Spotify Island on Roblox launches a new virtual destination for hip-hop listeners

It’s been four months since Spotify’s debuted its virtual Spotify Island on Roblox, which made it the first music streaming service to have an official presence within the gaming platform. Today, Spotify launched a new space-themed digital destination on Roblox called Planet Hip-Hop, which will soon feature up-and-coming female rapper Doechii. Spotify Island’s new Planet … Read more

IT services group Wipro fires 300 employees moonlighting for competitors

IT services giant Wipro has fired 300 employees in recent months who were found to be moonlighting for competitors, a top executive said Wednesday, weighing in on a practice that has gained momentum across the globe as firms incorporate work-from-home norms. Rishad Premji, the chairman of Wipro, which employs over 250,000 employees in over five … Read more

Knoetic lands $36M to unify diverse sources of HR data

In the last decade, so-called chief people officers (CPO) have seen a dramatic expansion of their day-to-day responsibilities. The role has evolved from an administrative HR function to a more strategic position, particularly as the pandemic has shined a spotlight on the importance of retention, upskilling and recruiting during a crisis. But despite the increased … Read more

TikTok takes aim at political grifting and fundraising in latest policy tweaks

TikTok has announced an incoming tightening of its policies around political accounts using its video-sharing platform, such as those belonging to political parties, politicians and governments. The changes look intended to limit, er, political grifting (for want of a better term) — with an incoming ban on use of monetization features (like tipping, gifting and … Read more

Noble emerges from stealth to help companies extend lines of credit to their customers

Credit lines are a lucrative product. U.S. consumers alone pay $120 billion in credit card interest and fees every year, according to the Consumer Financial Protection Bureau. Given the revenue opportunity, it’s no surprise that there’s enduring interest from both startups and established companies in delivering credit-based products. But challenges stand in the way, including … Read more

Malwarebytes lands a $100M cash injection weeks after laying off 125 employees

Cybersecurity giant Malwarebytes has announced it has received a $100 million cash injection from Vector Capital, a private equity firm that invests in established technology businesses. Vector Capital might not be a household name, but the company has previously invested in companies like Corel, LANDesk, RealNetworks, WatchGuard and WinZip. The firm says it usually invests … Read more

Designers worry Adobe won’t let Figma flourish

Figma’s new ownership sparks an outcry within the digital design community. | Illustration by Kristen Radtke / The Verge The world of creative technology was rocked last week by news that industry giant Adobe had acquired Figma, makers of a hugely popular suite of UI and UX design tools, for a whopping $20 billion. The … Read more