Month: June 2020

Venture firms rush to find ways to support Black founders and investors

As protests against police brutality and economic manifestations of systemic racism in the U.S. continue, venture capital firms are joining the chorus of technology industry advocates lending their support to the cause. For the past three days, technology company executives and the investors who backed them have issued statements of…

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Rivian makes cuts and names new chief operating officer

Amazon-backed EV startup Rivian has laid off about 40 employees at its headquarters in Plymouth, Michigan, The Verge has learned. The cuts, which the company has confirmed to The Verge, were made across departments and included engineers, recruiters, and others, according to two former employees. The company has also made…

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Amazon reportedly preps June 22nd sale to counter the pandemic slump

Amazon might push back Prime Day this year, but that doesn’t mean you’ll have to go without other sales in the meantime. CNBC claims to have seen a document outlining plans for a “summer sale,” tentatively named “Biggest Sale in the Sky,” that would… Source

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Just one mobile phishing attack could cost your business hundreds of millions

New research from Lookout has revealed the danger that mobile phishing attacks pose to enterprise organizations where many employees are given company smartphones for work. The firm’s 2020 Mobile Phishing Spotlight Report shows that unmitigated mobile phishing threats could end up costing organizations with 10,000 mobile devices as much as…

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Zoom usage peaked at 300 million daily participants in April

As the response to the coronavirus pandemic pushed people out of offices and back into their homes, videoconferencing has taken center stage and one of the biggest beneficiaries of the switch is Zoom. Today the company reported its earnings for the f… Source

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Ahead of its 2015 debut, Atlassian’s IPO deck detailed a financial rocketship

TechCrunch recently dug into Atlassian’s IPO deck, detailing how the company prepped the document and took it on the road. It’s worth your time. Read it. It’s always interesting to dig into a company’s IPO documents and decks after they’ve debuted, as with the benefit of passed time we can…

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