Justworks CEO on Expanding Its All-In-One Business Solution
Justworks recently closed a $40 million round of funding, and the human resources software platform is looking to expand its technology offering. The company's Founder and CEO Isaac Oates explains how Justworks plans to use this new funding for expansion.
"We are starting to think about new kinds of products that our customers are asking for," says Oates. "They talk about things like expense reports, different kinds of insurance."
Oates says he sees the biggest market opportunity in new cities Justworks is available in that include Dallas, Washington, D.C. and Los Angeles.
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.
