Streaming platform Roku (NASDAQ: ROKU) and retail giant Walmart (NYSE: WMT) recently announced a partnership to bring interactive ads to Roku users. Wall Street isn't giving Roku much fanfare; the stock has fallen 13% over the past month. It will target you with ads for products you're likely to want, based on the first-party data Roku collects from you. Read More...
TechCrunch
The end of a second straight month of layoffs in tech
June brought another wave of layoffs in tech, with cuts impacting roughly the same number of employees as May: 16,000 employees, according to tracker layoffs.fyi. Another layoff aggregator from TrueUp paints a more dire picture, counting 26,000 impacted employees this month, up from about 20,000 last month. The end of a second straight month of nearly daily layoffs shows how every startup sector, from mobility to fintech, is impacted by the downturn. When Niantic released Pokémon Go in 2016, the company put itself firmly on the map as an AR and mobile gaming company to watch out for.
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