Amazon was fined $1.3 billion by Italy’s antitrust authority on Thursday for forcing merchants on its site to use the company’s logistics services in order for their retail listings to be featured more prominently on the website. The fine is the largest ever levied by the agency, and is the latest in an unrelenting barrage against the world’s largest tech giants. According to the regulator...
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The Weekend startups culture
Knocked Down, Dragged Out, and Laid Off
Hi, welcome to your Weekend! It was a tough week (and month and quarter) for people in tech. And that goes double for folks who work in crypto, which has seen a calamitous drop from its pandemic-era heights.Many might feel a hint of schadenfreude about the humbling of crypto. Certainly, its leaders seem worthy of comeuppance, after pumping the space with enough hot air and hype to power a...
Twitch’s Creators Chief Departs Amid Payout Cutbacks
Amazon Informs Employees It Miscalculated Raises
Google CEO Addresses Employee Questions about Cost-Cutting
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