[ad_1] Benchmark partner Mitch Lasky, who has served on Snap’s board of directors since December 2012, is not expected to stand for re-election to Snap’s board of directors and will thus be stepping down, according to a report by The Information. Early investors stepping down from the board of directors — or at least not seeking…
[ad_1] Lyft Inc. sat on the sidelines for years while Uber Technologies Inc. battled it out with Canadian regulators before the ride-hailing company expanded into the country. That strategy may have paid off. Lyft has signed up 10,000 active drivers in its first five months in Toronto, about a third of long-time rival Uber, which…
[ad_1] Why would Uber buy a team that builds Snapchat competitors? To make its driver app feel more human. Uber has acqui-hired Swipe Labs, the social product studio run by Marwan Roushdy. He and a selection of engineers from the dozen-person startup will join Uber to work on the driver experience within the driver earnings…
[ad_1] By Natalie Wong Silicon Valley startups are tapping into Toronto’s tech talent. Okta Inc., which JPMorgan Chase & Co. calls one of the fastest growing public software firms, opened a 60-seat office this month on trendy King Street West. Lured by a deepening pool of engineers in a city routinely ranked among the world’s…