The cuts come after SoftBank Group last month reported a record loss for the fiscal year...
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The Takeaway Startups
‘People Follow People’ and Other Themes on the Creator Economy
This week brought more moves in the slow death of the attention economy and the rise of the creator economy. Twitter—the OG attention economy company—announced a flurry of new products to help individuals gather and make money from their followers on Twitter. It is too early to say whether the upcoming Super Follow product will get much in the way of usage. But it’s not too...
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Ex-Amazon Studios Executive Claims He Was Fired for Upgrading Airline Ticket
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