Good evening!
EOW and (almost) EOM has got me singing “August slipped away into a moment in time
cause it was never mine” on repeat.
Here are the 7 things you missed today:
1. ✊ California Clears Path for Uber & Lyft Driver Unions
California passed a bill giving ride-hailing drivers the right to form unions and collectively bargain, a major shift in gig worker protections. This could reshape the business model for Uber, Lyft, and other app-based services as labor organizing gains traction. Next on the agenda? Insurance reform and wage negotiations. (TechCrunch)
2. ✂️ The Solution to Cutting Salary Costs While Keeping Top Talent
Offshore hiring can feel like a maze: legal hurdles, salary benchmarks, candidate testing. If you don’t know what you’re doing, it can be an incredibly frustrating process.
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3. 🚗 Tesla Fights $243M Autopilot Verdict
Tesla is challenging a $243 million jury ruling in a fatal crash case involving Autopilot, arguing driver misuse was to blame, not the tech. The appeal is being closely watched as a precedent for liability in autonomous driving. Tesla says the verdict was based on "speculative" evidence and ignored driver responsibility. (CNBC)
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5. 🛡️ WhatsApp Patches Spyware Exploit on Apple Devices
WhatsApp fixed a dangerous zero-click exploit used to install spyware on iPhones and Macs without any user interaction. Security researchers say the flaw was being exploited in the wild by surveillance firms targeting high-profile users. Meta urges iOS users to update immediately to avoid risk. (TechCrunch)
6. 💸 Diaspora Neobank Raises $3M to Serve Egyptians Abroad
YC-backed startup Munify, founded by a Microsoft and Uber alum, raised $3 million to build banking tools for the Egyptian diaspora. The neobank aims to bridge cross-border finance gaps with localized solutions tailored for migrant communities. Its early traction reflects rising demand for diaspora-friendly fintech. (Yahoo Finance)
7. 📉 Tech Layoffs Tracker: August Cuts Added
TechCrunch updated its Tech Layoffs Tracker to include the latest workforce reductions in August 2025 across startups and Big Tech. The running list provides real-time insight into sector health, headcount shifts, and market corrections. It’s a go-to resource for executives tracking hiring freezes, pivots, and funding pressures. (TechCrunch)
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