a16z moves its state of incorporation to Nevada, saying that “Delaware courts can at times appear biased against technology startup founders and their boards”
a16z.com/were-leaving... X: @writeclimbrun : wow. a16z is leaving Delaware for Nevada. the blog post is crazy. https://a16z.com/... @bhorowitz : We are outta Delaware and now in Nevada https://a16z.co...
A TuSimple shareholder letter alleges “potentially fraudulent activities” as it tries to move ~$450M to China to pivot from self-driving trucks to AI animation
TechCrunch : Threads: @lorakolodny . X: @sokane1 , @techcrunch , and @mattrosoff Threads: Lora Kolodny / @lorakolodny : Whatever happened to TuSimple? They're trying to pivot. https://techcrunch.com...
Documents and sources undermine Flexport founder Ryan Petersen's claims that CEO Dave Clark overspent, overhired, and overpromised before being forced to resign
Peterson decides to return as CEO, unceremoniously ousts Clark, rescinds offers to a bunch of new hires then blames Clark for overhiring. … Jenn Schiffer / @jenn@pixel.kitchen : a real “read all the w...
Sources: as part of its layoffs, Meta cut an ambitious project that would have let third-party fact-checkers like Reuters add comments at the top of articles
- Meta, Amazon, Alphabet and Twitter have all drastically reduced the size of their teams focused on internet trust and safety … LinkedIn: Hayden Field . Tweets: @omgno2trump , @emmakinery , @brianste...
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, moderation, and more
here's why. Shalini Nagarajan / Blockworks : Elon Musk Teases Crypto Integration At His First Twitter All-Hands Abhishek Mishra / Fossbytes : Elon Musk's First Meeting With Twitter Employees Transcrip...
In 2018, Oculus' Jason Rubin sent a paper to Facebook executives laying the foundation for Meta's ambitions and detailing the need to own the VR market
- In 2018, an Oculus executive named Jason Rubin wrote a 50-page document headlined “The Metaverse” that he sent to a Facebook board member and some top execs. Tweets: @kevinroose , @charliefink , @su...
Profile of Ifeoma Ozoma as she launches The Tech Worker Handbook, an online guide for tech workplace complaints, and Silenced No More Act becomes California law
- Ifeoma Ozoma, a former employee at Pinterest and Google, just published a resource guide for tech workers who are considering … Tweets: @ashleygjovik , @jenn_elias , @joshbbornstein , @ifeomaozoma ,...
Some tech workers who quit the Bay Area during the pandemic are trickling back, as Twitter reopens its SF HQ and, along with Google, plans to expand in the area
Critics said the pandemic would make the industry flee San Francisco and its southern neighbor, Silicon Valley. Tweets: @jaycueanimal , @nytimes , @eliotwb , @coryweinberg , @nytimes , @kateconger , @...
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2
an ex-Facebook exec — hints at post-IPO ambitions Michelle Cheng / Quartz : Instacart will go public under a new CEO hired from Facebook Tweets: Deirdre Bosa / @dee_bosa : 🚨BREAKING: instacart taps Fi...
Internal memo: Amazon SVP Jeff Blackburn, a close lieutenant to Jeff Bezos for more than 22 years, says he is leaving the company, after a year-long sabbatical
> https://twitter.com/... Matt Rosoff / @mattrosoff : Not unexpected, but interesting scoop - will be curious to see where he ends up. https://twitter.com/... Thanks: @kslosh