Shopify added to its staff cuts in August, just one month after announcing it laid off about 1,000 employees in July. The e-commerce software giant let go of an additional 70 workers last month to further reduce costs, The Globe and Mail reported. Shopify had a net loss of $2.6 billion in the first six months of 2022, versus a $2 billion profit during the same period last year. Shopify CEO...
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Where Google Has Grown
Alphabet has doubled the headcount in its Google Cloud unit since early 2019, according to data obtained by The Information, outstripping Alphabet’s overall hiring growth. The rapid growth helps explain why Google Cloud’s losses continue to widen even as its revenue grows rapidly. Google’s hardware unit and YouTube also each roughly doubled headcount between the first quarter...
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The Information’s Top Tech-Adjacent Gifts for 2022
After the roller-coaster ride of the past month, everyone needs a little retail therapy. So, in honor of Black Friday and the upcoming holiday season, we’ve put together our annual gift guide, asking The Information’s staffers to share their favorite tech and tech-adjacent purchases of the last year.