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Category Archives: Tech
Flexport kicks off restructuring with layoffs
Flexport founder Ryan Petersen said in September — in the wake of his hand-picked CEO’s sudden departure — that the logistics company needed to get its house in order. It started with Petersen rescinding dozens of employment offers and looking … Continue reading
The NVCA Model Legal Documents reach legal drinking age: A retrospective
Let’s take this occasion to raise a glass to a great idea that took only two decades to triumph, and examine the knock-on effects of that great idea. © 2023 TechCrunch. All rights reserved. For personal use only.
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LinkedIn: Microsoft says 668 more jobs to go
The company, which is owned my Microsoft, is cutting about 3% of its workforce.
Settlement talks collapse in Kenya Facebook redundancies case
Legal action by Nairobi-based workers who filtered out graphic Facebook posts will continue.
Will seed deals ever stop getting more expensive?
Per PitchBook, through Q3 2023, seed-stage startups clocked a median pre-money valuation of $12 million, beating 2022’s record of $11.1 million. © 2023 TechCrunch. All rights reserved. For personal use only.
ByteDance’s video editor CapCut targets businesses with AI ad scripts and AI-generated presenters
CapCut, the ByteDance-owned video editing app that’s the company’s second to hit $100 million in consumer spending after TikTok, is now expanding into business tools. Known today for its easy-to-use templates, tight integration with TikTok, and rapid adoption of AI … Continue reading
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Microsoft-owned LinkedIn lays off nearly 700 employees — read the memo here
Revenue growth at Microsoft’s business social network has slowed as advertisers pull back in an uncertain economy.
From concept to patent: 4 key steps for AI entrepreneurs
To maximize your chances of getting the patent filing process right, here are four tips that will help protect your work so you can capitalize on it. © 2023 TechCrunch. All rights reserved. For personal use only.
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Xpanceo, a deep tech startup, raises $40M to focus on smart contact lenses
Smartphone sales have had their worst quarterly performance in over a decade, and fact that raises two big questions. Have the latest models finally bored the market with mere incremental improvements? And if they have, what will the next form … Continue reading
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Bankman-Fried needs Adderall to testify, defense requests delay in trial
Sam Bankman-Fried’s lawyers say he urgently needs his long-release Adderall, otherwise they’ll need to take a day off from his criminal trial.