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Upwork is buying its way into corporate staffing beyond freelancers | TechCrunch

Upwork is buying its way into corporate staffing beyond freelancers | TechCrunch

Upwork, a platform that connects companies with freelancers, announced two acquisitions to help build out a new stand-alone enterprise-focused business that could expand its market reach.

The San Francisco-based company announced it has acquired Bubty, a workforce management platform, and has signed a definitive agreement to acquire Ascen, a global compliance and EOR (employer of record) company, ahead of its second-quarter earnings call on August 6.

Upwork will integrate these two companies into its existing enterprise business to create a stand-alone entity under the Upwork umbrella.

The move is significant because it will allow Upwork to offer access to talent beyond the independent contractor workforce Upwork is known for — essentially enabling the company to compete in new areas of the corporate staffing market. The new entity will support contract types, including agent of record, employer of record, and staff augmentation.

Upwork president and CEO Hayden Brown told TechCrunch that the timing was right to launch this new enterprise-focused business because Upwork’s existing enterprise customers have been increasingly asking for access to these talent pools.

“Most of the providers that exist today force their customers to choose between flexibility and compliance, or speed and scale, or having a digital tool versus having something that’s actually robust and for the enterprise,” Brown said. “And with this new capability, we’re refusing to compromise. We’re giving our customers all of the benefits they’ve been looking for, and we’ve heard loud and clear that they want this singular solution.”

Brown said that Upwork’s existing enterprise business makes up about $100 million of the company’s overall $750 million in yearly revenue.

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Upwork decided to make the enterprise business a stand-alone entity because enterprises have very different needs regarding compliance and software integrations than the small and midsize businesses Upwork’s main business works with.

Keeping them separate allows for better external branding and better internal focus, Brown said.

Upwork vetted more than 100 potential companies to acquire to build out this business, Brown said. The company landed on Bubty and Ascen not only for what they bring separately but also for how they worked together — Upwork piloted the companies both individually and together.

“We saw through the power of those pilots how impactful their technology was and how easy it was to basically snap together what each of them offers, along with our existing offering to deliver something very new and innovative in the market,” Brown added.

Details on the branding and full offerings of the new stand-alone business are set to be unveiled later this year.

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#Upwork #buying #corporate #staffing #freelancers #TechCrunch

Federal prosecutors charged a Google employee with fraud after he allegedly made $1.2 million on Polymarket bets related to Search-related trends in 2025, as reported earlier by ABC News. In their now-unsealed complaint, prosecutors allege that Michele Spagnuolo “knew the outcome of these wagers before the trading public did because he had accessed Google’s confidential, commercially valuable internal data.” Spagnuolo was arrested in New York on Wednesday but released on a $2.25 million bond, ABC News reports. He is charged with commodities fraud, wire fraud, and money laundering.

Spagnuolo made bets on Polymarket under the username AlphaRacoon, with his successful search-related wagers catching the attention of outlets like Forbes and users on social media last December. In one instance, Spagnuolo correctly guessed that a singer named D4vd would “be the #1 searched person on Google” in 2025, despite the “near-zero probability” assigned by Polymarket, according to the complaint.

At the same time, Spagnuolo allegedly bet that Pope Leo XIV and Kendrick Lamar would not appear on Google’s “Year in Search 2025” lists, which are difficult to predict because of how they’re calculated. Google says it ranked last year’s terms based on which ones saw the “highest increase in traffic” — not the highest number of searches — between January 1st, 2025 and November 25th, 2025. “By measuring the spike in interest rather than the total number of searches, we can identify the trends that were unique to 2025.”

“Once he won, Spagnuolo then took deliberate steps to conceal his unlawful use of nonpublic information by attempting to obscure the source and ownership of his unlawful proceeds,” the complaint says. Last month, federal prosecutors charged US Army soldier Gannon Ken Van Dyke with fraud for allegedly making a $400,000 Polymarket bet on the capture of Venezuelan President Nicolás Maduro.

