Music streaming platform SoundCloud has laid off 8% of its staff according to multiple reports. The fresh round of job cuts comes after the company laid off 20% of its employees last August. In a memo sent to staff — seen by Variety — CEO Eliah Seton said that SoundCloud is reducing headcount to get […]
SoundCloud lays off 8% of staff as it aims to reach profitability this year by Ivan Mehta originally published on TechCrunch
I spent a bit of time at Figure’s Sunnyvale offices during a recent visit to the South Bay. The firm is currently in that semi-awkward phase where it’s ready to talk about what it’s working on — but only to a point. That means things like its process and plans are on the table, while […]
Figure raises $70M to build its humanoid robots by Brian Heater originally published on TechCrunch
Here’s a quick rundown of three climate tech funding rounds that caught our attention.
What’s getting funded in climate tech: Managing ESG data, supplying fusion startups and removing carbon by Tim De Chant originally published on TechCrunch
The $79 billion sneakers (or “trainers,” for our U.K. readers) industry has spawned a lucrative resale market, expected to hit $30 billion by the end of the decade — up from $5 billion in 2020. Some have even called sneakers an alternative asset class, an investable product that can be bought and sold on for […]
Laced, a UK-based resale marketplace for authenticated premium sneakers, raises $12M by Paul Sawers originally published on TechCrunch
For all the talk about emerging markets and their similarities, moves involving African startups expanding to Latin America are rare. Only two significant activities come to mind recently: Migo’s expansion to Brazil and Paga’s planned move to Mexico, their respective second markets outside Africa. What’s rarer, however, is the reverse — Latin American tech startups […]
EBANX: We will be operating in 11 African countries by the end of the year by Tage Kene-Okafor originally published on TechCrunch
Incredo’s technology binds real cane or beet sugar with trace amounts of a natural carrier that is able to reduce the amount of sugar in foods by between 30% and 50%.
DouxMatok takes sweet journey to become Incredo after securing $30M by Christine Hall originally published on TechCrunch
Merely months have passed since Microsoft and OpenAI unveiled ChatGPT to the world, sparking a fervor among tech enthusiasts and industry titans. Now, the technology that underpins this generative AI is breaking barriers, reaching remote hamlets miles away from the tech hubbubs of Seattle and San Francisco. Jugalbandi, a chatbot built in collaboration by Microsoft, […]
Microsoft’s AI reaches rural India by Manish Singh originally published on TechCrunch