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Amid unprecedented growth on its platform, Acorns cuts roles and shuts down an office

Acorns, which helps millions of people invest their spare change in the stock market, has laid off between 50 to 70 people, TechCrunch has learned from multiple sources.The Irvine, Calif.-based company would not confirm the total number of people laid off, but did confirm that there were cuts at the company as a result of broader business changes.The news emerged days after the fintech company closed its Portland office earlier this week, one of four offices the company maintained. While Acorns offered Portland employees an opportunity to relocate to its Irvine headquarters, some roles were terminated as part of the relocation, the company said. Employees laid off largely were members of Acorns’ support team. And the internal cuts are related to an external partnership with TaskUs, which out-sources customer care and support needs for other businesses. Acorns will bring on roughly 80 new TaskUs support roles in the next year, which the company said would grow its support team, just not…

Synology makes VPN Plus free, rolls out prizes for World Backup Day

Synology is providing free perpetual licenses to its VPN Plus service until September 30.

What you need to know

  • Synology is making VPN Plus licenses free until September 30 to facilitate small businesses working from home.
  • VPN Plus lets Synology routers create a VPN server that can be used on phones and other devices.
  • The company is celebrating World Backup Day by giving away $7,000 worth of NAS enclosures and storage devices.

Synology is offering free perpetual licenses to its VPN Plus service to make it easier for small businesses to work from home. VPN Plus is a service that runs on Synology's routers — the RT1900ac, RT2600ac, and MR2200ac — and lets users set up a custom VPN server.

VPN Plus works with a host of VPN protocols, including OpenVPN, L2TP/IPSec, WebVPN, SSL, SSTP, and PPTP. Synology is giving away free licenses starting April 6 until September 30, and all licenses redeemed during this time will be perpetual and won't incur any additional costs after the promotion runs out.

Each router comes with one free client access license, and the RT1900ac and MR2200ac can facilitate 10 users at a time, with that number going up to 20 for the RT2600ac.

March 31 is World Backup Day, and Synology is giving away $7,000 worth of prizes. All you need to do is go to Synology's website, participate in the quiz or share your backup story. Synology is giving away DS218+ NAS enclosures along with 1TB WD hard drives and 1TB of cloud storage in Synology C2 to five winners taking part in the quizzes and surveys on its site.

For those sharing their backup story, Synology has three DS918+ NAS enclosures furnished with a 960GB IronWolf 510 SSD, 16TB IronWolf Pro hard drive, and free 1TB of storage on Synology C2. The contest isn't live just yet, but the page contains stories from 2019 entries if you're looking for ideas.

Participate in Synology's World Backup Day giveaway

The new leader

Synology RT2600ac

$200 at Amazon

The best router money can buy today

The RT2600ac delivers rock-solid Wi-Fi connectivity to all corners of your house. But its standout feature is the web-based OS that makes it much more extensible than your average router. From running a media server to your own VPN client, the RT2600ac has a host of features that make it an excellent option.



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