In a statement on X, Polymarket called itself “the enforcement leader,” saying its “market integrity infrastructure” flagged Spagnuolo’s activity. “Blockchain trading is transparent, traceable, and bad actors leave footprints,” the company writes, without noting whether the people putting their money down know that.

”We’re working with law enforcement on their investigation,” Google spokesperson Jaclyn Vazquez says in a statement to The Verge. “The employee accessed our marketing material using a tool available to all employees, but using such confidential information to place bets is a serious breach of our policies. We’ve placed the employee on leave and will take the appropriate action.”

#Google #employee #allegedly #information #win #million #PolymarketBusiness,Google,Policy,Tech">A Google employee allegedly used inside information to win .2 million on Polymarket Federal prosecutors charged a Google employee with fraud after he allegedly made .2 million on Polymarket bets related to Search-related trends in 2025, as reported earlier by ABC News. In their now-unsealed complaint, prosecutors allege that Michele Spagnuolo “knew the outcome of these wagers before the trading public did because he had accessed Google’s confidential, commercially valuable internal data.” Spagnuolo was arrested in New York on Wednesday but released on a .25 million bond, ABC News reports. He is charged with commodities fraud, wire fraud, and money laundering.Spagnuolo made bets on Polymarket under the username AlphaRacoon, with his successful search-related wagers catching the attention of outlets like Forbes and users on social media last December. In one instance, Spagnuolo correctly guessed that a singer named D4vd would “be the #1 searched person on Google” in 2025, despite the “near-zero probability” assigned by Polymarket, according to the complaint.At the same time, Spagnuolo allegedly bet that Pope Leo XIV and Kendrick Lamar would not appear on Google’s “Year in Search 2025” lists, which are difficult to predict because of how they’re calculated. Google says it ranked last year’s terms based on which ones saw the “highest increase in traffic” — not the highest number of searches — between January 1st, 2025 and November 25th, 2025. “By measuring the spike in interest rather than the total number of searches, we can identify the trends that were unique to 2025.”“Once he won, Spagnuolo then took deliberate steps to conceal his unlawful use of nonpublic information by attempting to obscure the source and ownership of his unlawful proceeds,” the complaint says. Last month, federal prosecutors charged US Army soldier Gannon Ken Van Dyke with fraud for allegedly making a 0,000 Polymarket bet on the capture of Venezuelan President Nicolás Maduro.In a statement on X, Polymarket called itself “the enforcement leader,” saying its “market integrity infrastructure” flagged Spagnuolo’s activity. “Blockchain trading is transparent, traceable, and bad actors leave footprints,” the company writes, without noting whether the people putting their money down know that.”We’re working with law enforcement on their investigation,” Google spokesperson Jaclyn Vazquez says in a statement to The Verge. “The employee accessed our marketing material using a tool available to all employees, but using such confidential information to place bets is a serious breach of our policies. We’ve placed the employee on leave and will take the appropriate action.”#Google #employee #allegedly #information #win #million #PolymarketBusiness,Google,Policy,Tech

reported earlier by ABC News. In their now-unsealed complaint, prosecutors allege that Michele Spagnuolo “knew the outcome of these wagers before the trading public did because he had accessed Google’s confidential, commercially valuable internal data.” Spagnuolo was arrested in New York on Wednesday but released on a $2.25 million bond, ABC News reports. He is charged with commodities fraud, wire fraud, and money laundering.

Spagnuolo made bets on Polymarket under the username AlphaRacoon, with his successful search-related wagers catching the attention of outlets like Forbes and users on social media last December. In one instance, Spagnuolo correctly guessed that a singer named D4vd would “be the #1 searched person on Google” in 2025, despite the “near-zero probability” assigned by Polymarket, according to the complaint.

