Hey all, Jason here. Happy Easter / Santa Semana / Passover, to those who celebrate. I’m bummed to have missed…
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Bay Area biotech company, once worth $1.2B, lays off 90% of staff
Cargo Therapeutics, a once-high-flying Bay Area biotech company that specializes in oncology research, is laying off almost its entire staff…
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SF biotech company, once worth nearly $1 billion, to shut down
After San Francisco biotech company Third Harmonic Bio slashed its staff by half in February, it’s now taking a more…
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Bay Area biotech company worth $10 billion lays off 130 workers
Exelixis, a high-flying biotech company that creates anti-cancer drugs in Alameda, is laying off 130 workers. The company’s cuts were…
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Chegg, once worth $12B, is laying off hundreds for third time in year
In the throes of the coronavirus pandemic, Santa Clara-based Chegg saw its revenue soar and its stock market value skyrocket.…
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SF property-tech company, once worth $1.9B, suddenly goes belly-up
Back in 2019, Sonder was flying high. The short-term rental company had a whopping $1.1 billion valuation and a plan…
Read MoreEurope’s audiovisual market is worth €142bn – report
The European audiovisual sector generated around €142bn in revenues in 2024, according to research published this week in the European…
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Bay Area video game giant worth $37B cuts staff for 3rd year in row
Electronic Arts, the Redwood City video game publisher known for franchise hits like The Sims, Madden and FIFA, is laying…
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Startups: Diaspora.Black advances in Europe and prepares Series A worth around US$3M – News Room USA
A a platform for connecting travelers and Afro-centric experiences, is officially entering the European market from a base in Lisbon,…
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Bay Area biotech company once worth $2B lays off half of its workers
Alector, a once-high-flying Bay Area biotech company that researches treatments for degenerative brain disorders like Parkinson’s and Alzheimer’s diseases, is…
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