Others

Code-generating platform Magic challenges GitHub’s Copilot with $23M in VC backing

February 6, 2023

Magic, a startup developing a code-generating platform similar to GitHub’s Copilot, today announced that it raised $23 million in a Series A funding round led by Alphabet’s CapitalG with participation from Elad Gil, Nat Friedman and Amplify Partners. So what’s its story? Magic’s CEO and co-founder, Eric Steinberger, says that he was inspired by the […]

Code-generating platform Magic challenges GitHub’s Copilot with $23M in VC backing by Kyle Wiggers originally published on TechCrunch

More tech job market misery as Dell lays off 5% of worldwide workforce

February 6, 2023

Tech workers took another big hit today when Dell announced it was laying off 5% of its worldwide employees in the face of plunging PC sales and general economic uncertainty. That’s 6650 more people who will be out of work. Bloomberg data showed that the company peaked at 165,000 employees in January 2020 and has […]

More tech job market misery as Dell lays off 5% of worldwide workforce by Ron Miller originally published on TechCrunch

TCL Podcast: Hear how to Cambly found profitability before its Series A

February 6, 2023

Cambly was founded in 2012, and has since raised $80.29m from leading venture capital firms. Success didn’t come overnight. The company had to weather a failed fundraise and countless competitors on its way to becoming a market leader. I had Cambly CEO Sameer Shariff and Benchmark partner Sarah Tavel on TechCrunch Live. It was the […]

TCL Podcast: Hear how to Cambly found profitability before its Series A by Matt Burns originally published on TechCrunch

Meta fails in bid to be removed as a party from an exploitation lawsuit against it and moderation partner Sama in Kenya

February 6, 2023

More drama is afoot for Facebook’s parent company Meta on the African continent. A Kenyan court today rejected Meta’s request to be removed as party in a lawsuit filed last year against it and Sama, its main subcontractor for content moderation in Africa. Together, the two are being accused of exploitation and union busting. Meta […]

Meta fails in bid to be removed as a party from an exploitation lawsuit against it and moderation partner Sama in Kenya by Annie Njanja originally published on TechCrunch

Post Series-B, anti-fraud platform SEON acquires AML startup Complytron for a rumoured €2.5M

February 6, 2023

Budapest-based SEON, — an anti-fraud platform which looks at a customer’s ‘digital footprint’ to weed out false accounts and thus prevent fraudulent transactions —  has acquired compliance and AML specialist firm,  Complytron, also based out of Budapest. Terms of the deal were not officially released, but Techcrunch sources said the deal was in the region […]

Post Series-B, anti-fraud platform SEON acquires AML startup Complytron for a rumoured €2.5M by Mike Butcher originally published on TechCrunch