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When I launched TaskRabbit in 2008, I thought entrepreneurship was about persistence. The narrative in Silicon Valley was simple. If you believe in an idea strongly enough and push hard enough, success eventually follows. Years later, after building TaskRabbit into one of the companies that helped define the early gig economy, I started hosting a podcast called “Breaking Precedent.” I wanted to talk with founders, investors, and innovators who had changed the rules in their industries. What I expected to hear were stories about grit and determination. What I actually heard were stories about something else entirely. Again and again, the most pivotal moments in the…

In 2008, we published the first listing on a bare-bones website called RunMyErrand.com: a single task, posted by someone who needed help, to be completed by an individual who had opted into making their time and abilities available. At the time, it was an untested idea, launched in the midst of the worst financial downturn in a generation, and there was no established language for what we were building. The term “gig economy” did not yet exist, and there was no widely accepted model for how a person in need might hire a stranger through a digital marketplace to complete a unit of work. This was before Uber, Instacart, and Postmates, and before on-demand labor became a…

Today, Wednesday, April 15, 2026, is Tax Day. During trying economic times, the tax deadline can feel like a punishment. It’s difficult to watch money being taken out of hard-earned paychecks when household budgets run on thin margins. To take the sting out of Tax Day, many businesses have special deals to soften the blow. Freebies and deals for Tax Day 2026 Many restaurants are ready to make your stomach happy should you need consoling on Tax Day. If you need the food to come to you, 7-Eleven has you covered. Use the 7NOW Delivery app to get $10.40 off of orders of $25 or more. Just remember to enter the promo code WRITEOFF on April 15. Another d…

Being advised to max out your 401(k) is Personal Finance 101. But is that universally solid guidance? Tax-sheltered retirement plans offer the convenience of automatic investments and tax breaks—pretax contributions and tax-deferred compounding for traditional 401(k)s and tax-free compounding and withdrawals for Roth contributions. But the availability and quality of the 401(k) are also important considerations. Some workers don’t have access to an employer-provided retirement plan, and 401(k) quality can be uneven. High administrative costs, meager employer matching contributions, and costly investment lineups can detract from 401(k)s’ tax-saving features. …

It’s the life of a saleswoman. Taylor Swift’s 12th studio album, “The Life of a Showgirl,” sold 2.7 million copies in traditional album sales — which include physical and digital formats — in its first day in the U.S. That’s according to Luminate, an industry data and analytics company. The album was released Friday. The sales are impressive for a number of reasons. Swift has broken her record for most first-week sales… in one day. Her last album, 2024’s “The Tortured Poets Department,” amassed 2.61 million equivalent album units in the U.S. in its first week. “The Life of a Showgirl” has also become the second-largest sales week for any album in the modern er…

Taylor Swift is an economic force all on her own. The superstar’s relationship with Kansas City Chiefs tight end Travis Kelce brought not only eyeballs to his games but a monetary boost to the city overall. Thanks to her Eras tour, Swifties spent an estimated $5 billion across the country. And most recently, she spurred fans to give more than $2 million in donations to the Monterey Bay Aquarium’s sea otter program—just by wearing an old t-shirt. Earlier this month, Swift launched her “The Official Release Party of a Showgirl” movie, an 89-minute film tied to the release of her latest album. It was only shown in theaters for three days. Eagle-eyed fans notice…

With foot traffic down and Target’s stock still slumping, Taylor Swift’s new album release might be the shot in the arm the retailer needs. Target may be in the crosshairs of the culture wars, but the brand’s relationship with Taylor Swift still stands in 2025. The release of “The Life of a Showgirl” again brings a suite of special editions to Target as exclusives, luring Swifties to spread their cash around to pick up their favorite variants. But between the retailer’s faltering reputation and a smorgasbord of album options, will Swifties take their business elsewhere? Target’s very bad 2025 In January, Target announced that it would abandon longstanding init…

TD Bank is planning to close at least 37 branches across 10 states and Washington, D.C., as part of a broader effort to streamline operations and adapt to changing customer banking habits. The decision comes amid ongoing recovery efforts for the company, which is still grappling with the fallout from a $3 billion payout after pleading guilty to money laundering and failing to prevent illegal transactions. In October 2024, the Department of Justice (DOJ) revealed that over a six-year period, TD Bank had neglected to monitor more than $18 trillion in payments, enabling the laundering of over $600 million. As part of the settlement, the bank was required to pay hefty…

TD Bank is getting ready to implement a number of branch closures across more than a dozen states on the East Coast. Those closures come at a time when the bank is increasingly shifting its focus to online banking. Here’s what you need to know about TD Bank’s branch closures, including a list of closing locations. Why is TD Bank closing some of its branches? TD Bank is closing some of its branches as part of a broader plan to reduce or relocate 10% of its retail footprint. “At Investor Day last month, TD shared plans to deliver a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and …

Jake Knapp is a designer, investor, and general partner at Character Capital. He has spent the last 25 years helping companies create products that people genuinely love. He helped build Gmail, co-founded Google Meet, and has worked with hundreds of startups, including Blue Bottle Coffee, One Medical, and Slack. What’s the big idea? The foundation of success is shockingly simple, and yet most teams get bogged down for months trying to strategize a new idea. Making your next big project a hit relies on creating a powerful Founding Hypothesis from the get-go. When done right, this method ensures that everyone’s voice gets heard, there is enough clarity to accelerate …

