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Product Hunt's CEO says layoffs announced on October 10 were for “strategic” not “financial or company performance reasons”, and impacted ~60% of the team (Sarah Perez/TechCrunch) 19-10-2023

Sarah Perez / TechCrunch: Product Hunt’s CEO says layoffs announced on October 10 were for “strategic” not “financial or company performance reasons”, and impacted ~60% of the team  —  Product Hunt, the product discovery site for smaller startups, apps, tech tools, and developers’ side projects, is cleaning house. Lees verder op Tech Meme

Filing: the US SEC drops charges alleging Ripple executives Brad Garlinghouse and Chris Larsen aided and abetted the company in violating securities laws (CoinDesk) 19-10-2023

CoinDesk: Filing: the US SEC drops charges alleging Ripple executives Brad Garlinghouse and Chris Larsen aided and abetted the company in violating securities laws  —  The regulator had included them as defendants in its securities violation case revolving around XRP transactions, and the agency now says it’s just pursuing Ripple for damages. Lees verder op Tech Meme

The FCC votes 3-2 to invite the US public to comment on re-establishing net neutrality rules; the broader effort still faces a long legal and political battle (Devin Coldewey/TechCrunch) 19-10-2023

Devin Coldewey / TechCrunch: The FCC votes 3-2 to invite the US public to comment on re-establishing net neutrality rules; the broader effort still faces a long legal and political battle  —  The Federal Communications Commission officially began its effort to re-establish net neutrality at its monthly meeting today … Lees verder op Tech Meme

Trucking marketplace Convoy starts shutting down; sources: the startup had ~$320M in 2023 revenue by early October, on pace to fall short of the $630M in 2022 (Maria Heeter/The Information) 19-10-2023

Maria Heeter / The Information: Trucking marketplace Convoy starts shutting down; sources: the startup had ~$320M in 2023 revenue by early October, on pace to fall short of the $630M in 2022  —  Trucking startup Convoy is shutting down, the company told employees and investors on Thursday, in a dramatic collapse of a business … Lees verder op Tech Meme