Better.com CEO Vishal Garg apologizes for how he handled firing ~900 employees, 9% of his workforce, over Zoom, as a report says Better.com is delaying its SPAC
Three Executives Quit Joshua Bote / SFGATE : Startup valued at $7B lays off hundreds on Zoom before holidays Niket Nishant / The Economic Times : Better.com CEO apologises after laying off 900 employe...
Toast shares closed up 56% at $62.51 in its NYSE debut, giving it a market cap of $31B+, after raising ~$870M in its IPO
Ari Levy / CNBC : Tweets: @levynews , @danpriceseattle , and @skupor Tweets: Ari Levy / @levynews : Toast valued at $32.5 billion at opening price Was $8 billion in secondary sale in November Was $5 ...
Analysis: Palantir's Alexander Karp got compensation worth $1.1B last year and DoorDash's Tony Xu got $400M, both among the biggest CEO pay packages since 2007
Data-analysis company's Alexander Karp and meal deliverer's Tony Xu received compensation far exceeding that of S&P 500 CEOs Tweets: @danpriceseattle Tweets: Dan Price / @danpriceseattle : DoorDash: *...
Analysis of 3,100 sites shows that hospitals are using code to hide pages containing pricing data from being crawled by search engines, violating US federal law
Webpages for hundreds of hospitals require users to click through to find prices, undermining federal transparency rule, Journal analysis shows Tweets: @ericgeller , @annemariebridy , @sarahkliff , @d...
Uber buys food delivery service Postmates for $2.65B in an all-stock deal
I met Bastian Lehman, CEO and co-founder … Kari Astillero / Micky : Uber confirms $2.65 billion all-stock purchase of Postmates Bhumika Khatri / Inc42 Media : Daily Tech Briefing: Paytm Solidifies Ins...
Inside the IRS's probe into Facebook, including emails from 2008 where Sandberg and Ted Price, Facebook's head of tax, discuss tax havens for parking profits
The social media behemoth is about to face off with the tax agency in a rare trial to capture billions that the IRS thinks Facebook owes. Tweets: @mccarthyryanj , @stevecimino , @katielpaul , @thetnho...