Yahoo is eliminating a major piece of its advertising business and plans to lay off more than 1,600 employees—more than 20% of its overall workforce, Axios reports. The move is the result of Yahoo getting out of a part of its ad tech business that helped digital media publishers. The company will shut down its “supply-side platform,” which helps digital publishers sell automated ads on their...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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