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Google's move to answer questions directly rather than sending users out to the web reflects the declining quality of sites, an early exec said. → Read More
Parent company Alphabet hired more than 12,000 workers in the third quarter, shocking Wall Street which had expected headcount growth to slow. → Read More
As shipping costs grow and consumer spending slackens, Amazon is searching for ways to tighten its belt. Headcount is a prime target. → Read More
CFO Ruth Porat warned that advertising revenue growth will also be pressured in the fourth quarter, the most important time of year for Google. → Read More
The company is offering creators ways to make money on Shorts. But the real victory is getting new creators to move over to long-form YouTube. → Read More
The Snap cofounder has always shunned Wall Street and taken big bets that won't pay off for years. In August, that approach suddenly changed. → Read More
Snap last week axed more than 1,200 workers in a mass layoff that came as a surprise to many. → Read More
The last few months for Gopuff have been rocky. The market slowdown has soured investor sentiment toward the money-losing grocery delivery sector. → Read More
CEO Larry Liu saved the company by pivoting Weee into a grocery delivery service. But it's facing a slowdown in online delivery and a bruising workplace culture. → Read More
The ultrafast delivery startup previously cut 3% of its workforce, or more than 400 employees, earlier this year. → Read More
The company which delivers Asian and Hispanic groceries, is yet another example of e-commerce startups that have had to retrench amid tightening financial markets and a post pandemic slowdown. → Read More
A Google engineer declared that one of its AI products was sentient. The company publicly disagreed, but some researchers say it fueled the hype. → Read More
Drivers say that overall pay have been mostly flat while gas prices have soared. One saw their profits dwindle from $0.23 per mile to $0.08 per mile. → Read More
New visa-application disclosures reveal the salaries of dozens of staff at DoorDash. Here's a breakdown of how much it pays various workers. → Read More
Surging gas prices have cut into the earnings of gig economy drivers, hammering the shares of Uber and rivals. → Read More
A handful of senior executives have left Uber over the past year. Its stock has floundered since the market downturn earlier this year. → Read More
The two entertainment disruptors have a long, intertwined history that speaks for and against a deal. → Read More
Many of the warehouses suffered from low volume and the company is looking to get more efficient amid a broader crunch in the rapid delivery sector. → Read More
With consumer spending slowing down amid record inflation and the threat of a recession, analysts and venture capitalists say cash on hand is king. → Read More
The company is girding for a rough few months as the market downturn slams its stock and inflation headwinds grow. → Read More