Do not miss the photos of this huge Bay Area warehouse, jam-packed with the remnants of failed tech companies. Fancy office chairs, branded swag, weird new ideas about cubicles, endless rows of phone booths, and more. And most of it’s for sale! It’s like upscale, totally cursed Ikea in there.
Ben Horowitz has donated a minimum of $7.6 million to fund police purchases. a16z portfolio companies, —such as Skydio, Prepared911, and Flock Safety — benefited.
At the Jack Dorsey-owned Block, employees were given “stern warnings” not to speak of Jay-Z, according to Fortune. Employees reportedly weren’t told why they couldn’t mention the rapper, who is also on Block’s board.
Block, purchased a majority stake in Jay-Z’s music streaming app Tidal in 2021. Tidal laid off more staff last month, but that may not be the end of this year’s cuts, Fortune reports.
The Information reports that TikTok’s parent company ByteDance grew its overall revenue to $73 billion in the first half of 2024 — just shy of Meta’s $75.5 billion. The share of ByteDance’s revenue that comes from TikTok grew to 23 percent, meaning its operations outside of China are increasingly important for the company’s bottom line.
After cruising onto the scene in 2018, Yamaha told e-bike dealers that it’s ending its US e-bike business due to the “significant softening” and “oversupply” after the pandemic-fueled e-bike boom, reports Electrek.
The company said it will continue offering an up to 60 percent discount program for bikes “retailed and warranty registered” through June 30th, 2025.
