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In Q4 2022, Jumia cut 20% of staff to cut losses by half

As part of its streamlining efforts, Jumia cut managerial headcount by 60% in Dubai and over 900 positions across its 11 markets, affecting 20% of its staff. Jumia’s FY2022 financials show this happened in Q4 last year. This follows the Jumia Supervisory Board’s note on senior management shake-ups when it …

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The Impact of Nuclear Fusion on the World

This month, the National Ignition Facility (NIF) at the Lawrence Livermore National Laboratory accomplished nuclear fusion ignition for the first time. This important milestone demonstrates that controlled fusion, which releases more energy than it absorbs, is possible in the laboratory. Although there is a long way to go before fusion …

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Ngrok, a platform for developers to launch websites, services, and apps, raises $50 million

Alan Shreve will tell you that he established Ngrok in order to address a challenging infrastructure issue he ran into while working at Twilio. Ngrok is a service that enables developers to share websites and applications that are running on their local computers or servers. As an engineer there, Shreve …

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