Tag: coronavirus
Snapchat users surge amid coronavirus pandemic
With more users stuck at home during the coronavirus pandemic, Snapchat has more users than ever. Snapchat gained 11 million users during the first quarter of 2020, a significant uptick from the 8 million it added last quarter quarter, and well ahead… Source
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Houzz lays off 155 employees, cuts executive salaries
Houzz, an online platform for home renovation and design, has laid off 155 employees, roughly 10 percent of its staff, per an internal memo obtained by TechCrunch. Executive salaries also took a cut. The company, last valued at $4 billion, confirmed the content of the memo in a statement to…
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GM exits car-sharing business and shuts down Maven
GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19 pandemic. The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and…
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GM’s Maven car-sharing service is shutting down
The COVID-19 pandemic has claimed GM’s Maven car-sharing service. Customers are receiving notices that Maven is no longer available “effective immediately.” In its messaging, the company cited business performance, the industry and “what’s going on w… Source
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Extra Crunch Live: Navigating the pandemic with an equitable lens
Amid the COVID-19 pandemic, the tech industry has yet again found itself in a vulnerable state. As we saw in the dot-com era, when the economy takes a hit, so do companies, and they need to make critical decisions — whether it’s laying off or furloughing employees, pausing operations in…
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Coronavirus-related Facebook support groups reach 4.5M in U.S, as misinformation and conspiracies spread
Facebook has already come under fire for hosting groups organizing anti-quarantine protests in response to government lockdowns amid the coronavirus outbreak, and those promoting fake coronavirus cures and misinformation. Now it’s trying to figure out what to do with the growing number of COVID-19 community groups on its platform worldwide.…
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