Uber's Latest Expansion: Weekly News
Looking to keep on top of the latest headlines in small business, innovation and tech? Check out our Weekly News recaps posted every Friday AM -- a quick summary designed to keep you current.
Square filed for its long-expected IPO on Wednesday, requiring CEO Jack Dorsey to oversee transition at the mobile payments startup while he handling changes at Twitter, where he is also CEO. Meanwhile, the social network announced it will layoff about 8% of its global workforce, mostly in its product and engineering departments. Dorsey says this is in an effort to streamline operations.
Uber wants to become more than a ridesharing company. It launched its on-demand delivery service UberRush this week in San Francisco, Chicago and New York City. The transport company's new move could help small business most, writes our Cat Clifford.
And Kickstarter recently shut down a campaign for a bladeless razor company -- despite the fact it raised millions in just one month. Managing editor Lauren Covello writes which rules the company violated and what the startup did next.