Uber laid off 400 employees on its marketing team as it looks to cut costs in the wake of its lackluster IPO, according to a report in the New York Times. The layoffs will shrink Uber’s marketing division by nearly one-third. Uber’s post-IPO trajectory has been shaky: Its stock is trading below the IPO price, where it has languished for most of the company’s existence as a public company. ...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
Amazon Fresh Hikes Grocery Delivery Fees
Shopify CTO Departs Following Layoffs of Technical Leaders
Bankrupt Online Wine Seller Winc Finds Buyer For Assets
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive microsoft ai
How Microsoft’s Stumbles Led to Its OpenAI Alliance
Thoma Bravo, Vista Approach Sumo Logic About a Possible Buyout
Exclusive google autonomous vehicles
Alphabet’s Waymo Robotaxi Subsidiary Cuts Staff, Including Trucking Engineers
Exclusive startups venture capital
Bolt CEO Cuts Staff a Third Time as Revenue Lags