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Sphero lays off dozens as it shifts focus to education
Sphero was ready to conquer the world last year. The company quintupled its product release schedule, flying high with the help of a Disney licensing deal that gave the world several Star Wars droids and talking Spider-Man and Lightning McQueen robots. But following a holiday season that failed to live up to expectations, the company recently laid off 45 staff members globally, TechCrunch… Read More
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Talent trickles out of Snapchat as Timehop founder leaves
Less than a year after joining Snapchat, social media nostalgia app Timehop’s founder Jonathan Wegener is departing the company. He tells TechCrunch he wants to build his own thing again, but the fact that the No. 1 teen social network isn’t exciting enough to stay at is telling. Read More
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Foursquare VP of business development Mike Harkey has left for Google
Foursquare’s VP of business development Mike Harkey, who has been with the company for more than five years, has left to join Google as its director of global product partnerships. 20 critical startup truths no one will tell you
Some knowledge is so important, everyone assumes everyone already knows it. But they don’t, especially in the tech world where things move so fast that most people are faking. But Stripe’s Patrick McKenzie spends his time helping the payment platform’s startup customers survive, and now he’s laid out 20 crucial learnings everyone should read. Click or scroll through… Read More
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LG shakes up its struggling mobile division with new top executives
If you’ve stopped paying attention to LG in the last couple of years, you’ll learn everything you need to know from the first paragraph of its latest press release that highlights a “sweeping realignment to better address the challenges ahead.” The company’s in a tough spot. It makes good and innovative phones, but just can’t seem to make a dent in a… Read More
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Salesforce appoints Bret Taylor as chief product officer
Salesforce has named Bret Taylor, the former chief technology officer at Facebook and founder of Quip, as president and chief product officer. Taylor first joined Salesforce in 2016, when Salesforce acquired word processing app Quip for $750 million. As chief product officer, Taylor will be tasked with leading Salesforce’s product vision, design, development and launches. Read More
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Meg Whitman out as CEO of HPE early next year
Six years after taking the helm as head of HP, Meg Whitman will step down from her role as CEO of Hewlett Packard Enterprise in February 2018. Whitman’s spot will be filled by the company’s current president, Antonio Neri. NerdWallet lays off 11 percent of staff due to missing profitability goals
Personal finance startup NerdWallet seems to be on the struggle bus, having just laid off 53 people today (about 11 percent of its workforce) due to the fact that the company is not hitting its profitability goals, TechCrunch has learned. As part of the restructuring, NerdWallet’s sales and partnerships teams will be folded into various product teams. Read More
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Developer community Stack Overflow lays off reportedly 20% of staff as it refocusses business
Some changes are underway at Stack Overflow, the online community where some 50 million developers and others converge to talk programming and many other things. TechCrunch has learned and confirmed that the startup has conducted a substantial number of layoffs across the company as it looks to steer the business more towards its core Q&A products and away from areas that were seeing… Read More
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Rallyteam raises $8.6 million to keep employees at companies
How can companies stop the best employees from leaving? Money. A good corporate culture. But some people are dissatisfied with the skills they’re gaining in their roles. Rallyteam has found that talented millennials often leave companies because the jobs aren’t challenging enough or leading them to their desired career path. The startup is working with corporations to keep… Read More
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