Sources: HP CEO Enrique Lores leaving to become PayPal CEO blindsided HP, whose board rushed to launch a CEO search process; Lores had worked for HP since 1989
Rohan Goswami /Semafor:NEW
Sources: Google laid off 200+ employees from its Core teams, including IT and its Python developer team, and plans to move some roles to India and Mexico
unless it's your smartphone Ann Resuma / International Business Times : Google Lays Off 200 ‘Core’ Employees; Eyes Shifting Some Roles To India, Mexico Alice Nunwick / Verdict : Google lays off 200 US...
Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks”
Annie Palmer / CNBC : X: @rogoswami and @levynews X: Rohan Goswami / @rogoswami : Holy cow... what's going on in the aggregator world? @annierpalmer keeping the scoop streak going https://www.cnbc.co...
Flexport raised $260M from Shopify, one of its biggest shareholders; Shopify sold its money-losing logistics unit to Flexport in exchange for equity in May 2023
Report FreightWaves : Flexport raises $260M from Shopify Threads: Ran Reichman / @ranreichman : I don't understand this on two accounts: 1. Flexport CEO said they have a fortress balance sheet quite ...
A task force of ten state regulators, including California and Washington's, issues a Show Cause Order against Coinbase for allegedly violating securities law
Alleges Crypto Trading Platform Operated As Unregistered Exchange Since 2019 Rohan Goswami / NBC News : SEC sues Coinbase over exchange and staking programs Jamie Redman / Bitcoin News : Alabama Secur...