Month: November 2022

[ad_1] Meta has announced it will lay off 11,000 employees or around 13 percent of the company’s total staff. CEO Mark Zuckerberg announced the news in a blog post, saying he was at fault for being overoptimistic about the company’s future growth based on a pandemic surge. “At the start of Covid, the world rapidly […]

[ad_1] Equals, a New York-based startup ambitiously aiming to challenge Excel’s dominance with a supercharged spreadsheet, today announced that it raised $16 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Craft Ventures, Box Group, Worklife and Combine. Co-founded by Ben McRedmond and Bobby Pinero, two former Intercom employees,

[ad_1] Forza Horizon 5 players now have access to in-game ray tracing and DLSS or FSR upscaling support on PC. The latest series 14 “Donut Media” update arrived yesterday, and it now allows Forza Horizon 5 players to enable ray tracing in free roam areas and races at ultra or extreme settings. You’ll need a

[ad_1] Startups might be in a funding midwinter, but the ray of sun shining on some VCs speaks of a different trend. EQT Ventures, the venture fund arm of Sweden’s investment giant EQT making early-stage bets on startups primarily in Europe, has closed its latest fund and filled its coffers with 1 billion euros (and

[ad_1] Celonis has made a big impact since it launched in 2011, raising $2.4 billion along the way. Its most recent investment, a $1 billion raise in August, was on a $13.2 billion post-money valuation, the kind of money you haven’t been seeing in 2022. The company has primarily made its reputation by using software

[ad_1] Meet Plain, a new startup that wants to reinvent support tools. While the customer support space is a competitive industry with big tech companies like Intercom and Zendesk, Plain believes it has a different approach as it focuses on API integrations to make your company’s product and your support platform work hand in hand.

[ad_1] Californians seem to be voting against a proposal on the midterm election ballot that would tax the wealthiest Californians to help pay for electric vehicle tax incentives and EV charging infrastructure in the state. With about 53% of the state’s votes counted, Proposition 30 was losing 57.3% to 42.7%, according to California’s Secretary of State.

[ad_1] The beauty of Octavia Butler’s Kindred is how the novel frames empathy and care for others as forces powerful enough to move people through space and time. But the first trailer for FX’s upcoming series based on the book makes it seem like this take on Kindred’s going to be much more focused on

[ad_1] Tiger Global is adding Rohit Iragavarapu, the partner at TCV Capital involved in deals such as Gitlab, Attentive, Toast, LegalZoom and Avetta, to its investment team, two sources familiar with the matter said. Before joining TCV in 2019, Iragavarapu worked at TPG Global and Morgan Stanley, according to his Linkedin profile. He starts his

[ad_1] Twitter is rolling out another type of check mark to help distinguish accounts that users actually need to know are real. Although you can pay $7.99 per month for a blue check mark with the new version of Twitter Blue, select accounts for governments, companies, or public figures will get a gray “Official” check