AngelList, a platform that connects angel investors to startups and has roughly $1.8 billion assets under management, has laid off a sizable number of staff and cut executive salaries across all departments, according to a source familiar with the company. AngelList declined to share the number of people who were laid off. The layoffs, which…
Staff at telecommunications giant Charter Communications are still having to work from corporate offices — against the advice from the federal government — despite at least one employee testing positive for coronavirus and other staff coming into contact with another confirmed case. The phone and internet giant, which owns the Spectrum brand, has doubled down…
Submit campaign ads to fact checking, limit microtargeting, cap spending, observe silence periods or at least warn users. These are the solutions Facebook employees put forward in an open letter pleading with CEO Mark Zuckerberg and company leadership to address misinformation in political ads. The letter, obtained by The New York Times’ Mike Isaac, insists…
The $15 minimum wage has forced some business owners in New York City to cut staff and raise their prices. Susannah Koteen, the owner of Lido Restaurant in Harlem, said the minimum wage has directly impacted her business, and she worries that it could get worse as time goes by. “What it really forces you…
