Newslit Daily
Newslit Daily
🥵 The world is missing its lofty climate targets
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🥵 The world is missing its lofty climate targets

Plus: Stripe Cutting Headcount by 14% as It Readies for 'Leaner Times', Elon Musk's first Hyperloop tunnel in California is gone, and more…

Today’s pick

The world is missing its lofty climate targets. Time for some realism. To accept that the world's average temperature might rise by more than 1.5°C, declared the foreign minister of the Marshall Islands in 2015, would be to sign the “death warrant” of small, low-lying countries such as his. To… (The Economist)


Stripe Cutting Headcount by 14% as It Readies for 'Leaner Times'. Stripe Inc., one of the world's most valuable startups, will cut more than 1,000 jobs as it seeks to rein in costs ahead of any economic downturn. The payments company will cut its workforce by 14% this week, returning headcount to the almost 7,000… (Jennifer Surane / Bloomberg)


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Elon Musk's first Hyperloop tunnel in California is gone. Elon Musk's first prototype Hyperloop tunnel is no more. Bloomberg reports that the roughly one-mile-long white steel tunnel running along Jack Northrop Avenue near SpaceX headquarters in Hawthorne, California, has been removed and will be replaced… (Andrew J. Hawkins / The Verge)


Substack targets Twitter with launch of discussions feature, Substack Chat. Another company hoping to capitalize on Twitter's upheaval in the wake of Elon Musk's takeover is the newsletter platform Substack. The company has openly targeted Twitter's user base over the past few days and has now thrown its hat into the ring… (Sarah Perez / TechCrunch)


Twitter may have lost more than a million users since Elon Musk took over. “We have observed an uptick in people deactivating their accounts and also Twitter suspending accounts,” says Christopher Bouzy, Bot Sentinel's founder. Bouzy and Bot Sentinel arrived at their numbers by looking at the proportion of… (Chris Stokel-Walker / MIT Technology Review)


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