Snapchat maker Snap is the latest tech company to conduct layoffs with its newly announced plans for a 10% workforce reduction, the company said on Monday. The layoffs would impact roughly 500-plus employees, based on headcount figures Snap released in November 2023, when it saw small-scale layoffs of its then north of 5,000 employees. The […]
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Rivian will reveal its next-generation vehicle — a smaller, cheaper electric SUV known as R2 — on March 7, the company announced Monday morning. There’s little other detail about the event, though it’s expected to be held in Laguna Beach, California, as the company recently filed paperwork for an event there under the title “RIVIAN […]
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Large AI models — the big troves of language, vision and audio data that power generative artificial intelligence services — are shaping up to be as significant in the development of AI as operating systems have been in the development of smartphones: they are, in a way, looking like the platforms of the space (an […]
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Remote desktop software provider AnyDesk confirmed late Friday that a cyberattack allowed hackers to gain access to the company’s production systems, putting the company in lockdown for almost a week. AnyDesk’s software is used by millions of IT professionals to quickly and remotely connect to their clients’ devices often to help with technical issues. On […]
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Learn how to craft an email update that keeps investors engaged, communicates momentum, and garners support on your journey.
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Everbridge, a critical event management (CEM) software company, is going private in a $1.5 billion all-cash deal that will see it taken over by private equity giant Thoma Bravo. Founded in 2002 initially as 3N Global, Everbridge helps governments and enterprises from across the industrial spectrum respond to emergency situations — this includes risk intelligence […]
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Wonder Ventures is the latest to inject additional capital at the pre-seed stage, an area where general partner Dustin Rosen and other investors continue to be bullish.
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