Tech Report: Linkedin job cuts, Starbuck accepts new ways of payment

New ways to buy from Starbucks

This Fall, you’ll be able to pay for Starbucks drinks on your app using — get this — a credit card, Apple Pay, Google Pay, or even cash. 

You’ll still be able to collect Stars for Rewards.

For years, customers had to load money onto a Starbucks card to buy food and drinks through the app.


Space Perspective takes off

You can book your seat for a trip to the stratosphere right now.

Space Perspective plans to start testing its passenger balloon designed to reach the edge of space as early as next year.

Eight passengers and a pilot would travel 100,000 feet to the stratosphere in a reusable pressurized capsule, suspended from a football field-sized balloon nicknamed Neptune.


Linkedin slashes jobs

Linkedin will cut about 960 jobs, or around 6% of its workforce.

The professional networking site grapples with falling demand for its recruitment services due to the COVID-19 pandemic.

Linkedin makes money from fees from job recruiters and hiring has been halted globally. 


Instagram tests fundraiser function

Instagram is launching a new capability called Personal Fundraisers. 

Beginning with a small test for Android users in the US, UK, and Ireland, and eventually coming to iOS. Instagram users can start a fundraiser that personally benefits them for a host of eligible reasons, including medical emergencies, hobbies, business support, and more.

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