Amazon CEO Andy Jassy Announces ‘Most Difficult Decision’ in More Bad News for the Tech Giant Next Year
Other tech companies like Meta, Twitter and Shopify are feeling the same pressure.
The Download: AI replicas, and China’s climate role
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. AI can now create a replica of your personality Imagine sitting down with an AI model for a spoken two-hour interview. A friendly voice guides you through a conversation that ranges from your…
November 2022
Pick your poison: recruitment or retention?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Alex and Natasha discussed the latest and greatest of this consuming news cycle. Our goal with the episode, as always, is to go beyond what you may see in a 140 […]
Pick your poison: recruitment or retention? by Natasha Mascarenhas originally published on TechCrunch
Patreon competitor Fanfix launches ‘SuperLink,’ a link-in-bio platform aimed at Gen Z creators
Fanfix, the Patreon-style platform focused on Gen Z, announced today the launch of SuperLink, a standalone monetization-focused link-in-bio platform that displays a creator’s Fanfix page. Fanfix previously partnered with various link-in-bio companies, including Koji, Beacons and Hoo.bee. However, the company says many of its creators requested Fanfix build its own version of the feature. It […]
Patreon competitor Fanfix launches ‘SuperLink,’ a link-in-bio platform aimed at Gen Z creators by Lauren Forristal originally published on TechCrunch
Jumia to cut products and overheads as new management chase profits
Last Monday, Jumia co-founders Sacha Poignonnec and Jeremy Hodara resigned from their roles as co-CEOs, just ten days before the company’s third-quarter 2022 financial report. The end of their tenure, therefore, marked the first time a new face — Francis Dufay, the ex-chief at Jumia Ivory Coast and now acting CEO of Jumia — took […]
Jumia to cut products and overheads as new management chase profits by Tage Kene-Okafor originally published on TechCrunch
VCs dish on why food tech investment was so light in Q3, while SAVRpak bags freshness deal with Jüsto
Food tech is experiencing a similar downturn in venture capital investment, and two VCs give their perspective on what’s happening.
VCs dish on why food tech investment was so light in Q3, while SAVRpak bags freshness deal with Jüsto by Christine Hall originally published on TechCrunch
Hive ransomware actors have extorted over $100M from victims, says FBI
The U.S. government has warned of ongoing malicious activity by the notorious Hive ransomware gang, which has extorted more than $100 million from its growing list of victims. A joint advisory released by the FBI, the U.S. Cybersecurity and Infrastructure Security Agency, and the Department of Health and Human Services on Thursday revealed that the Hive […]
Hive ransomware actors have extorted over $100M from victims, says FBI by Carly Page originally published on TechCrunch
Fund of funds Sweetwood Ventures bets big on VC’s smallest funds
Despite legacy venture capital firms continuing to raise bigger and bigger funds, LPs may have more luck focusing on the small stuff. Amit Kurz, a general partner at Israel-based fund of funds Sweetwood Ventures, thinks so. He told TechCrunch that last year he started to notice more and more tiny funds he wasn’t familiar with […]
Fund of funds Sweetwood Ventures bets big on VC’s smallest funds by Rebecca Szkutak originally published on TechCrunch
The Download: Twitter may only last weeks, and Meta’s unforced AI error
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Former Twitter employees fear the platform might only last weeks Recently-departed Twitter staff have told MIT Technology Review they worry that the platform has weeks to live based on current staffing levels, mass…
How much tax will you owe when you sell your company?
Personal tax planning can ultimately impact a founder’s take-home proceeds as much as exit-level valuation changes can.
How much tax will you owe when you sell your company? by Ram Iyer originally published on TechCrunch
Why Meta’s latest large language model only survived three days online
On 15 November Meta unveiled a new large language model called Galactica, intended to assist scientists. But instead of landing with the big bang Meta hoped for, Galactica has died with a whimper after three days of intense criticism. Yesterday it took down the public demo that it had encouraged everyone to try out. Meta’s…