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Fisker starts new round of layoffs to ‘preserve cash’

​[[{“value”:” EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email viewed by TechCrunch. Founder and CEO Henrik Fisker told employees Monday morning in the email that the company is “continuing to evaluate […] © 2024 TechCrunch….

Meta confirms launch of a bonus program for creators on Threads

​[[{“value”:” Meta’s Threads social network passed the 150 million monthly users mark recently, but the company is not slowing down its growth engine. To increase engagement, the social media giant is running a limited-time bonus program for Threads. Over the last few days, many accounts have posted about this program. The company confirmed to TechCrunch about […] © 2024 TechCrunch….

Twitter co-founder Biz Stone joins board of Mastodon’s new US nonprofit

​[[{“value”:” Biz Stone, a Twitter co-founder, is among those who have joined the board of directors of Mastodon’s new U.S. nonprofit, Mastodon CEO Eugen Rochko announced over the weekend. Mastodon’s service, an open source, decentralized social network and rival to Elon Musk’s X, has gained increased attention following the Twitter acquisition as users sought alternatives to […] © 2024 TechCrunch….