Monthly Archives: February 2024

PlayStation to axe 900 jobs and close London studio

The layoffs are the latest to hit the tech sector, which has seen big cutbacks worldwide since 2023.

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Confirmed: Photoroom, the AI image editor, raised $43M at a $500M valuation

Photoroom, the AI-based photo editing app out of Paris that has been growing like a weed targeting people doing business online while also attracting a lot of casual users to boot, has confirmed that it’s closed its latest funding round: … Continue reading

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Sony is laying off 900 employees from its PlayStation unit

Sony is laying off around 900 employees in its PlayStation division, the company announced on Tuesday. The cuts will impact 8% of the division’s global workforce, as Sony becomes the latest company to announce major cuts in recent weeks and … Continue reading

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Sony to lay off 900 workers from PlayStation division, or 8% of unit’s global workforce

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AI startup Glean lures Citigroup as investor at $2.2 billion valuation after revenue quadruples

Glean is taking on Microsoft with software that can search through internal data and provide corporate users with quick answers to questions

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Lapse, the app turning your phone into an old-school camera, snaps up $30M

It can cost a fortune in 2024 to find an analogue camera, buy film (and maybe special batteries) for it, and take pictures that then need to be paid to be developed. Yet the experience had a charm and a … Continue reading

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Zacua Ventures has launched a new $56 million fund dedicated to construction tech

Zacua, which has a regional presence in San Francisco, Madrid, Mexico and Singapore, is targeting startups addressing sustainability, productivity and urbanization. © 2024 TechCrunch. All rights reserved. For personal use only.

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Huawei spinoff Honor developing a smart ring after Samsung debuts its own wearable

Chinese electronics maker Honor is developing a smart ring, its CEO said, a day after Samsung took the wraps off of the Galaxy Ring.

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Elon Musk eats humble pie over unpaid bakery bill

The world’s richest man steps in after his car firm Tesla U-turned on a request for 4,000 pies.

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More music leaving TikTok over Universal row

At first artists signed to the label were removed, but now writers are being taken off the platform.

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