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Electric scooter company Bird declares bankruptcy

Bird filed for Chapter 11 bankruptcy, ending a rough year for the electric scooter company. Bird announced today that it had begun a “financial restructuring process aimed at strengthening its balance sheet” but would continue to pursue “long-term, sustainable growth.” Bird, founded in 2017 by former Lyft and Uber executive …

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Instagram finstas could become a new product called ‘flipside,’ for close friends

Instagram is considering a new feature called “flipside” that lets users create a private side of their profile to post more candid and personal photos for a select group of friends. The feature productizes “finstas”—alternative Instagram accounts where people post their real-life photos instead of their polished public Instagrams. The …

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