Discover the challenges faced by remote work startups in the post-pandemic era. TechCrunch+ report shows declining investments and shifting market focus.
. Shopify, a popular Canadian e-commerce company, recently announced plans to downsize its staff by 20%, accompanied by the sale of 6 River Systems, its warehouse automation firm, to Ocado Group. Despite the news, Shopify exceeded Wall Street's expectations, sending the stock price higher. CEO Tobias Lütke announced the changes to make commerce simpler, easier, and accessible to everyone with the dawn of AI. 6 River Systems has been deployed in hundreds of warehouses and Matthews, CEO of Ocado, eagerly welcomes it to the firm's tech estate.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?