OPERATIONS

Uber has officially closed a $1.25 billion primary investment deal with a group of investors led by the Tokyo-based SoftBank. (Read: Uber’s Big SoftBank Deal Has Officially Closed) The deal between Uber and the consortium came together late last month, with the group valuing Uber at $48 billion. The consortium’s …

It was a sad Thursday for at least two dozen employees of Snapchat parent company Snap Inc. Snap has laid off 24 employees, mostly from eight content teams, according to sources at the six-year-old company who talked to Cheddar. A Snap spokesperson confirmed the layoffs but did not comment any …

Apple has announced that it will be pouring $350 million in the U.S. economy in the next five years. In a press release, the company said the new set of investments is meant “to build on its commitment to support the American economy and its workforce.” 3 Areas of Investments …

Amazon Music Unlimited will be launched in Australia and New Zealand on February 1, the online retail giant announced on Thursday. February 1 happens to be shipping date of the Echo, Echo Dot, or Echo Plus that are activated by Amazon’s digital voice assistant Alexa to the two countries and …

There is no stopping Instagram from tweaking its features. The photo and video-sharing platform owned by Facebook is testing a text-only clip feature called “Type” for Stories as an alternative to sharing photos and videos. (Read: How to Use Instagram Stories Like a Pro) The feature was first spotted by …

Brit & Co has conducted a reorganization this month as “part of an effort to make operations more efficient.” But the women’s lifestyle and digital media company did not comment on the number of employees laid off when TechCrunch asked about it. (Read: The Rise of the Feminist-Adjacent Startup) TechCrunch …

Following a report that the platform is being used for shady referrals by rehab clinic broker, Google has temporarily disallowed advertisements from addiction treatment clinics. The global ban came after the Sunday Times reported last week that their undercover investigation showed that the Internet search giant had been allegedly profiting …

There are those of us who’d multi-task to get as much work done as possible in a day. While most work organizations favor multi-tasking, studies have shown that it can actually reduce productivity by as much as 40 percent. (Read: Want to Be More Productive? Stop Multi-Tasking) Forbes contributor Lisa …

Attention parents, if your kid is using Google Chrome to go on the Internet, be sure to supervise him as your child browses the Web. Google has announced that the parental control features on Chrome would be “deprecated” effective today, January 12, and would be replaced with new software later …

Everybody wants to save on power and keep his or her power bill to an affordable level. The most basic rule to achieve that is to unplug appliances that are not in use. (Read: Tips for Lowering Your Electric Bill) But there is also a way for you to save …