Ben Cohen / Wall Street Journal: A look at Bending Spoons’ hiring process: the company, which owns Vimeo, AOL, and Evernote, received 800,000 job applications last year and made only 286 hires — Getting an offer from Bending Spoons, which owns AOL, has become harder than getting into Harvard Source link
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Wall Street Journal: Fidji Simo says she has decided to leave her full-time role at OpenAI and transition to being a part-time adviser after her medical condition worsened — The head of artificial general intelligence won’t return from extended medical leave, a major leadership change as the AI giant prepares to go public Source link
The Information: Filings: Grubhub parent Wonder is raising hundreds of millions at a $9B valuation; source: founder Marc Lore indicated he’ll contribute $200M to the round — Wonder, the owner of GrubHub and Blue Apron, is lining up hundreds of millions of dollars, at a valuation of $9 billion, in what could be its last
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Brian Danga / The Block: Coinbase secures UK FCA authorization to offer investment services, enabling it to expand into derivatives and equities trading, its largest UK expansion yet — Quick Take — Coinbase has secured a UK investment services license, allowing it to expand beyond crypto with derivatives and equities trading. Source link
Julia Hornstein / The Information: Source: Thrive Capital spinoff Thrive Holdings seeks to raise around $2B from SoftBank, Altimeter, D1, and others, after previously raising $1B — Some of the biggest backers of OpenAI and its rivals are pooling their money in an offshoot of Thrive Capital that buys controlling stakes … Source link
Kate O’Keeffe / Bloomberg: A US federal judge ordered the DOD to shield Alibaba from a law that led lobbyists to drop it as a client while she weighs the measure’s constitutionality — A federal judge ordered the Pentagon to give Alibaba Group Holding Ltd. a reprieve from a law that caused all of its
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