Charter electrical worker strike enters its second year
In March 2017, electrical workers employed by Charter Communications went on strike as the result of a contract dispute following Charter’s purchase of Time Warner Cable in 2016. The strike is now in its second year, as workers continue to advocate for wage increases and health coverage. Most recently, New York City dismissed a court case in which Charter accused striking employees of intentionally causing electrical outages throughout the city. [Ars Technica]
Tech’s top April Fool’s Day lolz
If you didn’t realize that this past Sunday was April Fool’s Day, then consider yourself among the lucky, un-pranked few. The tech world, as we all know, never passes up an opportunity for a little well-placed humor and April first is certainly no exception. TechCrunch rounded up some of the best gags from the “holiday,” and you can check them out here.
NYC tech raised nearly $1 billion in March alone
The numbers don’t lie: the New York City tech scene raked in a staggering $955 million in funding this past March. Taking the top spots were Mighty, a litigation financing platform that raised $114 million, automation tool UiPath that raised $153 million, and health insurance disruptor Oscar Health, which raised $165 million. Woah. [Built In NYC]
Spotify (finally) goes public
It’s been months since the rumors began swirling that music streaming megalith Spotify would go public on the New York Stock Exchange. Unearthed SEC documents indicated the company would pursue a direct listing, and on Tuesday they debuted without a set share price. While analysts were expecting stakeholders to keep their newly-minted stocks close to their chests, Spotify ultimately closed its first day up 13 percent. [CNBC]
Uber shutting down same-day delivery service, UberRUSH
It’s been a good run, but come July 1, UberRUSH will be no more. The ride-sharing company launched the same-day delivery service in 2015, and unleashed a fleet of bike messengers upon Chicago, San Francisco and New York City. Alas, competitors like Amazon and Deliv proved too much for the Uber branch, who announced this week that it will cease UberRUSH come the end of June. Order your under-30-pound deliverables while you still can! [New York Business Journal]
