Week in Review: The old Vision Fund heave-ho

Hey everyone, welcome back to Week in Review where I dive deep into a little of bulletin from the week or merely share some thoughts and go over some of the most interesting stories of the week.

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The big-hearted story

The WeWork saga previously produced SoftBank to conclude headlines months ago when CEO Masayoshi Son urged portfolio companies to chase cashflow, but this was the week that the shoe sagged for spate of startups and the layoffs commenced.

Getaround let go of 150 employees according to The Information . Zume is planning to fire 400 parties, Business Insider reports. Oyo is shelling “thousands,” Bloomberg reports. Rappi is laying off 6% of its workforce, the company announced. Sonos sues Google
An interesting litigation to surface this week, Sonos is litigating Google for alleged patent infringement, with the speaker company alleging that Google has stolen some of its tech and owes it currency. Google acknowledges that the two had been in talks about licensing tech but doesn’t seem rekindled about the dres. Read more here. An interesting prosecution to rise the coming week, Sonos is indicting Google for alleged patent violation, with the speaker company alleging that Google has stolen some of its tech and owes it cash. Google acknowledges that the two had been in talks about licensing tech but doesn’t seem fuelled about the suit. Read more here. Twitter rethinks replies
Twitter banning the nazis has become an unfortunate meme of sortings that highlights how many issues Twitter has with defamation on its locate. Building a comprehensive blacklist was a jolly daunting challenge for Twitter which has significantly less resources that Facebook or YouTube, its new solution is to have different types of whitelists for tweets so that the original poster can restraint replies. Read more about it in our coverage.Posted in NewsTagged ,

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