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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community.

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Opendoor Trims Employees And Perks

PYMNTS

Opendoor , the startup that operates an online platform for buying and selling homes, “is reshuffling staff and scaling back on a time-honored startup perk: free lunch,” according to a report from Bloomberg. The report went on to say that “Opendoor, most recently valued at $3.8

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Then there is credit.

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Logistics Startup Darkstore Scores $1.4M Seed

PYMNTS

On the delivery end, Darkstore has partnered with a spread of startups and local and national courier and major shipping companies to then ship out same-day. Darkstore already operates in San Francisco, Phoenix and New York City. As of December, the startup has enabled shipments of $1.7

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Hertz And Avis Eye Uber Impact, With Rough Road Ahead

PYMNTS

Travel management outfit Certify reported news just last month, in trends seen across 10 million receipts — and just from the second quarter — that corporate travelers spent 2 percent less on rentals and on taxis than had been seen, with respective 29 percent and 8 percent market shares. But perhaps not all is lost.

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Education: By Popular Demand

Independent Banker

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. It is the only nationally recognized leadership event designed especially for middle- and upper-level community bank executives.

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Android of the Auto Industry? How Baidu May Race Ahead Of Google, Tesla, And Others In Autonomous Vehicles

CB Insights

The platform combines a number of tools — including data, APIs, and open source code — that developers can use for free to bring autonomous driving products to market. In many ways, Apollo resembles Google’s Android Open Source Project (AOSP), Google’s open software platform for a mobile operating system (OS) that launched in 2007.

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