WhatsApp’s iOS update adds picture-in-picture. This lets callers use WhatsApp or other apps without muting the video. The 23.3.77 iOS app introduced this feature. Previously, if you switched apps on your iPhone during a WhatsApp video call, the other person couldn’t see your feed. The new feature lets you respond …
Read More »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 …
Read More »Tesla doubles supercharger network for all EVs under Biden’s $7.5B charging plan
Even Tesla has agreed to new requirements for companies seeking funding from the Biden Administration’s $7.5 billion EV charging initiative. The Biden Administration announced Wednesday the final standards for its plan to build a national network of 500,000 electric vehicle chargers along highways, including a requirement that all Inflation Reduction …
Read More »You.com’s multimodal chat search is aimed at Google and Microsoft
Richard Socher, the founder of You.com, is aware that his business has always been a David battling Google and, to a lesser extent, Microsoft for supremacy in the search market. He likes to point out that his business developed search based on generative AI in December, well in advance of …
Read More »India lifts restrictions on some lending apps, including PayU’s LazyPay
According to a person familiar with the situation, India’s IT Ministry has lifted the ban on seven well-known lending apps, including PayU’s LazyPay, Kissht, KreditBee, and Indiabulls Home Loans. This is welcome relief for the fintech sector, which has recently been subject to intense scrutiny. According to a copy of …
Read More »10% of GitHub’s employees will now work remotely
Tech industry layoffs continue. The company GitHub, which is owned by Microsoft, announced today that it will be letting go of 10% of its workforce through the end of its fiscal year. GitHub had about 3,000 employees prior to this announcement, which was first reported by Fortune. Additionally, the business …
Read More »In the second round of layoffs, Groupon eliminates another 500 employees
In an effort to reduce expenses, Groupon announced last week that it had fired another 500 employees. In August 2022, the e-commerce company had already eliminated 500 jobs, or about 15% of its total workforce. This new round of layoffs, according to the company, will be spread out over the …
Read More »Elon stands up, Akio Toyoda turns over the CEO keys, and Waymo faces layoffs
A weekly newsletter devoted to all things transportation is called The Station. Simply click The Station to sign up and receive the weekend edition of the newsletter in your inbox every week. Subscribe without cost. Welcome back to The Station, your go-to location for all people- and package-moving needs in …
Read More »Investors in Jumia reevaluate their holdings, for better and worse
According to the most recent 13G/A filing made public by the asset manager, Baillie Gifford, the Edinburgh-based asset management company long known for its affinity for pre-IPO tech companies, has reduced its holdings in African e-commerce giant Jumia. Baillie Gifford disclosed ownership of 18.75 million Jumia shares, or 13.69% of …
Read More »Finn introduces B2B auto subscriptions in the US
The Munich-based car subscription startup Finn is moving into long-term corporate rentals in addition to individual consumer rentals in the United States. For about the same cost as a lease, car subscription services provide flexibility, maintenance, roadside assistance, and, in many cases, direct delivery of the vehicle to your door. …
Read More »