In an email sent out to the Lyft employees, it was disclosed that a "significant" number of them would face job cuts. The measure has been taken to align fares with those of Uber and to reduce costs.
Sources within the company have reported that Meta intends to terminate approximately 4,000 employees from its various entities this week, with a particular focus on those working in technical departments.
Caristo Diagnostics Limited, a prominent figure in diagnosing and predicting risks for cardiac and vascular diseases, revealed that it has raised an additional £13 million (US$16.3 million) to finalize its Series A funding round.
Zeus Scooters, a mobility company based in Carlow, has acquired Zipp Mobility, a provider of shared e-scooter and e-bike services in Ireland. No financial details of the acquisition have been disclosed.
ChargeLab announced the addition of $15 million in new financing to their Series A, doubling funds previously raised and bringing the round’s total to $30 million. This expansion includes $10 million in new equity financing at an increased valuation and $5 million in venture debt. The company’s first Series A
