A lot has happened with SVB, and unless it’s your job to edit the news, it’s possible you missed a slice of the saga, if not the entire story. Here’s what went down.
Everything you need to get caught up on the SVB crisis by Ram Iyer originally published on TechCrunch
The technology industry continues to rack up an ever-longer list of layoffs — which now stand at nearly 139,000 according to Layoffs.fyi — but taking the wider job market, the overall pace of recruiting engineers and other technical talent has not let up. Now, one of the bigger players in the area of technical recruitment […]
Technical recruitment platform Karat snaps up Triplebyte to add AI-based quizzes for engineers by Ingrid Lunden originally published on TechCrunch
Virgin Orbit is halting all operations for a week to save money while it “conducts discussions with potential funding sources and explores strategic opportunities,” the company announced in an SEC filing. The company has been struggling financially and a recent launch failure clearly exacerbated those issues. The January launch was accompanied by much fanfare, as […]
Virgin Orbit pauses operations for a week to conduct a search for cash by Devin Coldewey originally published on TechCrunch
Artifact, the new personalized news app from Instagram’s co-founders, is another startup whose funding was caught up in the Silicon Valley Bank failure, and co-founder Kevin Systrom believes there could be more trouble to come for Silicon Valley. The founder disclosed in a recent interview the team had 100% of Artifact’s funds at SVB prior […]
Artifact co-founder Kevin Systrom on the SVB crisis, its further impacts and future of tech by Sarah Perez originally published on TechCrunch
At its virtual “Future of Work” event, Microsoft today announced the launch of an AI copilot — and make no mistake, Microsoft is all-in on using this ‘copilot’ metaphor across all of its products — to Power Apps, Power Virtual Agents and Power Automate. The idea here is to use AI to make using these […]
Microsoft’s new Power Platform AI copilot will build your apps for you by Frederic Lardinois originally published on TechCrunch
U.S. employees at Bandcamp, an online audio distributor, have announced their formation of a union. Last year, the platform was acquired by Epic Games, the multi-billion dollar company behind games like Fortnite and the Unreal gaming engine. According to the union, known as Bandcamp United, a super-majority of workers are in favor of forming a […]
Employees at Epic-owned Bandcamp form union by Amanda Silberling originally published on TechCrunch