March 7, 20230CommentsWeightWatchers is acquiring Sequence, a digital health company offering $99/month telehealth visits with doctors who can prescribe weight loss drugs, for $106M (Andrea Petersen/Wall Street Journal)
March 7, 20230CommentsAutonomous trucking company Embark lays off about 70% of its employees and says remaining staff will focus on winding down day-to-day operations (Kirsten Korosec/TechCrunch)
March 7, 20230CommentsSources: Meta plans to cut thousands of jobs as soon as this week, after it eliminated 13%, or 11,000 jobs in November 2023 in its first major layoff (Bloomberg)
March 7, 20230CommentsYuga Labs says the auction of its Bitcoin NFT project TwelveFold generated 735.7 BTC, about $16.5M; 288 out of 3,246 total bidders were awarded NFTs (Cam Thompson/CoinDesk)
March 7, 20230CommentsFrench expense management software maker N2F raised €24M from PSG Equity, and says it processes 1M+ expense reports a month for 10K+ businesses in 86+ countries (Dan Taylor/Tech.eu)
March 7, 20230CommentsAtlassian is cutting 500 jobs, about 5% of its workforce; filing: the company will incur about $70M to $75M in restructuring costs through the end of June (Brody Ford/Bloomberg)
March 6, 20230CommentsAt an all-hands last week, Sundar Pichai defended Google Cloud’s new desk-sharing policy; an exec says ~35% of staff are in the office at least four days a week (Jennifer Elias/CNBC)