Stripe hits a $159B valuation after an employee share sale to investors like Thrive, Coatue, and a16z, a 70% jump from its $92B valuation in February 2025
How food delivery is reshaping US mealtimes, as some users spend thousands; NRA data shows nearly 75% of 2024 restaurant orders were not eaten in a restaurant
Almost three of every four restaurant orders in the U.S. weren't eaten in a restaurant, according to recent data.
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June
Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce.
Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of the US' GDP growth in H1 2025
U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology …
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
The Trump administration excludes smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from reciprocal tariffs
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
Source: TSMC's US division president said during a webinar that production yields in Arizona are 4 percentage points higher than at similar facilities in Taiwan
Mackenzie Hawkins / Bloomberg :
Uber says drivers will remain contractors under AB5, as they aren't core to its business which serves as a platform for several types of digital marketplaces
The ride-hail company shrugs off a new bill in California, but legal challenges loom — Uber won't be reclassifying its drivers …
California passes landmark bill that requires gig economy workers to be treated as employees, going into effect Jan 1, affecting companies like Uber and Lyft
what's next? Mathew Katz / Digital Trends : Uber says drivers aren't an essential part of its business Danielle Abril / Fortune : Uber, Lyft, and Other Gig Economy Companies Push B...
California passes landmark bill that requires gig economy workers to be treated as employees, going into effect Jan 1, affecting companies like Uber and Lyft
SACRAMENTO — California legislators approved a landmark bill on Tuesday that requires companies like Uber and Lyft to treat contract workers …