Payments company Stripe plans to offer a $20,000 bonus to employees willing to relocate from San Francisco, Seattle or New York City by the end of the year. The catch? They must also accept a salary reduction of up to 10%, Bloomberg reports . Stripe, which is headquartered in San Francisco and employs roughly 3,000 people, didn’t respond to a request for comment. Other Silicon Valley tech...
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The Questions Around Snap’s TikTok Clone After Top Exec Resigns

After eight years at the company, Snap’s senior vice president of content and partnerships, Ben Schwerin, is departing to join Coatue Management as a general partner, my colleague Kate reported. Schwerin helped lead Snap’s Spotlight, the app’s TikTok clone launched at the end of 2020. His replacement will face the task of maintaining Spotlight’s growth as other rivals, such as Instagram’s...
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