Luminar cuts 20% of staff and outsources lidar production

Posted on May 3, 2024 by Techme101

Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” business model, as it aims to scale production. The cuts will affect around 140 employees, and are starting immediately. Luminar is also cutting […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Luminar cuts 20% of staff and outsources lidar production

X launches Stories, delivering news summarized by Grok AI

Posted on May 3, 2024 by Techme101

X’s Premium subscribers will be able to read a summary of posts on X associated with each trending story featured on the For You tab in Explore.
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on X launches Stories, delivering news summarized by Grok AI

Apple remains Buffett’s biggest public stock holding, but his thesis about its moat faces questions

Posted on May 3, 2024 by Techme101

Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of the iPhone maker.

Posted in Tech | Tagged | Comments Off on Apple remains Buffett’s biggest public stock holding, but his thesis about its moat faces questions

What Is Bank Reconciliation? Definition, Process,and Example

Posted on May 3, 2024 by Techme101

Learn the five steps of the bank reconciliation process and get answers to the most common bank reconciliation FAQs.

Posted in Tech | Tagged | Comments Off on What Is Bank Reconciliation? Definition, Process,and Example

Match-owned Archer hits over half a million installs amid dating app slump

Posted on May 3, 2024 by Techme101

It’s been almost one year since Match Group announced the launch of Archer, the online dating giant’s first app for gay, bi, and queer men. Since rolling out to New York last June, Archer has been downloaded more than 685,000 times, according to estimates from market intelligence firm Sensor Tower. Archer completed its U.S. rollout […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Match-owned Archer hits over half a million installs amid dating app slump

Musk raises $6B for AI startup. Also, is TikTok dodging Apple’s commissions?

Posted on May 3, 2024 by Techme101

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Musk’s 10-month-old baby, xAI, is closing in on a whoppin’ $6 billion funding round. The social network X, née Twitter — also part of Elon’s tech […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Musk raises $6B for AI startup. Also, is TikTok dodging Apple’s commissions?

Quicken vs. QuickBooks (2024): Accounting Software Comparison

Posted on May 3, 2024 by Techme101

This pair of decades-old tools pit brawn over beauty and price over value, making each appeal to totally different demographics.

Posted in Tech | Tagged | Comments Off on Quicken vs. QuickBooks (2024): Accounting Software Comparison

Three things we learned about Apple’s AI plans from its earnings

Posted on May 3, 2024 by Techme101

Despite spending more than $100 billion on R&D over the last five years, Apple isn’t planning to spin up too many new data centers to run or train AI models.
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Three things we learned about Apple’s AI plans from its earnings

Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims

Posted on May 3, 2024 by Techme101

Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the masses, and the Alaska, Fisker’s entry into the red-hot pickup truck market. In the weeks that followed, Fisker stopped paying the […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims

Top 5 Global Cyber Security Trends of 2023, According to Google Report

Posted on May 3, 2024 by Techme101

According to the M-Trends report, the average time it takes for an organisation to detect an attacker in their environment has decreased from 16 days in 2022 to 10 days in 2023.

Posted in Tech | Tagged | Comments Off on Top 5 Global Cyber Security Trends of 2023, According to Google Report