Joanna Strober, founder and CEO of Midi Health, knew there was a business opportunity in women’s health, but it took grit and patience to help investors see it too. What started as a mission to provide digital care for menopausal…

Allbirds pivots from sneakers to AI infrastructure, rebrands as NewBird AI

Allbirds on Wednesday announced that the company will pivot from making sneakers to providing computing infrastructure for artificial intelligence (AI). The San Francisco-based company said it will execute a $50 million convertible financing agreement with an institutional investor to begin acquiring graphics processing units (GPUs), which can be used to…

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The AI layoff playbook is here

Different company, similar strategy. Loading audio narration… Recent layoff announcements from tech firms Atlassian, Block, and now Snap signal that the tech industry is converging on an approach to shaking up business: Move early, cut deeply, and proceed with fewer…

Make America Sober Again

Donald Trump is giving Americans a fair amount of reasons to drink these days — threatening to obliterate Iran, or flirting with a takeover of Greenland. But the president is, perhaps counterintuitively, also part of why people are laying off…

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