UnitedHealthcare Offers Employees Voluntary Buyouts to Meet ‘Evolving Needs’
The health insurance giant could resort to layoffs if it doesn’t meet resignation quotas with buyouts.
US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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Saronic raises $600M to mass produce autonomous warships
Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced.
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Study of TikTok, X ‘For You’ feeds in Germany finds Far Right political bias ahead of federal elections
Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial Far Right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertook an analysis of social media content displayed to new users via […]
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After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO
Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a new SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. […]
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Uber ditches commissions in favor of fees for auto rickshaw drivers in India
Uber has introduced daily fees for auto rickshaw drivers in India to move away from its typical commission-based model.
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Free Webinar | March 11: 3 Biggest Mistakes Entrepreneurs Make (And How to Fix Them)
Join award-winning entrepreneur and bestselling author Kim Perell on 3/11 for an exclusive International Women’s Month webinar! Learn how to avoid the three biggest mistakes entrepreneurs make so you can build a thriving business. Register now!
Brand new women’s focused Swizzle Ventures skyrockets past its fundraising target
Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch. Back in December, TechCrunch previously reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will […]
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Mark Zuckerberg’s charity U-turns, ends DEI efforts
Mark Zuckerberg’s charity has eliminated its DEI programs and efforts just weeks after assuring staff it would continue supporting DEI efforts, the Guardian reports. The Chan-Zuckerberg Initiative (CZI), co-founded by Zuckerberg and his wife Priscilla Chan, will end internal DEI programs and no longer provide “social advocacy funding,” which provided grants for racial equity and […]
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‘Powerful, More Affordable Option’: Apple Reveals Its New Budget iPhone 16e, the iPhone SE’s Successor
The iPhone 16e starts at $599 and has Apple Intelligence.
Spanish spyware startup Mollitiam Industries shuts down
The little-known surveillance vendor filed for bankruptcy in January, after years of peddling spyware to countries like Colombia.
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