Video streaming company Netflix said it has laid off 300 people — which represents 3% of its workforce — because of slowing growth and the economic downturn. This is the firm’s second layoff spree in two months, after it let go of 150 staffers in May. In April, it also laid off a bunch of [&h…
DeltaX wants to digitize the Andean region’s trucking sector
Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1 million seed funding round.
Netflix to charge global members sharing their accounts an additional fee, following tests
In light of Netflix’s concerning subscriber losses, the company announced today during its first-quarter earnings call that it will expand its test that charges members a higher price if they’re engaged in account sharing with people outside their household. The company first began test…
Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear
Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…