Fiverr Acquires Online Freelancing Platform, AND CO
Global freelancing platform Fiverr announced today that it is expanding its network. The company is acquiring online freelancing platform start-up AND CO.
Brent Messenger, Global Head of Community at Fiverr, explains how the acquisition will help Fiverr's global "community of doers." Messenger says the two companies will operate separately for the time being.
Messenger also addresses critics of some of Fiverr's subway ads, which some people claimed promoted unhealthy lifestyles. Messenger says that the goal of the ad campaign was to highlight the variety of types of people who make successful entrepreneurs and freelancers.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
