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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…

LG's next high-end phone will have a 'Raindrop' camera, curved edges

LG's upcoming V-series flagship phones will likely use the same design language.

What you need to know

  • LG has revealed a new minimalistic design language for its upcoming smartphone.
  • Key highlights of the new design language include a "Raindrop" camera and front-back symmetrical curves.
  • The phone will also offer a more natural feeling in the hand, thanks to the new "3D Arc Design."

For the last few years, LG hasn't made any significant changes to the design of its flagship phones. Even though the number of cameras on the back has increased, the design language has remained mostly unchanged. The company's next phone, however, will feature a completely new design.

Cha Yong-duk, head of LG's Mobile Communications Design Lab, said in a statement:

Our upcoming smartphone will draw on the rich history of classic LG designs which have always been distinctive at first touch. This handset will be a first-look at the competitive edge we will be bringing to every LG smartphone going forward.

LG says its new design language is a "nod to the natural world" with a visual form factor that is quite different from the current industry trend. While a large number of high-end smartphones released this year have a large, squarish camera bump at the rear, the upcoming LG smartphone will have a "Raindrop" camera.

As can be seen clearly in the render above, the phone will have three cameras in the upper-left corner, arranged in descending order by size, evoking "images of falling raindrops." The LED flash will be positioned right below the triple-camera array. LG says the "Raindrop" camera design not only takes up less space on the back of the phone but also offers a cleaner look.

Along with the "Raindrop" camera, the new design language incorporates what LG is calling the "3D Arc Design." The edges of the display, as well as the rear panel, will be symmetrically curved, ensuring a "more natural" feeling in the hand compared to the company's previous devices.

While LG hasn't confirmed it yet, the device seen in the above renders could be the LG G8 successor. The upcoming "flagship" phone is rumored to be powered by a Qualcomm Snapdragon 765G chipset and could be launched on May 15.

LG G9: News, Leaks, Release Date, Specs, and Rumors!



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