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Companies that offer role referral bonuses do so with the assumption that their employees know their work culture — and a role’s requirements — best. But what if companies were to open up those referral bonuses to people outside the organization? That’s the idea behind Draftboard, co-founded by Zach Roseman, the former CEO of mobile […]

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Ahead of a full meeting of the European Data Protection Board (EDPB) this week (April 16 and 17), which is expected to produce guidance on a controversial tactic used by Meta to force Facebook and Instagram users to consent to its tracking, almost two dozen civil society groups and nonprofits have penned an open letter […]

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Meta has said that it plans to “temporarily” shutter Threads in Turkey from April 29, in response to an interim injunction imposed by the Turkish competition authority last month over the way Meta shares data between Threads and Instagram. The Turkish Competition Authority (TCA), known as Rekabet Kurumu, issued findings on March 18, noting that […]

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Bank of America (BAC), the second-largest U.S. lender, will publish its first-quarter earnings on April 16. With the bank’s net interest income expected to decline in the first quarter, should…

The financial services industry is booming with the growing demand for wealth management and digital banking services coupled with the rising adoption of advanced technologies like AI and machine learning….

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic…

Tesla is laying off thousands of workers as it tries to simultaneously cut costs and boost productivity, according to CEO Elon Musk. The electric automaker is cutting “more than 10%” of its global headcount, Musk said in an email reported by Electrek and Bloomberg News. Tesla finished 2023 with over 140,000 employees, meaning the cuts […]

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UK-based legaltech company Lawhive, which offers an AI-based in-house ‘lawyer’ through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9M) in a seed round to expand the reach of AI-driven services for ‘main street’ law firms. To date, most legaltech startups that are deploying AI have concentrated on the big, juicy […]

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Social networking platform Bluesky lifted its ban on sign-ups for heads of state over the weekend. This means various office holders can join the platform. Bluesky’s move comes ahead of major general elections in countries like the U.S. and India scheduled to be held this year. Last year, during Bluesky’s invite-only period, the company stated […]

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OpenAI is expanding to Japan, announcing today a new Tokyo hub and plans for a GPT-4 model optimized specifically for the Japanese language. The ChatGPT-maker opened its first international office in London last year, followed by its inaugural European Union (EU) office in Dublin a few months later. Tokyo will represent OpenAI’s first office in Asia […]

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