Meta Platforms is beginning an effort to reduce the number of managers within the company, Bloomberg reported on Tuesday. In the coming weeks, high-ranking managers at the social media giant will reportedly ask lower-ranking managers to either accept demotions to individual contributor roles with no managerial oversight or depart the company. CEO Mark Zuckerberg hinted at the effort during...
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Let’s Talk About Jack Dorsey
Well, it’s been a minute since Jack Dorsey has been in the news. But lest you think that Elon Musk—and Congress’s favorite punching bag, TikTok—get all the fun, today short seller Hindenburg Research sent Block’s stock down 15% with a report saying the payments company, formerly known as Square, had been inflating its user metrics by serving criminals with shady “Wild West compliance.”You can...
U.S. Prosecutors Charge Do Kwon with Fraud after Arrest in Montenegro
Mysten Labs to Buy Back Investment From FTX for $96 Million
Slack’s Sales Chief Departing Salesforce Next Month
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