Wednesday, August 14, 2024NY Times: The Unraveling of a Crypto DreamThe New York Times has a lengthy article on the current trials and tribulations of cryptocurrency entrepreneur Brock Pierce, who got his start as part of the Los Angeles startup community. In The Unraveling of a Crypto Dream, the New York Times says that Pierce is now "mired in legal disputes and fighting with his business partners" in Puerto Rico, where he moved--for tax reasons--after gaining a fortune from his cryptocurrency efforts.
posted on Wednesday, August 14, 2024(Full story)
Sonos Chops 100Santa Barbara-based Sonos appears to be continuing to have issues, and has laid off around 100 of its employees, according to the company. The layoffs come as Sonos has been struggling with a mobile app design it rolled out last year. It's unclear how many employees in Santa Barbara are affected by the cuts. Sonos develops "whole home" music streaming hardware.
posted on Wednesday, August 14, 2024(Full story)