The past week has been a brutal one for many working in the tech and financial industries. Thousands of jobs have been lost—or will be lost soon—from companies including Block, Morgan Stanley, Capital One, eBay, and, as reported today, software giant Oracle. Here’s what you need to know about the layoffs. Oracle to cut ‘thousands’ of jobs The most recent news of layoffs came yesterday, after Bloomberg reported that the database software giant Oracle Corporation (NYSE: ORCL) is planning to cut “thousands” of jobs as soon as this month. And yes, artificial intelligence is to blame—but not solely because AI is directly taking jobs. Instead, Oracle i…

Electric-truck maker Rivian is laying off another 600 people, or about 4% of its workforce as the global demand for electric vehicles decreases, the Wall Street Journal reported. This follows a previous round of layoffs in 2024. Rivian is one of a number of technology and media companies that have seen layoffs in October, including: Meta, Paycom, Charter, NBC News and the Wall Street Journal. Unfortunately, October 2025 is no outlier. From technology companies to media conglomerates, the layoffs are part of a trend in both the U.S. and Europe as companies start to slash staff and downsize. Some are blaming artificial intelligence (AI), though critics say it’s …

A group backed by tech billionaires spent years and $800 million secretly buying up over 60,000 acres of land in Solano County, California, 60 miles northeast of San Francisco. The group—which calls itself California Forever and is funded by Marc Andreessen, LinkedIn cofounder Reid Hoffman, and Laurene Powell Jobs, among others—planned from the start to build a brand-new city for as many as 400,000 residents. But to do that they needed voter approval to change the county’s development rules. Just before heading to the ballot this past November, California Forever yanked its initiative despite spending over $9 million on its campaign. Now it seems California Forever ma…

Global leaders recently gathered at the World Economic Forum (WEF) in Davos, under the theme of “Collaboration for the Intelligent Age.” What exactly is the “Intelligent Age” and, more importantly, how can we ensure that everyone can participate in this new age? WEF defines the Intelligent Age as a transition away from the Industrial Age to a new phase of human civilization. It’s a clear and compelling definition. But what is much less clear is the conversation about the importance of equity and how to approach it. There are many ways leaders can consider equity as they build and adopt AI and other frontier technologies: clear global policies, reaching new markets, …

For decades now, tech companies have been promising us a future straight out of Star Trek. Instead of being confined to phones and computers, our digital lives would extend to a network of screens all around us, from connected TVs and smart fridges to kitchen countertop displays and car dashboards. The tech companies called this “ambient computing” or “ubiquitous computing” and extolled how it would get technology out of the way so we could focus on the real world. Here’s what we’ve got instead: Samsung’s smart refrigerators, which range from $1,899 to $3,499, have started showing advertisements on their screens. Amazon’s Echo Show smart displays now have …

In November, Apple laid off dozens of sales employees in a rather unexpected move for the tech giant. Apple is the rare tech company that has steered clear of mass layoffs, particularly among its peers in the trillion-dollar club. The layoffs “came as a surprise” for those who lost their jobs, according to a Bloomberg report—and they impacted some employees who had been with the company for decades. The post-pandemic job market has come to be defined by layoffs, in tech and beyond: A Glassdoor analysis finds that there was a peak in 2023, but layoffs have since continued at a more frequent cadence relative to the years prior. A variety of sectors have been hit hard—a…

A number of big-name tech companies have announced or are said to be planning layoffs this month, in continuation of a trend we saw in February. March 2025’s most prominent tech layoffs include those from Jack Dorsey’s fintech company Block, online meal kit company HelloFresh, server maker Hewlett Packard Enterprise (HPE), social media giant TikTok, and retailer Wayfair’s technology division. Here’s what you need to know. Jack Dorsey’s Block lays off over 900 workers Twitter founder Jack Dorsey’s latest company, Block, has announced that it will cut 931 jobs. Block owns the popular fintech app and platforms Cash App and Square. The 931 laid-off workers represent ab…

The closing days of February were not good ones for job security in the tech industry. Over the month’s final week, major industry players, including HP, Grubhub, and Autodesk announced plans to reduce their workforce, while another startup seems to be shutting down entirely. Here’s what you need to know about the latest round of tech layoffs. HP to cut up to 2,000 workers Without a doubt, the largest number of job cuts over the last week of February was announced by computer maker HP. In a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC), dated February 27, HP revealed it will eliminate between 1,000 and 2,000 of its workers. The layoffs …

The new year isn’t getting off to a great start when it comes to employment in the tech industry. Tech giant Salesforce is reportedly getting ready to cut 1,000 roles at the company. The expected job cuts are just the latest in a line of layoffs already initiated by well-known companies in the technology sector, including Amazon, Meta, and Microsoft. Here’s what you need to know. Salesforce to reportedly lay off over 1,000 employees Today, Bloomberg reported that Salesforce, the world’s top customer relationship management software company, will be cutting more than 1,000 positions at the company. The news came from an unnamed source and was not an official announc…