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Key Takeaways Before Reed Hastings cofounded Netflix in 1997, he worked as a programmer at a 30-person startup called Coherent Thought. During his time working at Coherent Thought, Hastings drank a lot of coffee and accumulated a mountain of dirty cups at the end of the week. He discovered one morning at 4:30 a.m. that his boss, the company’s CEO Barry Plotkin, was actually the one washing his dirty cups. Billionaire Netflix cofounder Reed Hastings learned an important leadership lesson in his first job out of graduate school. He was working as a programmer in a 30-person startup called Coherent…
School is out for Rec Room: The social gaming platform announced on Monday it is shutting down this June, despite “reaching over 150 million players and creators along the way” since its founding in 2016.“Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business,” the company said in a statement. “Our costs always ended up overwhelming the revenue we brought in. “We spent a long time trying to find a way to make the numbers work.” “But with the recent shift in the VR market, along with broader headwinds in gaming, the path…
Is AI finally delivering value? Who cares – just start the cutting! Is this a good strategy? Jensen Huang, CEO of Nvidia, doesn’t think so. “If your CEO is using AI to cut headcount, it means one thing: They have no imagination,” he said in a recent interview with CNBC. “They have no vision for what comes next. They got handed the most powerful tool in human history and their first instinct was to fire people.”Unfortunately, this is the prevailing attitude of many companies, who are cutting headcount in anticipation of AI at a rate 30 times more than those…
Key Takeaways Gilbreath drew on her lifelong passion for healing to start two businesses. Her experiences as a CPG founder motivated her to become an angel investor for other brands. Here’s how taking the path less traveled set Gilbreath up for entrepreneurial success. This as-told-to story is based on a conversation with Genevieve Gilbreath, co-founder and general partner of Springdale Ventures, a CPG venture capital firm focusing on early-stage brands. Gilbreath co-founded the Austin, Texas-based fund with fellow operator-turned-investor Dan Graham in 2019. The piece has been edited for length and clarity. Image Credit: Springdale Ventures. Genevieve Gilbreath. I started…
Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many receiving an early-morning email announcing their job loss just hours before they were scheduled to go into the office. Here’s what you need to know.What’s happened?On early Tuesday morning, Oracle employees around the world began reporting on social media that they had received an email from the company informing them that their employment had been terminated. According to these reports, the emails began arriving in employees’ inboxes…
Emma Straub is a New York Times–bestselling novelist, a picture-book author, and the co-owner of the Brooklyn indie bookstore Books Are Magic, a childhood dream she actually went out and built in real life with her husband. Emma, in short, gets things done. Her latest novel, American Fantasy, follows a newly divorced 50-year-old who finds herself on a boy band fan cruise, where hilarity and profundity ensue. It landed on “most anticipated” novels lists from the likes of the Times, People and Time, and had me sucked in from page one. (True confession: In the late ’90s, I was a…
Take precautions to keep furry family members safe at Easter.gettyWhile Easter can bring fun festivities like egg hunts and candy-filled baskets, it can also unfortunately lead to an urgent hop to the emergency room for dogs and cats. The main culprits for cats are Easter lilies, according to Tina Wismer, veterinarian, board certified veterinary toxicologist and senior director of ASPCA Poison Control. In 2025, calls to the ASPCA Poison Control hotline (888-426-4435; $110 consulting fee) about cats eating lilies spiked 50% on Easter and the days surrounding the holiday.If a dog eats a lily, it typically leads to mild stomach…
A woman is facing backlash after allegedly calling ICE on construction workers who were finishing up a roofing job at her home in Cambridge, Maryland. In a video, recorded and livestreamed on Facebook by Bryan Polanco, a co-worker with permanent residency, from the roof of the property, federal agents can be seen waiting on the lawn for the workers. X account @LongTimeHistory, which posted a clip from the video, alleges the woman owed the workers $10,000. In the video, which now has millions of views, Polanco says: “We came to fix this lady’s house, and she’s the one who turned us…
The snow was lackluster. The end-of-season sales are not.Gear up for next season without breaking the bank by using our Deals Finder to snag the best end-of-season savings. (Photo: Ray Gadd, Canva)Published March 31, 2026 08:28AMIf we had to sum up this year’s ski season in a single word, “grim” comes to mind. Across the Rockies and beyond, many of our favorite mountains were haunted by unseasonably warm spikes and stubborn weather patterns that shut out snow for weeks on end. Instead of the waist-deep powder that justifies burning a sick day, we were left navigating heavy, sun-baked slush and…
Samsung Galaxy Watch blood pressure screenSamsungSamsung has finally unlocked the Galaxy Watch blood pressure monitoring feature for owners in the U.S.. You may still have a slight wait for this one, as this is a “staged” roll-out that began on March 31. But it is coming. Blood pressure monitoring will be available for Samsung Galaxy Watch series wearables, from the Galaxy Watch 4 series and newer. This is not a brand new feature in general, just new to those in the U.S., where a lack of FDA clearance has stalled its release up until now. Samsung first announced blood pressure…