• Despite commitment to anti-racism, Uber's Black employee base has decreased

    4 days ago - By Tech Crunch

    Uber today released its latest diversity report, showing a decline in the overall representation of Black employees in the U.S. despite an increased focus on racial justice this year in the wake of the police killing of George Floyd. In 2019, Uber was 9.3% Black while this year, only 7.5% of its employees are Black.
    Uber attributes the decline in Black employees to its layoffs earlier this year , where about 40% of its employees in community operations were laid off, Uber Chief Diversity Officer Bo Young Lee told TechCrunch.
    “As a company that has so publicly stated its stance on...
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  • Wall Street slips amid worries about worsening pandemic

    Wall Street slips amid worries about worsening pandemic

    4 days ago - By Stl Today

    NEW YORK - U.S. stocks are pulling a bit lower in Friday morning trading as worries about the worsening pandemic weigh on rising optimism about a coming coronavirus vaccine.
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  • Why is GoCardless COO Carlos Gonzalez-Cadenas pivoting to become a full-time VC?

    Why is GoCardless COO Carlos Gonzalez-Cadenas pivoting to become a full-time VC?

    4 days ago - By Tech Crunch

    Index Ventures, a London- and San Francisco-headquartered venture capital firm that primarily invests in Europe and the U.S., recently announced its latest partner. Carlos Gonzalez-Cadenas, currently COO of London-based fintech GoCardless and previously the chief product officer of Skyscanner, will join Index in January.
    Gonzalez-Cadenas is a seasoned entrepreneur and operator, but has also become a prolific angel investor in the U.K. and Europe over the last three years, making more than 50 angel investments in total. Well-regarded by founders and co-investors, his transition to a...
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  • Wall Street stalls as worries rise about worsening pandemic

    Wall Street stalls as worries rise about worsening pandemic

    4 days ago - By Stl Today

    NEW YORK - U.S. stocks are falling in early Friday trading with worries about the worsening pandemic, even amid optimism about a coming coronavirus vaccine.
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  • The Latest: U.S. official expects quick vaccine distribution

    The Latest: U.S. official expects quick vaccine distribution

    4 days ago - By Stl Today

    WASHINGTON - Gen. Gustave Perna of the Trump administration's Operation Warp Speed vaccine program says about 40 million doses could be ready for distribution in the U.S. quickly if the Food and Drug Administration authorizes emergency use.
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