UK filings: Stability AI co-founder and former CEO Emad Mostaque has given up his controlling shares in the startup; Mostaque owned 75%+, per previous filings
The startup's co-founder left in March but remained the largest shareholder — until now — Emad Mostaque, the former chief … X: @mhbergen X: Mark Bergen / @mhbergen : From last night, a little capsto...
A look at Abu Dhabi-based AI startup G42, as sources say US intelligence officials fixated on CEO Xiao Peng ahead of its China divestment and Microsoft deal
Abu Dhabi-based G42 found it could no longer play for both teams. — G42, a startup in Abu Dhabi, has made itself … X: @eliotwb . LinkedIn: Mark Bergen X: Eliot Brown / @eliotwb : Great read on the r...
Sources: after the resolution of the Sequoia-Klarna ordeal, Klarna's co-founders continue to clash on key governance decisions, like post-IPO control of Klarna
- Recent boardroom spat stemmed from tension between co-founders — Pair continue to clash as company explores potential IPO X: @mhbergen and @aishagani X: Mark Bergen / @mhbergen : Did you follow the...
Web Summit names Katherine Maher, the former Wikimedia Foundation head, as its new CEO, replacing co-founder Paddy Cosgrave, ahead of the event on November 13
Mark Bergen / Bloomberg :
A look at delivery startup Gopuff's rise, reaching 165 warehouses covering 600 US cities by 2020 and a $15B valuation by 2021, and fall, as pandemic trends fade
Bloomberg : Tweets: @modestproposal1 , @carnage4life , @harrymccracken , @shiraovide , @bradstone , @mhbergen , @caseynewton , and @caseynewton Tweets: @modestproposal1 : 🔥 “It is a poorly kept secre...
A profile of Changpeng Zhao, who built Binance into the largest crypto exchange, as he navigates a regulatory crackdown in a brutal crypto winter
During the first few months of this year—back when buying digital tokens named after dog memes was still seen, at least in some of the most … Tweets: @muyaoshen , @mattysino , @mhbergen , @sidcoins , ...
Sources: delivery startup Gorillas, which raised $1B in October 2021, is cutting staff, reducing free-spending policies, and considering closing four warehouses
Aggi Cantrill / Bloomberg : Tweets: @mhbergen , @shiraovide , @aulia , @cdanuloff , @eliotwb , and @aggichristiane Tweets: Mark Bergen / @mhbergen : “A Slack channel set up for employees to flag susp...
Filing: during Q1, Alphabet saved $268M in expenses from company promotions, travel, and entertainment, compared to Q1 2020, “primarily as a result of COVID-19”
Mark Bergen / Bloomberg : Tweets: @creative_rants , @erika_d_smith , @mhbergen , @bloombergquint , @benedictevans , and @hkanji Tweets: Creative Rants / @creative_rants : Me in 2023 telling all the n...
Leak shows ByteDance is recruiting people for 10K open positions, of which about a third are high-level tech jobs, and aims to hire 40K new jobs in 2020
Zheping Huang / Bloomberg : Tweets: @mhbergen Tweets: Mark Bergen / @mhbergen : “The world's largest startup is recruiting people for 10,000 open positions” https://www.bloomberg.com/...
Memo: Google fires four employees, citing data-security violations, amid rising tension between management and staff
But Critics Say It's Retaliation for Protesting Charlie Wood / Business Insider : Googlers say the company is trying to crush worker organization after it fired 4 people Cara Curtis / The Next Web : G...