😔 Stripe sheds headcount: Fintech giant Stripe let go off 300 employees, mainly from the company's product, engineering, and operations teams. Stripe still plans to hire in 2025 and grow its headcount by 17%. Read more
🥺 A desperate plea: Meta is trying its hardest to capitalize on the uncertainty around TikTok's fate. Today the company announced that qualified TikTok creators could earn "up to" $5,000 in bonuses for posting Reels on Facebook and Instagram. Yipee! Read more
🌬️ A change in the air: One of Trump's first actions as president was issuing an executive order that halts federal leases for offshore wind development in the outer continental shelf. While this doesn't stop existing offshore wind farms, all existing projects will be reviewed. Read more
🤑 The U.K. joins the 21st century: The U.K. government is embracing AI. Today it announced that it will be creating a digital wallet to manage government-issued credentials alongside an AI chatbot thanks to a partnership with OpenAI. Read more
🚙 At odds: Trump is also taking aim at the electric vehicle industry through an executive order that could halt the flow of money for EV charging infrastructure. This would hurt Tesla and is the latest example of Elon Musk's politics going against his business interests. Read more
