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Indian digital payments company Pine Labs prices its IPO at $2 to $2.5/share, valuing it at $2.9B at the top end of the range, down from a $5B valuation in 2022 (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : Indian digital payments company Pine Labs prices its IPO at $2 to $2.5/share, valuing it at $2.9B at the top...

28 September 2023

Epic Games confirms it is laying off 16% of its workforce, or about 830 people, and intends to divest from Bandcamp and spin off "kid-tech" company SuperAwesome (Ash Parrish/The Verge)

Ash Parrish / The Verge:
Epic Games confirms it is laying off 16% of its workforce, or about 830 people, and intends to divest from Bandcamp and spin off “kid-tech” company SuperAwesome  —  Bloomberg reports that Fortnite developer Epic Games is expected to lay off 16 percent of its workforce.

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