companies
- Technology
A look at L4S, an internet standard finalized in January 2023, aiming to reduce latency, with interest from Apple, Google, Comcast, Nvidia, and other companies (Mitchell Clark/The Verge)
Mitchell Clark / The Verge: A look at L4S, an internet standard finalized in January 2023, aiming to reduce latency,…
Read More » - Technology
Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series A from Norwest, sources say at a ~$100M valuation (Kenrick Cai/Forbes)
Kenrick Cai / Forbes: Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series…
Read More » - Technology
Scale AI, which helps companies label data for ML algorithms and was valued at $7.3B in Apr. 2021, lays off 20% of its staff; it had ~450 employees in Feb. 2022 (Kirsten Korosec/TechCrunch)
Kirsten Korosec / TechCrunch: Scale AI, which helps companies label data for ML algorithms and was valued at $7.3B in…
Read More » - Technology
Worlds, which builds "digital twins" of floor operations for industrial companies to help boost productivity, raised a $21.2M Series A led by Moneta Ventures (VentureBeat)
VentureBeat: Worlds, which builds “digital twins” of floor operations for industrial companies to help boost productivity, raised a $21.2M Series…
Read More » - Technology
Taiwanese lawmakers pass rules letting domestic chip companies convert 25% of their annual R&D expenses into tax credits; TSMC's stock rises 4%+ (Debby Wu/Bloomberg)
Debby Wu / Bloomberg: Taiwanese lawmakers pass rules letting domestic chip companies convert 25% of their annual R&D expenses into…
Read More » - Technology
Seattle Public Schools sue TikTok, YouTube, Facebook, Snap, Instagram, and their parent companies for allegedly causing a youth mental health crisis (Todd Bishop/GeekWire)
Todd Bishop / GeekWire: Seattle Public Schools sue TikTok, YouTube, Facebook, Snap, Instagram, and their parent companies for allegedly causing…
Read More » - Technology
Some companies are taking a liberal interpretation of CA's pay transparency law with wide pay ranges; one Netflix job posting has a pay range of $90K to $900K (Bloomberg)
Bloomberg: Some companies are taking a liberal interpretation of CA’s pay transparency law with wide pay ranges; one Netflix job…
Read More » - Technology
PitchBook: in 2022, investors pumped $1.37B+ into generative AI companies across 78 deals, almost as much as the investment in the previous five years combined (New York Times)
New York Times: PitchBook: in 2022, investors pumped $1.37B+ into generative AI companies across 78 deals, almost as much as…
Read More » - Technology
Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest client with 37K+ machines, as both companies undergo bankruptcy (Eliza Gkritsi/CoinDesk)
Eliza Gkritsi / CoinDesk: Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest…
Read More » - Technology
Layoffs.fyi estimates tech companies cut over 150,000 jobs in 2022, compared to around 80,000 between March and December 2020 and 15,000 across all of 2021 (Wall Street Journal)
Wall Street Journal: Layoffs.fyi estimates tech companies cut over 150,000 jobs in 2022, compared to around 80,000 between March and…
Read More »