At the same time, Spagnuolo allegedly bet that Pope Leo XIV and Kendrick Lamar would not appear on Google’s “Year in Search 2025” lists, which are difficult to predict because of how they’re calculated. Google says it ranked last year’s terms based on which ones saw the “highest increase in traffic” — not the highest number of searches — between January 1st, 2025 and November 25th, 2025. “By measuring the spike in interest rather than the total number of searches, we can identify the trends that were unique to 2025.”

“Once he won, Spagnuolo then took deliberate steps to conceal his unlawful use of nonpublic information by attempting to obscure the source and ownership of his unlawful proceeds,” the complaint says. Last month, federal prosecutors charged US Army soldier Gannon Ken Van Dyke with fraud for allegedly making a $400,000 Polymarket bet on the capture of Venezuelan President Nicolás Maduro.

In a statement on X, Polymarket called itself “the enforcement leader,” saying its “market integrity infrastructure” flagged Spagnuolo’s activity. “Blockchain trading is transparent, traceable, and bad actors leave footprints,” the company writes, without noting whether the people putting their money down know that.

”We’re working with law enforcement on their investigation,” Google spokesperson Jaclyn Vazquez says in a statement to The Verge. “The employee accessed our marketing material using a tool available to all employees, but using such confidential information to place bets is a serious breach of our policies. We’ve placed the employee on leave and will take the appropriate action.”

#Google #employee #allegedly #information #win #million #PolymarketBusiness,Google,Policy,Tech">A Google employee allegedly used inside information to win $1.2 million on Polymarket 

Federal prosecutors charged a Google employee with fraud after he allegedly made $1.2 million on Polymarket bets related to Search-related trends in 2025, as reported earlier by ABC News. In their now-unsealed complaint, prosecutors allege that Michele Spagnuolo “knew the outcome of these wagers before the trading public did because he had accessed Google’s confidential, commercially valuable internal data.” Spagnuolo was arrested in New York on Wednesday but released on a $2.25 million bond, ABC News reports. He is charged with commodities fraud, wire fraud, and money laundering.

Spagnuolo made bets on Polymarket under the username AlphaRacoon, with his successful search-related wagers catching the attention of outlets like Forbes and users on social media last December. In one instance, Spagnuolo correctly guessed that a singer named D4vd would “be the #1 searched person on Google” in 2025, despite the “near-zero probability” assigned by Polymarket, according to the complaint.

At the same time, Spagnuolo allegedly bet that Pope Leo XIV and Kendrick Lamar would not appear on Google’s “Year in Search 2025” lists, which are difficult to predict because of how they’re calculated. Google says it ranked last year’s terms based on which ones saw the “highest increase in traffic” — not the highest number of searches — between January 1st, 2025 and November 25th, 2025. “By measuring the spike in interest rather than the total number of searches, we can identify the trends that were unique to 2025.”

“Once he won, Spagnuolo then took deliberate steps to conceal his unlawful use of nonpublic information by attempting to obscure the source and ownership of his unlawful proceeds,” the complaint says. Last month, federal prosecutors charged US Army soldier Gannon Ken Van Dyke with fraud for allegedly making a $400,000 Polymarket bet on the capture of Venezuelan President Nicolás Maduro.

In a statement on X, Polymarket called itself “the enforcement leader,” saying its “market integrity infrastructure” flagged Spagnuolo’s activity. “Blockchain trading is transparent, traceable, and bad actors leave footprints,” the company writes, without noting whether the people putting their money down know that.

”We’re working with law enforcement on their investigation,” Google spokesperson Jaclyn Vazquez says in a statement to The Verge. “The employee accessed our marketing material using a tool available to all employees, but using such confidential information to place bets is a serious breach of our policies. We’ve placed the employee on leave and will take the appropriate action.”

#Google #employee #allegedly #information #win #million #PolymarketBusiness,Google,Policy,Tech
Rivian has finally revealed that the first customers of the company’s new R2 SUV will get their vehicles on June 9.

