Sara Adler, who led Airbnb’s corporate development arm under former CFO Laurence Tosi, quietly left the company last month to help run a new venture capital firm called Wave Capital with another former Airbnb employee, Riley Newman, Bloomberg reports. One of the firm’s first startup was founded by another recently departed Airbnb employee, Dan Hill. As we’ve written, Airbnb has seen high...
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Meta’s Twitch Competitor Cuts Contracts With Gaming Creators
Since 2018, Meta Platforms has paid videogamers to stream their play on Facebook’s gaming service, its alternative to Twitch. Now, in a new era of austerity, Meta is cutting back on those payments. Facebook Gaming in the second half of last year dropped its contracts with at least 200 creators that paid them to spend time streaming on the web service, according to two people with direct...
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
China’s Baidu to Launch ChatGPT-like Service
Amazon Fresh Hikes Grocery Delivery Fees
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