Buy now, pay later firm Sezzle is laying off 20% of its North American workers this year. The cuts are an effort to save around $10 million as the company focuses on moving closer to profitability, Sezzle said in a statement on Thursday. The layoffs come as Sezzle prepares to consolidate its operations with rival installment lender Zip. The company announced last month it would acquire Sezzle...
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Reality Check Venture Capital Entertainment
A16z’s Gaming Metaverse Play; Cognixion’s Assistive Reality Progress
As investment pulls back and tech stock sell-offs continue, leave it to Andreesen Horowitz to dangle a bit of hope for startups aiming to power through to the next boom. The Menlo Park firm announced Wednesday the creation of its first fund focused on the gaming industry, totalling $600 million. And though there’s a current of optimism for immersive tech behind this fund, I would bet that it...
Meta Merges News, Media Partnerships Teams Under Campbell Brown
Cisco Systems Forecasts Revenue Drop, Blames China Lockdowns
Ex-Apple AI Director Goodfellow Returns to Alphabet
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