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Shopify to lay off more than 2,000 employees, or 20% of its workforce
Nickie Louise Posted On May 4, 2023


Canadian e-commerce company Spotify becomes the latest tech company to announce job cuts amid the ongoing economic slowdown and geopolitical uncertainties. Shopify announced Wednesday that it’s laying off more than 2,000 people, or 20% of its workforce. In addition, the […]


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Top tech startup news for Wednesday, May 3, 2023: Advance Intelligence, Meta, Pando, TIDAL, and Unity
Nickie Louise Posted On May 3, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, May 3, 2023.   FTC says Facebook misled parents and failed to guard kids’ privacy; proposes ban on Meta profiting from minors’ data The U.S. Federal […]


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Databricks acquires AI-centric data governance platform startup Okera
Nickie Louise Posted On May 3, 2023


San Francisco-based Databricks announced today that it has acquired Okera, the world’s first AI-centric data governance platform. The two companies did not disclose the terms of the acquisition. A spokesperson for Databricks said the completion of the acquisition is “imminent.” Databricks […]


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Dun & Bradstreet expands its ESG rankings coverage to nearly 74 million public and private companies
Daniel Levi Posted On May 3, 2023


JACKSONVILLE, Fla. – May 3, 2023 — Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, announced it has expanded its ESG Rankings coverage across public and private companies from 42 million to 74 million in […]


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Pando raises $30M in funding to grow its AI-powered supply chain platform
Nickie Louise Posted On May 3, 2023


Supply chain disruptions have reached their peak in recent years, hindering business growth and limiting consumers’ access to quality products. In addition, siloed logistics software has also hampered business operations. In a recent survey conducted by Deloitte, over 70% of […]


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Music streaming platform TIDAL relaunches TIDAL RISING with funding for emerging artists
Nickie Louise Posted On May 3, 2023


TIDAL, a global music streaming platform owned by Jack Dorsey’s Block and musician Jay-Z, today announced the relaunch of  TIDAL RISING, a program that levels the playing field for all artists. Originally launched in 2015, TIDAL RISING was designed to […]


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Video game developer Unity Software to lay off 600 employees, or 8% of its workforce
Nickie Louise Posted On May 3, 2023


Video game developer Unity Software becomes the latest tech company to announce job cuts as the tech layoff trend continues without signs of slowing down. On Tuesday, Unity said it will lay off 600 employees, equivalent to 8% of its […]


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Hackers target users with ChatGPT malware: ChatGPT scams are now the new crypto scams, Meta says
Daniel Levi Posted On May 3, 2023


ChatGPT has soared in popularity in recent months. In just two months after its launch, ChatGPT went from an obscure AI tool to reaching 100 million monthly active users in January, making it the fastest-growing consumer application in history. But […]


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Singapore-based unicorn startup Advance Intelligence raises $80 million in funding
Nickie Louise Posted On May 3, 2023


While the rest of the startup space may be experiencing a funding drought, investments in artificial intelligence have increased more than sixfold since 2016, according to data from research firm Statista. Since the debut of ChatGPT in November of the […]


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Top tech startup news for Tuesday, May 2, 2023: Alibaba, Aligned, Chegg, Gigascale, Gigs, Inflection AI, and Simpplr
Nickie Louise Posted On May 2, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, May 2, 2023.   Chegg lost 40% of its value after the company says ChatGPT is killing its online education business Just last month experts warned that […]


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Inflection AI, an AI startup founded by LinkedIn and DeepMind co-founders, launches ChatGPT-like chatbot
Daniel Levi Posted On May 2, 2023


Move over, ChatGPT! Inflection AI, the artificial intelligence startup founded by LinkedIn co-founder Reid Hoffman and Google DeepMind co-founder Mustafa Suleyman, today released its first AI chatbot product called Pi similar to OpenAI’s ChatGPT. Inflection said that Pi uses generative […]


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Aligned lands $5.8 million to streamline sales process for B2B buyers and sellers
Nickie Louise Posted On May 2, 2023


While the business-to-consumer (B2C) sector has undergone significant changes over the years, the way buyers and sellers in the business-to-business (B2B) space collaborate has remained mostly unchanged, with communication still relying heavily on email threads, attachments, and spreadsheet links. The […]


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Simpplr raises $70M in funding to grow its AI-powered employee experience platform
Nickie Louise Posted On May 2, 2023


About 8 years ago, entrepreneur Dhiraj Sharma was approached by HR tech company Workday to create an intranet app to enhance the employee onboarding experience. This opportunity came at a perfect time for Sharma, as his interests in purpose and […]


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Gigs launches with $2.7M in funding to connect companies to job seekers looking for hourly jobs in their neighborhoods
Nickie Louise Posted On May 2, 2023


The United States continues to experience a persistent labor shortage exacerbated following the COVID-19 pandemic. According to the Society for Human Resource Management, 76.1 million workers aged 16 and older – representing more than half of all wage and salary […]


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Former Facebook CTO Mike Schroepfer launches Gigascale Capital, a VC firm that invests in climate-focused startups
Nickie Louise Posted On May 2, 2023


Climate change is one of the most significant challenges of our time. From drought and extreme weather events to rising sea levels that heighten the possibility of catastrophic flooding, the impacts of climate change are global in scope and cannot […]


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Vice is preparing to file for bankruptcy just 2 weeks after Buzzfeed News shuttered
Daniel Levi Posted On May 2, 2023


First, it was BuzzFeed News, now Vice is reportedly preparing to file its own bankruptcy. The New York Times reported late yesterday that Vice Media Group, the parent company of media websites Vice and Motherboard, is on the verge of […]


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Alibaba founder Jack Ma is now a college professor in Japan
Nickie Louise Posted On May 2, 2023


Jack Ma, the billionaire co-founder of Alibaba who vanished from the public eye in 2020, has recently accepted a teaching position in Japan. This marks one of the first public positions he has undertaken since his abrupt disappearance from the […]


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Top tech startup news for Monday, May 1, 2023: Bluesky, Campus, Getir, HubSync, IBM, and TIER Mobility
Nickie Louise Posted On May 1, 2023


Good evening! Below are some of the top tech startup news stories for Monday, May 1, 2023. Berlin-based e-scooter operator TIER Mobility is in merger and acquisition talks Berlin-based e-scooter operator TIER Mobility is reported in talks for a potential […]


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IBM plans to replace 7,800 jobs with AI and pause hiring
Daniel Levi Posted On May 1, 2023


International Business Machines Corp (IBM) said today that thousands of jobs within the company are going to be replaced by AI and automation in the next few years. In an interview with Bloomberg on Monday, CEO Arvind Krishna told the […]


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HubSync closes Series A funding to simplify and automate tax and accounting processes for CPA firms
Daniel Levi Posted On May 1, 2023


The market size of the Accounting Services industry, measured by revenue, is valued at $144.5 billion in 2023. And yet, the CPA profession, which makes up a large portion of this industry, has been struggling with fragmentation and inefficiency when […]


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