The automaker has spent the last few months ramping up its efforts to release the R2, which is more affordable and aimed at a larger market than its current R1 lineup. The new SUV will initially be available in a trim that starts just under $60,000, though Rivian has announced plans to release a “standard” version that starts at $48,490 in 2027.

The company has teased an even more affordable version “starting around $45,000” late next year — a price tag Rivian has promoted since the R2 reveal in 2024.

Rivian has high expectations for the R2. Founder and CEO RJ Scaringe has said it is “maybe the most important thing we’ve launched to date.” The company is betting on an extremely fast ramp-up, with as many as 25,000 vehicles delivered by the end of this year. Ultimately, Rivian hopes the R2 and its hatchback sibling, the R3, will help the company turn a profit for the first time since its founding in 2009.

#Rivian #deliver #SUVs #June #TechCrunchelectric vehicles,EVs,Rivian">Rivian will deliver the first R2 SUVs on June 9 | TechCrunch
Rivian has finally revealed that the first customers of the company’s new R2 SUV will get their vehicles on June 9.

The automaker has spent the last few months ramping up its efforts to release the R2, which is more affordable and aimed at a larger market than its current R1 lineup. The new SUV will initially be available in a trim that starts just under ,000, though Rivian has announced plans to release a “standard” version that starts at ,490 in 2027. 







The company has teased an even more affordable version “starting around ,000” late next year — a price tag Rivian has promoted since the R2 reveal in 2024.

Rivian has high expectations for the R2. Founder and CEO RJ Scaringe has said it is “maybe the most important thing we’ve launched to date.” The company is betting on an extremely fast ramp-up, with as many as 25,000 vehicles delivered by the end of this year. Ultimately, Rivian hopes the R2 and its hatchback sibling, the R3, will help the company turn a profit for the first time since its founding in 2009.


#Rivian #deliver #SUVs #June #TechCrunchelectric vehicles,EVs,Rivian

revealed that the first customers of the company’s new R2 SUV will get their vehicles on June 9.

The automaker has spent the last few months ramping up its efforts to release the R2, which is more affordable and aimed at a larger market than its current R1 lineup. The new SUV will initially be available in a trim that starts just under $60,000, though Rivian has announced plans to release a “standard” version that starts at $48,490 in 2027.

The company has teased an even more affordable version “starting around $45,000” late next year — a price tag Rivian has promoted since the R2 reveal in 2024.

Rivian has high expectations for the R2. Founder and CEO RJ Scaringe has said it is “maybe the most important thing we’ve launched to date.” The company is betting on an extremely fast ramp-up, with as many as 25,000 vehicles delivered by the end of this year. Ultimately, Rivian hopes the R2 and its hatchback sibling, the R3, will help the company turn a profit for the first time since its founding in 2009.

#Rivian #deliver #SUVs #June #TechCrunchelectric vehicles,EVs,Rivian">Rivian will deliver the first R2 SUVs on June 9 | TechCrunch

Rivian has finally revealed that the first customers of the company’s new R2 SUV will get their vehicles on June 9.

The automaker has spent the last few months ramping up its efforts to release the R2, which is more affordable and aimed at a larger market than its current R1 lineup. The new SUV will initially be available in a trim that starts just under $60,000, though Rivian has announced plans to release a “standard” version that starts at $48,490 in 2027.

The company has teased an even more affordable version “starting around $45,000” late next year — a price tag Rivian has promoted since the R2 reveal in 2024.

Rivian has high expectations for the R2. Founder and CEO RJ Scaringe has said it is “maybe the most important thing we’ve launched to date.” The company is betting on an extremely fast ramp-up, with as many as 25,000 vehicles delivered by the end of this year. Ultimately, Rivian hopes the R2 and its hatchback sibling, the R3, will help the company turn a profit for the first time since its founding in 2009.

#Rivian #deliver #SUVs #June #TechCrunchelectric vehicles,EVs,Rivian

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