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Chicago-based Groupon today laid off more than 500 of its employees — 15% of its 3,416-person headcount — according to posts from former employees on social media. The reduction impacted workers in teams including merchant development, sales, recruiting, engineering, product and marketing. Groupon confirmed the layoffs to TechCrunch after the publication of the story. “Our […]
HBO Max attempts to fix its notoriously buggy app with oft-requested features 
For many marketplaces, those search, recommendation and ad functions are typically siloed, but Promoted has them all under one umbrella.
Unlike soft drinks, startups are not a volume business, which means they must revisit their pricing models regularly.
Update: The companies have confirmed the news here. ironSource is being valued at $4.4 billion in the all-stock deal. Part of the transaction will also involve Silver Lake and Sequoia, the two largest Unity shareholders, investing $1 billion in Unity in the form of convertible notes after the transaction closes. The companies expect the detail […]