The tech industry has been rocked by a significant wave of layoffs throughout 2024, a continuation of a trend that began in previous years. The scale of these job cuts reveals the underlying challenges and strategic decisions facing tech companies today. Over 130,000 employees have been laid off
In a calculated move aimed at honing in on their primary domestic market, ThredUp, a prominent fashion resale marketplace, has strategically divested its European operations. This decisive action comes after ThredUp initially expanded into Europe in 2021 via the acquisition of Remix, a Bulgarian
The ride sharing industry is poised for significant growth and transformation over the next decade. With a projected market valuation of USD 96.9 billion by 2030 and a compound annual growth rate (CAGR) of 13.7%, the sector is set to undergo substantial changes driven by various factors. This
Amid discussions that tested the complexities of regional cooperation and funding, the Minot City Council grappled with a crucial vote on utilizing city sales tax to finance a bridge replacement in Velva. Part of the Mouse River Enhanced Flood Protection Project, the initiative underscores the
The recent merger of two premier UK intellectual property firms, AA Thornton and Venner Shipley, marks a significant shift in the landscape of the IP sector. Come December, the merged entity will operate under the Venner Shipley name, signifying one of the most consequential moves in the UK IP
The enterprise software-as-a-service (SaaS) market has long been a focal point for venture capital investment. Recent years, however, have witnessed significant shifts in funding patterns due to various economic and market influences. As we near the end of 2023, there are emerging signs that the
